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Manmohan Memorial Polytechnic is the first polytechnic of its kind established with the generous assistance of the Government of India as a result of an agreement among the Government of India, Government of Nepal and Manmohan Memorial Foundation that aims to cater employable skills to its students which is most essential for employability and further to help develop the nation. It is affiliated to Council for Technical Education and Vocational Training (CTEVT) the umbrella organization formulated for the development of TEVT in Nepal.
MMP is managed by a Board of Governors (BOG) that has a wide range of representation from Nepalese industries and industrial professionals, employing agencies, technical educators, engineering professionals, representatives of MMF, University, CTEVT, Ministry of Education, Engineering Association and MMP faculty. It is financed by the government of Nepal, MMF and the Polytechnic itself.