Blog

19 May 24

Govt introduces ‘National Startups Policy, 2080’ to boost entrepreneurial growth with tax waivers

KATHMANDU, May 19: The government is set to support investment in startup companies through the implementation of the ‘National Startups Policy, 2080’, recently adopted by the Council of Ministers. This policy includes waivers on costs associated with registering businesses, renewing and registering industrial properties, as outlined by the policy. Additionally,…

31 Mar 24

Siddharth’s Journey from Kanchanpur to Jhapa 24 Hotels

Hinders, stumbles and challenges in life not only cause pain, but also open the door to new possibilities. How to embrace the possibility? It depends on the person. 52-year-old Laxman Neupane (Chintamani) of Hunga, Chhatrakot Rural Municipality of Gulmi, is one of those who have embarked on a journey of…

23 Mar 24

Punya Prasad’s journey: From traditional farmer to a successful entrepreneur

Two decades ago, when the Maoist insurgency escalated, it adversely affected Nepal’s economic activities, leaving a trail of destruction. Private investors desisted from making investments, the government investment too slowed and foreign investors stayed away. For Punya Prasad Chaudhary, there was something in his mind—to become an entrepreneur. But he…

29 Oct 23

Women entrepreneurs reveal success stories

Anju Thapa of Tilottama Municipality-1 in Lumbini province had her first period at the age of 11. As per local tradition, she had to live separately in a cowshed for nine days, and use old rags to absorb the menstrual flow. As a result of repeated use of dirty pieces…

29 Aug 23

‘Startup Nation 2030 Conference’ aims to transform Nepal’s startup landscape

KATHMANDU: The ‘Startup Nation 2030 Conference’ being held in Kathmandu aims to nurture and elevate Nepal’s startup ecosystem. The highly anticipated two-day conference that kicked off on Monday is a collaborative effort by the Ministry of Industries, Commerce and Supplies (MoICS), Federation of Nepalese Chambers of Commerce and Industry (FNCCI), University Grants Commission (UGC)…

11 Jun 23

NewBiz Startup Summit and Awards 2023

New Business Age honoured eight startup companies, including the five best startups of the year, during the NewBiz Startup Summit and Awards held in Kathmandu on May 19. During the awards ceremony, Doctors on Call, E-Digital Nepal, FocusOne, inGrails (VEDA) and Sajilo Sewa were announced as the five best startups…

28 May 23

Key Budget Highlights Every Startup Entrepreneur Should Know for Fiscal Year 2081/82 (2024/25)

1. Overview Over the past decade, the Nepalese government has shown consistent support for Startups through its annual budgets and plans, leading to a significant expansion in the sector. However, despite these efforts, Nepal has yet to fully establish an environment conducive to nurturing innovative minds that can elevate the…

12 May 20

NEPALI STARTUP ECOSYSTEM : The Growth So Far & The Future

The Nepali startup ecosystem, which has started to grow from a nascent stage, needs every type of support it can get from stakeholders to become vibrant. –BY NIKEETA GAUTAM The last two months have been quite eventful for Nepali startups. First, Foodmandu, Nepal’s largest food delivery platform, has secured its…

18 Dec 19

‘Helmets Nepal’ opened after missing helmets

Highlights ‘Helmets Nepal’, which started with the ‘online delivery’ service of helmets for the last eight years considering the emergency situation, now not only has an annual turnover of Rs 40 million but also advocates for road safety. Kathmandu: If a scooter or motorcycle is lost or stolen in a…

16 Dec 19

Four decades of Kohinoor Metal: From motorcycle legguards to helmet production

Highlights Suman has been running the industry since 2068 BS, he knew that his products had occupied the market all over Nepal, Suman understood the demand for helmets in the market, so he decided to make Nepali helmets. Lumbini: Around 40 years ago, Ram Prasad Basyal of Butwal-9, Deepnagar of…