We are pleased to announce the official launch of the NIIC 2 Fund (Nepal Impact Investment Community 2 Fund), a groundbreaking initiative focused on propelling Nepal's digital economy. This innovative fund targets Tech and Tech-Enabled SMEs, offering a blend of debt, equity, technical assistance, and business development services.

What is the NIIC 2 Fund?

The NIIC 2 Fund is a comprehensive financial solution designed to address the unique challenges faced by high-potential digital economy companies in Nepal. By providing growth capital alongside non-financial business development services, the fund seeks to empower SMEs to achieve transformative growth. This initiative is a significant step forward in supporting the digital landscape of Nepal, leveraging strong infrastructure and a pool of skilled professionals.

Key Partnerships

Global IME Bank Limited has joined us as the first partner bank and has committed a portion of its recent borrowing from the Swiss Development Finance Institution, SIFEM, to on-lend to tech and tech-enabled SMEs under the NIIC 2 Fund. This partnership marks a critical milestone in our journey, enabling us to extend our reach and impact within the digital economy sector.

The NIIC 2 Fund is supported by the Swiss Agency for Development and Cooperation SDC and is implemented by One to Watch.

Looking Ahead

As we embark on this journey, we are more determined than ever to advance Nepal’s digital economy. The NIIC 2 Fund is poised to be a catalyst for change, creating opportunities for tech and tech-enabled SMEs to thrive.

Stay tuned for more updates and insights as we continue to drive progress and support Nepal’s digital future. For additional details, please visit our website: NIIC 2 Fund Website