Government announcement to establish innovation promotion and innovation fund

The government is going to establish a startup fund.

President Ramchandra Paudel said this while presenting the policy and program for the coming fiscal year 2080/81 at the joint meeting of the Federal Parliament.

He said that innovation promotion and innovation fund will be established to expand and encourage innovation research, innovation and science education. The issue of managing the fund will be submitted to this convention.

Just a few days ago, there was an agreement between the President of the National Innovation Center Mahavir Pun and the government to establish a startup fund.

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