3. Funding
• "Funding" is the act of providing
financial resources, usually in the form
of money, or other values such as effort or
time, to finance a need, program, and project,
usually by an organization or government.
7. • Profile of business owner
• Brochure of Business
• Bank and Other References
• Proof of Company Ownership or
Registration
• Financial Situation
8. • Balance Sheet, Profit-and-Loss Account,
and Cash-Flow Statement
• Budget for the Current or Coming Year
• Commercial Information Details of Orders
Booked
• Business Plan
• Feasibility Study of business
9. List of funding agencies
• DIC- District Industries Centre
• PMEGP - Prime Minister Employment
Generation Scheme
• NEF- National Electricity Fund
• NBH - National Board of Horticulture
• MSFC - Maharashtra State Finance Corporation
• MPBCDC- Mahatma Phule Backward Class
development corporation
10. • LASDC- Lokshahir Annabhau Sathe Development
Corporation
• LIDCOM –Leather Industries Development Corporation
Maharashtra
• SIDBI- Small Industries Development Bank of India
• NABARD- National Bank for Agriculture and Rural
Development
• VNVJNTDC- Vasantrao Naik Vimukta Jatis and Nomadic
Tribes Development Corporation
• SGSY- Swaranjayanti Gram Swarojgar Yojana
• APEDA- Agricultural and Processed food product Export
Development Authority
13. Documentation required to get
funding
• Various documents need to submit to get
funding from respective funding agencies
• For an example document required for DIC
funding are shown in next slide
14. • Audited financial statement of company
• Term loan details
• Property statements of all directors /
partners/proprietor / guarantors
• Business plan
• Export details (if any)
• CMA (Certified Management Accountants) data
for the last three years, estimates for current
year and projection for the next year
15. Subsidy chart
Name of funding
agency
Loan limit Subsidy Rate of return of
loan
Repayment period of
loan
Training facility
SGSY 50000 10000 4% available
VNVJNTDC 50000 25000 available
NABARD 80% 12% 7 yr
SIDBI 50 Lac 4% available
LIDCOM 50000 50% available
LASDC 50000 50% available
MPBCDC 50000 50% 5 yr available
MSFC 200 CR
MM scheme 2 lac 30% 5-7 yr
NEF scheme 50 lac 30% 5-7 yr
PMEGP 10-25 lac 35% 5-7 yr
DIC 25 lac 75000 7% 5 yr
NBH 80% 50% 12% 7 yr
16. Case study
• Company name :-Arohi agrotech Pvt. Ltd.
• Owner:- Mr. Prasad S. Kulkarni
• Qualification:-MBA
• Products of company:- poly and green house
construction and consultancy
• Funding by :- NBH (national board of
horticulture)
• Funding amount :- 50 %
17. • The project cost for 10 thousand sq. ft. is
approx. 7.5 lakh.
• For that he get funding from NBH (national
board of horticulture) i.e. 50 % subsidy,
• And hence he has to only invest 50 % of 7.5
lakh i.e. 3.75 lakh in project .
• Profit from one project is 1.3 lakh rupees.
18. Conclusion :-
• From this self learning module it is clear that
in various areas of business funding is very
much important. Also learn the procedure to
get funding for business. This report will be
very helpful for entrepreneurs to get funds for
their business.