Section 4
Developing The Ict Industry Sector
7.4.1 An ICT Enterprise Development Fund structured along the lines of venture capital fund will be created in conjunction with financial institutions and the private sector to support start-ups and innovative Nepalese ICT companies and entrepreneurs
7.4.2 Appropriate mechanism for Incubator projects targeting SMEs in the ICT sector will be developed and implemented. Along these lines, measures will be taken to provide seed capital for such projects
7.4.3 An open and transparent forum/environment for consultation/dialogue on matters of interest for policy makers, regulators, operators, consumers and other stakeholders in the ICT sector will be created in close coordination with the private sector
7.4.4 Special initiatives and measures will be implemented aimed at promoting local and Foreign Direct Investment (FDI) in ICTs including technology transfer programmes between local and foreign companies;
7.4.5 Special incentives to local ICT industry will be provided with a view to helping them develop into a globally competitive software industry based on proprietary, free and open source solutions to serve the domestic and export markets. Along these lines, specific measures will be taken to lower the barriers to entry of local IT firms and service providers in participating in government ICT projects funded through internal or international resources
7.4.6 A special IT-ITES/BPO business promotion cell will be created within the Ministry of Commerce and Supplies in alignment with Nepal Trade Integration Strategy (NTIS)
7.4.7 An enabling regulatory framework will be created addressing key issues of IPR, privacy and data protection.
7.4.8 A Software and Services Industry Promotion Board will be established through collaborative arrangements between the public and the private sector to promote ICT industry development and IT-ITES/BPO sector
7.4.9 A diagnostic study of current state of play of IT, IT enabled services/ BPO in Nepal will be carried out within the year 2016
7.4.10 Specific policy measures will be taken to attract investments in IT Park located at Banepa, Kavre.
7.4.2 Appropriate mechanism for Incubator projects targeting SMEs in the ICT sector will be developed and implemented. Along these lines, measures will be taken to provide seed capital for such projects
7.4.3 An open and transparent forum/environment for consultation/dialogue on matters of interest for policy makers, regulators, operators, consumers and other stakeholders in the ICT sector will be created in close coordination with the private sector
7.4.4 Special initiatives and measures will be implemented aimed at promoting local and Foreign Direct Investment (FDI) in ICTs including technology transfer programmes between local and foreign companies;
7.4.5 Special incentives to local ICT industry will be provided with a view to helping them develop into a globally competitive software industry based on proprietary, free and open source solutions to serve the domestic and export markets. Along these lines, specific measures will be taken to lower the barriers to entry of local IT firms and service providers in participating in government ICT projects funded through internal or international resources
7.4.6 A special IT-ITES/BPO business promotion cell will be created within the Ministry of Commerce and Supplies in alignment with Nepal Trade Integration Strategy (NTIS)
7.4.7 An enabling regulatory framework will be created addressing key issues of IPR, privacy and data protection.
7.4.8 A Software and Services Industry Promotion Board will be established through collaborative arrangements between the public and the private sector to promote ICT industry development and IT-ITES/BPO sector
7.4.9 A diagnostic study of current state of play of IT, IT enabled services/ BPO in Nepal will be carried out within the year 2016
7.4.10 Specific policy measures will be taken to attract investments in IT Park located at Banepa, Kavre.