Preparations for the fifth edition of the NewBiz Business Women Summit and Awards-2025, to be organized by New Business Age Private Limited, are in their final stages. Held annually since 2021, the event aims to recognize and encourage women who are actively contributing to entrepreneurship in Nepal.

This year’s program is scheduled to take place in Kathmandu on May 7. According to the organizers, most of the awardees have already been selected by an independent jury, and the final selections will be completed in the next few days. More than 2,000 women entrepreneurs from across the country were considered, and finalists were shortlisted through multiple stages based on specific evaluation criteria.

Prior to the awards ceremony, a panel discussion featuring industry experts will be held under the theme “Redefining Women’s Role in Business.” The discussion will highlight evolving perspectives and opportunities for women in the business sector.

Around 15 women entrepreneurs will be honored in six categories. One woman from each of Nepal’s seven provinces will be recognized as an Emerging Entrepreneurial Woman and awarded a cash prize of Rs 51,000 each. In addition to this category, other awards include Women in Tech, Professional Woman, Youth Woman Entrepreneur, Best Woman Entrepreneur, and the Lifetime Achievement Award. The Lifetime Achievement Award will be presented to a woman entrepreneur who has made a long-term contribution to the business sector.

Prabhu Bank is the main sponsor of this year’s event. Tata’s Curve EV is the ‘Driven By’ partner, while the life insurance partners include National Life Insurance, IME Life Insurance, and Life Insurance Corporation (Nepal) Limited.

The event is also supported by a range of organizations including Salt Trading Corporation, Citizens Life Insurance, Citizens Bank International, Muktinath Bikas Bank, Everest Bank, NLG Insurance, Nabil Bank, Rastriya Banijya Bank, Sitaram Gokul Milk, Krishi Bikas Bank, Reliable Life Insurance, City Express Money Transfer, and Sagarmatha Lumbini Insurance (Salico).