KATHMANDU, Dec 27: The government has announced that it is currently in the process of selecting project proposals submitted for startup enterprise loans. These loans, which were first introduced in the previous fiscal year, are designed to support the growth of new businesses.
For the fiscal year 2024/25, the government allocated one billion rupees for startup enterprise loans. A call for project proposals was made from August 27 to September 16 of this year.
The Industrial Enterprise Development Foundation, under the Ministry of Industry, Commerce, and Supplies, has reported receiving 5,158 proposals for the startup loans.
Govt invites proposals for startup enterprise loans
The foundation is now reviewing these proposals and preparing an initial list of applicants who will be selected, in accordance with the Startup Enterprise Loan Operation Procedure, 2081.
KATHMANDU, Dec 27: The government has announced that it is currently in the process of selecting project proposals submitted for startup enterprise loans. These loans, which were first introduced in the previous fiscal year, are designed to support the growth of new businesses.
For the fiscal year 2024/25, the government allocated one billion rupees for startup enterprise loans. A call for project proposals was made from August 27 to September 16 of this year.
The Industrial Enterprise Development Foundation, under the Ministry of Industry, Commerce, and Supplies, has reported receiving 5,158 proposals for the startup loans.
The foundation is now reviewing these proposals and preparing an initial list of applicants who will be selected, in accordance with the Startup Enterprise Loan Operation Procedure, 2081.
