Global IME Bank has announced the launch of its ‘Udyamshala’ program to promote Micro, Small, and Medium Enterprises (MSMEs) in Nepal, calling for applications from innovative individuals and entrepreneurs.
Global IME Bank recently announced it will run the ‘Udyamshala’ program. This initiative aims to help grow Micro, Small, and Medium Enterprises (MSMEs) across the nation.
The bank officially launched this program during an event held on World Micro, Small and Medium-sized Enterprises Day. On this occasion, they asked innovative people and entrepreneurs from all over the country to apply for the incubation program.
According to the bank, ‘Udyamshala’ program has a goal to encourage people with fresh ideas to become successful business owners. It also wants to give important knowledge, skills, and advice to existing micro, small, and medium businesses to make them more lasting, competitive, and well-known.
Mr. Surendra Raj Regmi, the Chief Executive Officer, started the program at the bank’s main office in Kamaladi. He mentioned that this platform was made to help solve common challenges faced by entrepreneurs. He also added that participants will get practical knowledge, guidance, and ways to solve problems from experts, experienced business people, and trainers.
Global IME Bank said that the ‘Udyamshala’ program will have two parts: Incubation and Acceleration. The Incubation program is for young people who wants to start new businesses and those with fresh ideas. Through this, they will get help in building their skills, expanding their business network, and proper guidance.
The Acceleration program, on the other hand, is for entrepreneurs who already have businesses but are having trouble growing or upgrading them. The bank explained that this program will help in improving skills, using modern technology, marketing, and making connections with important organizations.
People taking part in the program will learn practical things like how to register a business, tax and legal rules, market research, managing products, financial planning, and how to access banks and other financial institutions.
Global IME Bank has earned several national and international awards. These include Bank of the Year, Best Bank Nepal, Euromoney Award for Excellence, Best Bank ESG Nepal, and Best Employer.
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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