In the changing global context of world economy and to enhance the economic status of Small and Medium Enterprises (SMEs) in Nepal in line with new concept of international business practices, FSME-Nepal was established. With a view to contributing towards building a new Nepal, it has, among other things, been essential to instill quality assurance and capital investment in order to support, organize and develop the small entrepreneurs spread all over the country. Based on this logic, a new concept of “One house One Enterprise'' has been initiated by this Federation and is in the process of implementation. Federation has wide network of entrepreneurs throughout the country as well as associated with women entrepreneurs in various districts.
One of the main objectives of FSME-Nepal is also to enhance economic development of prosperous Nepal by rapid growth of export trade by creating awareness and enhancing involvement of more people on the SME promotion.