KATHMANDU: National Business Initiative(NBI) and Madan Bhandari University’s Science and Technology Development Board (MBUSTD) have signed a Memorandum of Understanding to nurture cooperation and collaboration between the business community and MBUSTD in the days ahead.

According to a press release issued by NBI General Secretary Surendra Bir Malakar, Kush Kumar Joshi- the President of NBI and Prof. Dr. Rajendra Dhowj Joshi- the President of MBUSTD signed the agreement to strengthen the relationship between business community and the Madan Bhandari University.

The agreement has reiterated the need to identify the areas of comparative benefits and enhance the capacity of the enterprises, run more research based academic programs, establish the incubation center and promote joint project in the best interest of the business community and nation as a whole.