KATHMANDU, March 16: While unemployment is increasing in the country, there is a growing interest in startups among the youth. Young people are drawn to startups as they can avail loans at concessional rates to initiate ventures.

KATHMANDU, Jan 30: The government has prepared the Startup Enterprises Credit Fund Working Procedures to provide loans to startups that develop new ideas into enterprises. Joint Secretary of the Ministry of Industry, Commerce and Supplies, Jiblal Bhusal said that the procedure has been approved by the ministry.

KATHMANDU, Nov 23: To promote industrialization in the country, the government has brought about a policy to encourage innovative startups.

KATHMANDU, Aug 3: The Securities Board of Nepal (Sebon) has stepped up efforts to bring the startups under the stock exchange market framework.

The decision for Nepali youths to pursue higher education or employment opportunities abroad is a prevalent and compelling phenomenon. Driven by a myriad of motivations, including the aspiration for quality education, promising career prospects, lucrative scholarships, enhanced skills and certification, and the desire for independence and a better quality of life, these individuals exhibit an unwavering determination to succeed.

Nepal’s Booming IT Sector

May 15, 2023 09:30 am

In 2001, the Government of Nepal established the National Information Technology Center (NITC) and Government Integrated Data Center (GIDC), which marked the beginning of a new chapter in information and communication technology. Although initially created to record data for government offices, ministries, and departments, it quickly became a gateway to developing and expanding ICT infrastructure.

KATHMANDU, March 27: The government is set to call for proposals from interested startups businesses to avail  collateral free loans with finalizing the working guideline on the matter.

KATHMANDU, Feb 24: The government is preparing a working guideline to provide startups with collateral free subsidized loans of up to Rs 2.5 million.

Start-ups: A Glimmer of Hope

April 28, 2022 17:30 pm

The start-up scene in Nepal is okay, if not too well. The launching of start-ups didn’t slow down although all other sectors of the economy were held back by the COVID-19 pandemic for over two years. Similarly, there is no dearth of innovative business ideas introduced by the budding and young entrepreneurs in the country. That certainly gives us a glimmer of hope in these torrid times. But right government policies, implementation of government commitments made to the start-ups in the past, and investors willing to take risks are lacking.

KATHMANDU, August 4: Huawei has announced to invest US $ 100 million in the promotion of startups in the Asia Pacific region.

KATHMANDU, June 7: The Ministry of Finance (MoF) has formed a task force to make necessary homework on startup businesses and workplace-based training and employment programs for the implementation of the provisions related to the private sector included in the budget for the fiscal year 2021/22.

BizFest 2019 empowers startups

January 5, 2019 17:59 pm

Powered by Khalti app, GBG Kathmandu and WomenWill collaboratively organized an event titled ‘BizFest 2019’ at the premises of Galaxy Public School, Gyaneshwor on Saturday. The event was organized with an aim to create opportunities to learn about new business strategies and to help people grow their business in 2019.

NEXT Growth Conclave motivates start-ups

December 23, 2017 08:50 am

KATHMANDU, Dec 23: Next Venture Crop organized the NEXT Growth Conclave, a business conference at Soaltee Crowne plaza on Friday.

For entrepreneurs, it’s all about the thrill of creating a product that is revolutionary and doesn’t exist in the market. They want make an offering that people are not accustomed to, yet it is necessary for the product to exist to make lives simpler for many. While these startups start from scratch and mark themselves on the path of innovation, they also have another hurdle on their journey – educating the audience regarding the use of such a product.

‘Monday Morning Coffee Queries Week 69’ was organized at Bodhi Books and Bakes, Chappal Karkhana on Monday. MMCQ is a regular weekly business meet-up organized by Clock b Business Innovations every Monday from 9 am to 11 am.

A second edition of ‘Meet Investors @Breakfast’ is set to be organized on August 20 from 9 am to 12 pm. The event, last year, was successful in bringing startups, entrepreneurs and business enthusiast together and helped them either start or scale up their initiative. To participate in the event, business representatives would have to go through extensive selection process, which will be conducted on Maan Nam Multi-Cuisine Restaurant and Lounge Bar in Padma Marg, Bhatbhateni.

CG, Nimbus pledge to help start-ups

February 4, 2017 10:00 am

KATHMANDU, Feb 4: Chaudhary Group and Nimbus Group will help Nepali start-ups with capital and other support, their representatives said Friday.

A boom in consumer drone sales has spawned a counter-industry of start-ups aiming to stop drones flying where they shouldn’t, by disabling them or knocking them out of the sky.

Youth innovators plan green startups

November 24, 2016 09:39 am

KATHMANDU, Nov 24: Four different youth groups have been selected for green entrepreneurship support through the competition Greenovation Startup Challenge (GSC), which is taken as a platform to transform innovative green entrepreneurship ideas of young entrepreneurs into tangible business enterprises.

KATHMANDU, Sept 28: Rockstart Impact, a Kathmandu based startup accelerator, has opened application for its third accelerator program to prepare Nepali companies attract foreign impact investors.

Working for startup companies might not earn you a “handsome” remuneration; it neither has job security, nor comes with the strong ‘brand’ name you would want to be associated with. But if you dare take the risk, it’s a wonderful platform to shine. The startup trend in Nepal has boomed in the recent years, and they are lacking competent human resources.