NRB Study Finds Startup Entrepreneurs Aged 21–70 in Koshi Province

Bajarko Chirfar
Bajarko Chirfar
2082 Poush 22
NRB Study Finds Startup Entrepreneurs Aged 21–70 in Koshi Province

A special study conducted by Nepal Rastra Bank (NRB) has found that startup enterprises in Koshi Province involve entrepreneurs aged between 21 and 70 years. According to the central bank’s report on startup trends in the province, total investment in startups stands at Rs 2 arba 56 crore, of which 38.7 percent is financed through loans and 61.3 percent through equity capital. The study shows that 39.3 percent of entrepreneurs fall in the 21–35 age group, 44.4 percent in the 36–50 age group, and 16.2 percent in the 50–70 age group. Among entrepreneurs aged 21–35, the highest participation is seen in the information technology sector (73.3 percent), while the lowest involvement is in agriculture (21.2 percent). The report indicates that younger entrepreneurs show greater interest in digital and technology-focused ventures, whereas those aged 36–50 are most actively engaged in the agriculture sector, with only 26.7 percent involved in information technology. Similarly, entrepreneurs aged 50–70 are most active in the tourism sector (27.3 percent), with no involvement recorded in information technology. NRB stated that the study is based on data collected from 160 startup enterprises in Koshi Province that had applied for and were shortlisted for startup loans at the Industrial Enterprise Development Institute. The participating startups span five sectors—agriculture and forestry, manufacturing, services, tourism, and information technology—with sectoral distribution of 41.3 percent in agriculture and forestry, 18.1 percent in manufacturing, 17.5 percent in services, 13.8 percent in tourism, and 9.4 percent in information technology.

This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.

 

 

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