This project has been successful in accomplishing the study of “Need and Environment Assessment of Business Incubation”; creating a more widespread awareness in incubation through stakeholder consultations, training, information dissemination through the paper and electronic media (FM radio, TV, CD-ROM and web). During the course of the project, 23 different individuals received incubation managers training and 13 Nepalese persons from government, academia and private sector got international exposure on incubation through a global forum, conferences, workshops in India and Philippines. Finally, the project also developed a business plan for an incubator (namely Business Incubation Centre, Kathmandu). Department of Cottage and Small Industry (DoCSI) is the owner of this business plan. Lately, Economy Policy Network from Ministry of Finance has reconsidered the concept of Business Incubation for a policy framework.