Kathmandu. The Confederation of Banks and Financial Institutions (CBFIN) and Nepal Business Institute (NBI) are going to organize the Nepal Youth Entrepreneurship Summit 2083 focusing on the main topics of AI, youth entrepreneurship and employment.
A memorandum of understanding (MoU) was signed between CBFIN and NBI on Monday, October 23.
The theme of the conference is ‘NextGen Nepal: AI, Entrepreneurship and Future of Jobs’.
Rajesh Upadhyaya, Acting President of CBFIN, expressed his confidence that the conference would be a milestone to further expand and commercialize relationships between Nepal’s banking and financial sector and young entrepreneurs, focusing on financial access, financial inclusion, entrepreneurship, innovation and use of technology for job creation.
The collaboration between CBFIN and NBI will play an important role in promoting financial literacy, increasing the use of digital banking and inculcating the culture of responsible loan use among young entrepreneurs, and help reach the target audience with innovative financial products and increase the sound of secured credit in productive sectors.
Similarly, Executive Chairman of Nepal Business Institute, Bishal Gaire, stressed on the need to focus on production and employment of youths for the sustainable economic development of the country.
More than 400 industrialists and stakeholders from across the country are expected to be participating in the summit, which is expected to provide a clear direction for policy formulation and improve the investment climate for young entrepreneurs and the financial sector.
At a time when the external indicators of the country’s economy are strong and the low interest rate with sufficient liquidity, the conference is being organized at the initiative of CBFIN and NBI to guide the budding young entrepreneurs working in the field of entrepreneurship start-ups, new technology and innovation and will add a new dimension to the sustainable development of Nepal’s financial sector and promotion of youth entrepreneurship.
