GIBL launches “Udyamshala” program to promote entrepreneurship & SME growth
KATHMANDU: Global IME Bank Limited has announced the launch of the “Global IME Udyamshala Program” with the aim of promoting entrepreneurship development in the country and strengthening small and medium enterprises (SMEs).
The announcement was made during a program organized on the occasion of World Micro, Small and Medium Enterprises Day 2026, where the bank also officially called for applications for its incubation program from entrepreneurs and individuals with innovative business ideas across the country.
The main objective of the Udyamshala Program is to inspire individuals with innovative ideas to become successful entrepreneurs, while also supporting existing micro, small, and medium enterprises to become sustainable and reputable businesses by providing essential theoretical and practical knowledge, skills, and mentorship.
The program was formally launched at an event held at the bank’s head office in Kamaladi, Kathmandu, where Chief Executive Officer Surendra Raj Regmi announced the opening of applications.
Speaking at the event, CEO Regmi said the initiative has been designed to address common challenges faced by SMEs. He added that participants will receive practical knowledge and problem-solving guidance through subject experts, experienced entrepreneurs, and professional trainers.
The Udyamshala Program will operate in two main formats: incubation and acceleration.
The incubation program is designed for individuals with innovative business ideas who are unsure how to begin their entrepreneurial journey. It will focus on capacity building, network expansion, and guided mentorship to help transform ideas into viable businesses.
Similarly, the acceleration program targets existing entrepreneurs who are facing challenges in scaling up or upgrading their businesses. This component will provide support in capacity enhancement, adoption of modern technology, marketing, and improved access to relevant stakeholders.
Through this initiative, the bank expects participants to gain in-depth practical knowledge on business registration, taxation and legal procedures, market research, production processes, financial management, and access to banking and financial institutions.
The inauguration ceremony was attended by the bank’s deputy chief executive officer, senior management officials, representatives of partner organizations, and journalists.
