December 31: New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily, has signed a memorandum of understanding (MoU) with the Federation of Nepalese Chambers of Commerce and Industries (FNCCI), the apex body of Nepal’s private sector, to promote women entrepreneurship.
Madan Lamsal, chairman of New Business Age, and Meena Shrestha, deputy director general at FNCCI, signed the agreement to this effect on behalf of their respective organisations on December 31.As per the agreement, FNCCI will be the associate partner of NewBiz Business Women Summit and Excellence Awards which will be held on March 6, 2020.
FNCCI’s Director General and former secretary of Nepal Government Dharanidhar Khatiwada and FNCCI's Deputy Director Bidur Chandra Lamichhane were also present during the signing ceremony. New Business Age has already signed an agreement with the Standard Chartered Bank (SCB) Nepal whereby the bank will be the title sponsor of the event. Similarly, Reliable Insurance will be the event's Life Insurance Partner.
As per the agreement, interaction programmes related to women entrepreneurship and financial literacy training programmes will be organised in 10 different places across the country including the Kathmandu valley ahead of the awards ceremony. Similarly, women entrepreneurs working in different sectors of business will be selected and honoured during the NewBiz Business Women Summit and Excellence Awards.
The title sponsor of the programme is Standard Chartered Bank Limited and it will be organised in association with Muktinath Development Bank. FNCCI along with chambers of 10 different districts and Federation of Woman Entrepreneurs' Association of Nepal (FEWAN) are associate partners for the event while Star Hospital is the medical partner. The programme is also supported by Sitaram Gokul Milks, Nimbus Group, Progressive Finance and Reliable Life Insurance.