80 percent start-ups in Koshi province are in profit, despite bracing all odds
Summary
A study by Nepal Rastra Bank reveals that 80% of start-ups in Koshi Province are profitable despite challenges such as limited capital and market access.
Key Points
- 80 percent of start-up enterprises in Koshi Province are earning profits despite challenges.
- Start-ups are categorized into agriculture and forestry, production, service, tourism, and IT sectors.
- Majority of start-ups operate locally or nationally, with a small fraction serving international markets.
- Recommendations include seed capital mobilization, legal flexibility, tax incentives, and incubation centers to support start-ups.
