There is a growing demand for edtech materials in Nepal to engage in science, technology, and innovation processes and provide opportunities for practical education. In addition, self-learning assistive tools are needed for students who are studying at home. In the current situation, there is a need to design laboratories and study rooms with IT equipment and establish computer networks in educational institutions in Nepal. Many municipalities have not been able to utilize the budget provided for smart class and digital learning environments under schools’ ICT programs due to a lack of reliable equipment and useful educational packages. Therefore, the purpose of the site will be to promote innovative and relevant edtech materials as well as operate an e-commerce site where we can sell and expand the technology and equipment required to develop personal and educational capacity.

“Modern day education at your fingertips”

Sumy Education is a social enterprise with the objective of working in the education field of Nepal, conducting educational activities based on information and communication technology to make the teaching-learning process efficient and effective. One of the aims of the company is to provide learning tools and related information to the students and teachers as per their requirements. We don’t just work as an e-commerce site selling educational goods but want to emulate the entity of our company – making change and progress through knowledge in the community.

The beginning of this work will help to shape the theme and scope of Sumi Education as well. We will have a dynamic team that will work and learn and moves forward. We will also work on developing educational materials with the involvement of the human resources required to create this website. The same team helps to feed product content on the website and show social media presence for the company. The team will also play a key role in launching a YouTube channel for DIY and stories.

The tasks are simple and will show people how easily they can make small changes in their life to make a difference in their world. The revenue stream for this website will come from commissions. We will have affiliate relationships with retailers providing these products so we won’t be producing them or carrying inventory, just earning commission on each sale.

Our financial strategy is based on staying profitable while keeping expenses extremely low. We plan to earn as much money as humanly possible. We’re more concerned with keeping the cash flow and cash balance positive. The accompanying chart highlights our financial plans.