#IEDI

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  • 400 startups to get concessional loans of up to Rs 2 million

    The government will give concessional loans to 400 startup businesses in this fiscal year. The Industrial Enterprises Development Institute has called for project proposals, and the last date to apply is November 27.

    Loans carry only 3 percent interest, and the government has set aside Rs 730 million for the programme. Startups in 16 sectors, from agriculture and tourism to technology and renewable energy, can apply.

    Photo: Pexels
    Source: The Annapurna Express

    #NepalStartups #StartupNepal #Entrepreneurs #BusinessNepal #IEDI
    400 startups to get concessional loans of up to Rs 2 million The government will give concessional loans to 400 startup businesses in this fiscal year. The Industrial Enterprises Development Institute has called for project proposals, and the last date to apply is November 27. Loans carry only 3 percent interest, and the government has set aside Rs 730 million for the programme. Startups in 16 sectors, from agriculture and tourism to technology and renewable energy, can apply. Photo: Pexels Source: The Annapurna Express #NepalStartups #StartupNepal #Entrepreneurs #BusinessNepal #IEDI
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  • Good news for Nepali founders. 922 startups have now received concessional loans worth Rs 1.057 billion under the government's startup loan scheme, according to the Industrial Enterprises Development Institute (IEDI). The loans are collateral-free at 3% interest, from Rs 500,000 to Rs 2 million. If you run a startup, what is the hardest part — the idea, the funding, or finding customers? Tell us below.
    Good news for Nepali founders. 922 startups have now received concessional loans worth Rs 1.057 billion under the government's startup loan scheme, according to the Industrial Enterprises Development Institute (IEDI). The loans are collateral-free at 3% interest, from Rs 500,000 to Rs 2 million. If you run a startup, what is the hardest part — the idea, the funding, or finding customers? Tell us below.
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