The South Asian Institute of Management (SAIM) is an independent management institute based in

Nepal Nepal (; ne, नेपाल ), formerly the Federal Democratic Republic of Nepal ( ne, सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल ), is a landlocked country in South Asia. It is mai ...

. The Institute was opened by a group of professionals who wanted to create an institute of learning,

research Research is "creativity, creative and systematic work undertaken to increase the stock of knowledge". It involves the collection, organization and analysis of evidence to increase understanding of a topic, characterized by a particular att ...

and consultancy in the region. While a profit-making venture, the Institute's board decided from the beginning to retain a majority proportion of profits toward institution building and the promotion of

entrepreneurship Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values th ...

, including backing any promising

business venture Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...

s from its own graduates.myrebulica web site
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Sources

Homepage
* http://www.nepalitimes.com/issue/2007/02/16/Interview/13234 * http://www.myrepublica.com/portal/index.php?action=news_details&news_id=7608

References

{{coord missing, Nepal Universities and colleges in Nepal