The government of Nepal will provide a capital grant of up to Rs 5 million to startups
The Government of Nepal, through the National Planning Commission, has called for a proposal to provide Rs 50 Lakhs capital grants for startups (innovation). Through the information published today, the commission has asked for proposals through the website.
As provided in the Innovative Initial Capital Grant Procedure 2076 and the Innovative Initial Capital Grant Criteria 2077, a proposal has been invited to provide a grant of Rs. 500,000 to Rs. 5 million to the inventors, entrepreneurs, businessmen, individuals or organizations with latest knowledge, skills and abilities.
A notice has been issued to prepare the proposal in the format mentioned in the working procedure and criteria and send it to the office of the National Planning Commission within 30 days. To submit an offer, you need to register in the online system, create a username and password and login. For this, the commission has called for submitting the form through this website.
How to submit a proposal?
You have to go to the website provided by the National Planning Commission and first register with your name and email. Verification will come in the email kept while registering, you can click on that link and login with the email and password placed at the beginning. Then the application form will be available. It can be explained by clicking on the button to save your idea, details of what you are trying to do, all the information about the investment. After this, the commission will start the assessment from the submitted details.