Govt opens 21-day window for startup loan proposals

KATHMANDU: The government has sought project proposals for startup enterprise loans via the Industrial Enterprise Development Institute (IEDI).

According to a notice released today, the IEDI has requested eligible entrepreneurs to submit their proposals within the next 21 days.

In line with Section 4 of the Startup Enterprise Loan Operation Procedure, 2081, the IEDI has specified that entrepreneurs who meet the qualifications detailed in Schedule 1 and are interested in obtaining a startup enterprise loan based on innovative ideas, expertise, and skills must present their proposals following the format outlined in Schedule 3.

For further details and to access the project proposal format, the government has urged indivuduals to visit www.iedi.org.np, IEDI’s official website.