The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), in partnership with Global Affairs Canada and the government of Nepal, on Monday held a national consultation in line with a new project to support the growth of women entrepreneurs as a strategy for poverty reduction, social well-being and sustainable economic growth.
The five-year project titled 'Catalyzing Women's Entrepreneurship: Creating a gender-responsive entrepreneurial ecosystem' aims to create an enabling policy and business environment that enhances women entrepreneurs' access to capital through innovative financing mechanisms as well as increase their use of ICT and digital solutions. The project is undertaken with the financial support of the Government of Canada provided through Global Affairs Canada.
"Developing women's entrepreneurship presents an invaluable tool for boosting Nepal's economy as well as empowering women. Yet women's entrepreneurship is hindered by lack of access to finance and ICT tools for business development. The case for investing in women's economic empowerment is compelling.-PR
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