Nepal: An innovative franchising model for practice oriented vocational training
The Swiss Agency for Development and Cooperation (SDC) has supported the introduction of an innovative business model, a variant of a franchising model, in the vocational training sector in Nepal. Private sector organizations have provided training and job placement services to around 25’000 young people. Over 80% of them have found gainful employment or self-employment. The programme targets young women and men from economically poor and socially discriminated groups. Through SDC and HELVETAS Swiss Intercooperation, additional funding has been attracted from the Government of the United Kingdom and the World Bank.