Government support to entrepreneurs
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This document discusses various organizations that provide entrepreneurship development programs (EDPs) and marketing development programs (MDPs) in India, including: - The National Institute for Entrepreneurship and Small Business Development (NIESBUD), which helps coordinate EDP activities and provides training programs. - Small Industries Service Institutes (SISIs), which provide training programs, workshops, apprenticeships, and advice to small businesses. - The Entrepreneurship Development Institute of India (EDI), which develops innovative training techniques and conducts EDP programs both in India and other countries. - The Development Commissioner (Handicrafts), which assists women entrepreneurs through programs focused on
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Dic
The District Industries Centre was established to promote small, village, and cottage industries at the district level. The key objectives are to accelerate industrialization, support rural industries, provide equal economic opportunities across regions, and help entrepreneurs access government schemes by streamlining procedures. DICs act as the main agency for industrial promotion, collecting industry data and statistics, providing entrepreneur guidance and training, and assisting entrepreneurs in obtaining necessary approvals and financing. They aim to promote industries under a single roof. Over 400 DICs have been established, supporting millions of jobs and businesses through credit provision and new unit establishment.
Government encouragement to entrepreneurship
The document summarizes various ways the Indian government encourages and supports entrepreneurship through several policies, schemes, and programs. It discusses how the government provides funds, incentives, and assistance to small and medium enterprises through organizations like the Ministry of MSME, NSIC, KVIC, and schemes that provide subsidies, training, marketing support, and help develop infrastructure and technology. The overall aim is to promote the growth of small businesses and entrepreneurs.
The 'District Industries Centre' (DICs)
The 'District Industries Centre' (DICs)
Bijapur The Joint Director, District Industries Centre Industrial Estate, Station Back Road, Shikhara Khana, Bijapur - 586 101.
08352 250976 257125 250607
jd-bijapur@karnatakaindustry.gov.in
Institutional support
There are two main types of institutions that provide support to small scale industries (SSI) in India - state level institutions and central government institutions. State level institutions include State Directorates of Industries, State Small Scale Industries Development Corporations, District Industries Centers, State Finance Corporations, and Technical Consultancy Organizations. Central government institutions that support SSI include the Department of Small Scale Industries, Small Scale Industries Board, Small Industries Development Organisation, National Small Industries Corporation, Industrial Credit and Investment Corporation of India, and Industrial Finance Corporation of India. These institutions provide various services like financing, training, marketing assistance, infrastructure development, and policy guidance to small businesses.
Financial support system
A financial system allows the exchange of funds between lenders, investors, and borrowers. It consists of complex, closely related services, markets, and institutions to efficiently link investors and depositors. There are various sources of funding for entrepreneurs and businesses according to the period of requirement (short, medium, or long term), purpose (fixed assets vs working capital), and nature (debt vs equity). Internal sources include retained profits and owner's savings, while external sources comprise loans, trade credit, venture capital, and financing from banks and financial institutions.
Entrepreneurship development in india
The document discusses entrepreneurship development in India. It covers various approaches to entrepreneurship development like human resource development and entrepreneurship development programs. It describes the objectives and need for entrepreneurship development programs. Some common misconceptions about such programs are also mentioned. Various methods, phases and aspects of structuring entrepreneurship development programs are outlined. Finally, the roles of different institutions in promoting entrepreneurship development in India like NIESBUD, SISI, SIDO, NSIC and EDII are briefly discussed.
Small industries services institutes
Small Industries Services Institutes (SISIs) were set up in each Indian state to provide consultancy and training to small and prospective entrepreneurs. There are 28 SISIs and 30 branch SISIs located in state capitals and other areas. SISIs assist in utilizing assets, promoting employment-oriented industries, and expanding marketing channels as small industries contribute 40% to total output and 35% to exports. SISIs provide assistance to existing and prospective entrepreneurs, conduct entrepreneurship and management training programs, perform industrial surveys, and assist with issues like pollution control and export promotion.
District Industries Centre
The District Industries Centre (DIC) program was started in 1978 by the central government to promote small, tiny, cottage and village industries in particular areas. DICs are funded equally by state and central governments. They operate under the Directorate of Industries and are headed by a General Manager. DICs provide various services to support small-scale industries, including registration, training, subsidies, project profiles, raw materials assistance, and marketing support. Their objectives are to accelerate industrialization, promote rural industries, attain economic equality, and help new entrepreneurs access government schemes.
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Dic
The District Industries Centre was established to promote small, village, and cottage industries at the district level. The key objectives are to accelerate industrialization, support rural industries, provide equal economic opportunities across regions, and help entrepreneurs access government schemes by streamlining procedures. DICs act as the main agency for industrial promotion, collecting industry data and statistics, providing entrepreneur guidance and training, and assisting entrepreneurs in obtaining necessary approvals and financing. They aim to promote industries under a single roof. Over 400 DICs have been established, supporting millions of jobs and businesses through credit provision and new unit establishment.
Government encouragement to entrepreneurship
The document summarizes various ways the Indian government encourages and supports entrepreneurship through several policies, schemes, and programs. It discusses how the government provides funds, incentives, and assistance to small and medium enterprises through organizations like the Ministry of MSME, NSIC, KVIC, and schemes that provide subsidies, training, marketing support, and help develop infrastructure and technology. The overall aim is to promote the growth of small businesses and entrepreneurs.
The 'District Industries Centre' (DICs)
The 'District Industries Centre' (DICs)
Bijapur The Joint Director, District Industries Centre Industrial Estate, Station Back Road, Shikhara Khana, Bijapur - 586 101.
08352 250976 257125 250607
jd-bijapur@karnatakaindustry.gov.in
Institutional support
There are two main types of institutions that provide support to small scale industries (SSI) in India - state level institutions and central government institutions. State level institutions include State Directorates of Industries, State Small Scale Industries Development Corporations, District Industries Centers, State Finance Corporations, and Technical Consultancy Organizations. Central government institutions that support SSI include the Department of Small Scale Industries, Small Scale Industries Board, Small Industries Development Organisation, National Small Industries Corporation, Industrial Credit and Investment Corporation of India, and Industrial Finance Corporation of India. These institutions provide various services like financing, training, marketing assistance, infrastructure development, and policy guidance to small businesses.
Financial support system
A financial system allows the exchange of funds between lenders, investors, and borrowers. It consists of complex, closely related services, markets, and institutions to efficiently link investors and depositors. There are various sources of funding for entrepreneurs and businesses according to the period of requirement (short, medium, or long term), purpose (fixed assets vs working capital), and nature (debt vs equity). Internal sources include retained profits and owner's savings, while external sources comprise loans, trade credit, venture capital, and financing from banks and financial institutions.
Entrepreneurship development in india
The document discusses entrepreneurship development in India. It covers various approaches to entrepreneurship development like human resource development and entrepreneurship development programs. It describes the objectives and need for entrepreneurship development programs. Some common misconceptions about such programs are also mentioned. Various methods, phases and aspects of structuring entrepreneurship development programs are outlined. Finally, the roles of different institutions in promoting entrepreneurship development in India like NIESBUD, SISI, SIDO, NSIC and EDII are briefly discussed.
Small industries services institutes
Small Industries Services Institutes (SISIs) were set up in each Indian state to provide consultancy and training to small and prospective entrepreneurs. There are 28 SISIs and 30 branch SISIs located in state capitals and other areas. SISIs assist in utilizing assets, promoting employment-oriented industries, and expanding marketing channels as small industries contribute 40% to total output and 35% to exports. SISIs provide assistance to existing and prospective entrepreneurs, conduct entrepreneurship and management training programs, perform industrial surveys, and assist with issues like pollution control and export promotion.
District Industries Centre
The District Industries Centre (DIC) program was started in 1978 by the central government to promote small, tiny, cottage and village industries in particular areas. DICs are funded equally by state and central governments. They operate under the Directorate of Industries and are headed by a General Manager. DICs provide various services to support small-scale industries, including registration, training, subsidies, project profiles, raw materials assistance, and marketing support. Their objectives are to accelerate industrialization, promote rural industries, attain economic equality, and help new entrepreneurs access government schemes.
government institutions for entrepreneurship development
The document discusses various government institutions and programs that provide support for entrepreneurship development in India. It outlines several organizations that provide training, consultation, and resources for entrepreneurs, including Small Industries Service Institutes, Entrepreneurship Development Institute of India, and National Institute for Entrepreneurship and Small Business Development. It also describes programs like the Prime Minister's Employment Generation Programme and policies from the Micro, Small and Medium Enterprises Development Act that provide subsidies, incentives, and categorize enterprise size based on investment levels.
Niesbud ppt
The National Institute for Entrepreneurship and Small Business Development (NIESBUD) was established in 1983 by the Ministry of Industry, Government of India. NIESBUD coordinates various institutions involved in entrepreneurship development, especially small industries. It provides vital support to trainers, promoters, and entrepreneurs through research, documentation, consultancy services nationally and internationally. NIESBUD's mission is to promote, support and sustain entrepreneurship and small businesses through training, education, research, consultancy and other interventions worldwide.
SIDBI
• The 'District Industries Centre' (DICs) programme was started by the central government in 1978 with the objective of providing a focal point for promoting small, tiny, cottage and village industries in a particular area and to make available to them all necessary services and facilities at one place.
• The District Industries Centre is the institution at the District level, which provides all the services and support facilities to the entrepreneur for setting up Micro, Small and Medium Enterprises. This included identification of suitable schemes, preparation of feasibility reports, arrangements for credit facilities, machinery and equipments, provision of raw materials and development of industrial clusters etc.
• Established in 1940
• Vision is to be primary driving force of commercially sustainable industrial development .
• Industrial development Corporations are companies or agencies in India which were established at various times under the policy of Government of India for the promotion of small - scale industries.
• A Central Industrial Finance corporation was set up under the industrial Finance corporations Act, 1948 in order to provide medium and long term credit to industrial undertakings which fall outside normal activities of commercial banks.
• The State governments expressed their desire that similar corporations be set up in states to supplement the work of the Industrial financial corporation. State governments also expressed that the State corporations be established under a special statue in order to make it possible to incorporate in the constitutions necessary provisions in regard to majority control by the government, guaranteed by the State government in regard to the payment principal. In order to implement the views Expressed by the State governments the State Financial Corporation bill was introduced in the Parliament.
• Small Industries Development Bank of India (SIDBI), set up on April 2, 1990 under an Act of Indian Parliament, is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.
• It was incorporated initially as a wholly owned subsidiary of Industrial Development Bank of India.
• The purpose is to provide refinance facilities and short term lending to industries. Its headquarters is in Lucknow.
• Former Deputy Managing Director is Shri N.K. Maini. Dr. Kshatrapati Shivaji is the new Chairman and Managing Director of the organisation.
Entrepreneurship: sources of finance
This document discusses various sources of finance for businesses, including equity shares, preference shares, debentures, bank loans, venture capital, loans from financial institutions, bridge financing, and international funds. It categorizes the sources as long-term versus short-term and ownership versus borrowed capital. For each source, it provides a brief explanation of what it is and how it can provide capital to businesses.
National small industries corporation (NSIC)
The National Small Industries Corporation Ltd. (NSIC) was established in 1955 to aid and foster the growth of small and medium enterprises in India. It provides various support services to small businesses, including marketing support through exhibitions, buyer-seller meets, and export assistance. It also offers credit support through equipment financing, tie-ups with banks, and financing for procurement of raw materials and marketing activities. Additionally, NSIC provides technology support such as product design, testing facilities, and training as well as operating business incubators to help entrepreneurs start small businesses.
Institutional support to small and medium enterprises
Institutional support is necessary at three stages of small and medium enterprise development: inception, day-to-day management, and expansion. This support comes from central and state government institutions as well as non-government organizations. Central government institutions that provide support include the Small Scale Industries Board, National Bank for Agriculture and Rural Development, Small Industries Development Organisation, and National Small Industries Corporation. At the state level, support is provided by organizations like State Financial Corporations, State Small Industries Development Corporations, and Technical Consultancy Organisations. Non-government support includes the Indian Council of Small Industries and Laghu Udyog Bharti.
Sources Of Finance for entrepreneur
The document discusses various development banks and financial institutions in India that provide assistance to different sectors. It summarizes the objectives and functions of key institutions like IDBI, ICICI, SIDBI, IFCI, IIBI, EXIM Bank, NABARD, SFCs and SIDCs. IDBI provides long term financing to industries while SIDBI focuses on small and medium enterprises. EXIM Bank finances exports and imports. NABARD works on uplifting rural India. SFCs and SIDCs cater to state-level industrial development.
DICs
• The 'District Industries Centre' (DICs) programme was started by the central government in 1978 with the objective of providing a focal point for promoting small, tiny, cottage and village industries in a particular area and to make available to them all necessary services and facilities at one place.
• The District Industries Centre is the institution at the District level, which provides all the services and support facilities to the entrepreneur for setting up Micro, Small and Medium Enterprises. This included identification of suitable schemes, preparation of feasibility reports, arrangements for credit facilities, machinery and equipments, provision of raw materials and development of industrial clusters etc.
• Established in 1940
• Vision is to be primary driving force of commercially sustainable industrial development .
• Industrial development Corporations are companies or agencies in India which were established at various times under the policy of Government of India for the promotion of small - scale industries.
• A Central Industrial Finance corporation was set up under the industrial Finance corporations Act, 1948 in order to provide medium and long term credit to industrial undertakings which fall outside normal activities of commercial banks.
• The State governments expressed their desire that similar corporations be set up in states to supplement the work of the Industrial financial corporation. State governments also expressed that the State corporations be established under a special statue in order to make it possible to incorporate in the constitutions necessary provisions in regard to majority control by the government, guaranteed by the State government in regard to the payment principal. In order to implement the views Expressed by the State governments the State Financial Corporation bill was introduced in the Parliament.
• Small Industries Development Bank of India (SIDBI), set up on April 2, 1990 under an Act of Indian Parliament, is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.
• It was incorporated initially as a wholly owned subsidiary of Industrial Development Bank of India.
• The purpose is to provide refinance facilities and short term lending to industries. Its headquarters is in Lucknow.
• Former Deputy Managing Director is Shri N.K. Maini. Dr. Kshatrapati Shivaji is the new Chairman and Managing Director of the organisation.
Profile of SIDO, SISI, NISC; Entrepreneurship and msme
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Schemes offered by commercial banks
This document lists various entrepreneurship support programs offered by major commercial banks in India, including the Small Industries Development Bank of India (SIDBI), Housing Development Finance Corporation (HDFC), Industrial Credit and Investment Corporation of India (ICICI), Industrial Development Bank of India (IDBI), Allahabad Bank, and State Bank of India. It provides brief descriptions of financing schemes, loans, and other initiatives supported by each bank to promote small and medium enterprises.
Seting up an enterprises
The document outlines the key steps involved in setting up an enterprise:
1) Selecting a viable project by choosing a product/service and determining production process, location, and partners;
2) Selecting appropriate technology and machinery for manufacturing;
3) Arranging necessary financing from banks, funding agencies, or other sources;
4) Obtaining required approvals, clearances, and quality certifications from regulatory bodies.
The entrepreneur must develop a business plan, identify resources, and implement and manage the enterprise operations. Setting up a new business involves studying opportunities, planning, securing resources, and fulfilling legal requirements.
Critical Evaluation of EDPs in India
The document discusses entrepreneurial development programs (EDPs) in India. It outlines several organizations that conduct EDPs, including NIESBUD, EDII, IIE, NEDB, SIDBI, and NSDF. It then evaluates EDPs, finding they are insufficient, uneven, and not widespread enough. Suggestions are made to make EDPs more effective, such as streamlining structure, ensuring practical content, providing post-program support, and selecting entrepreneurs with experience and skills. The conclusion is that EDPs are needed but must motivate first-generation entrepreneurs through improved design.
Entrepreneurship and project management
The document discusses the roles of various financial institutions in promoting entrepreneurship in India. It describes the National Institute for Entrepreneurship and Small Business Development (NIESBUD) which aims to support entrepreneurship through training programs and materials. It also outlines the roles of the Small Industries Service Institute (SISI) and District Industries Centre (DIC) in providing technical support, information and incentives to entrepreneurs.
National small industries corporation ltd. (nsic)
The document summarizes the services provided by the National Small Industries Corporation (NSIC) to support small and medium enterprises in India. NSIC provides integrated support services including marketing support, technology support, credit support, and other services. It operates through various zonal offices, branch offices, sub-offices, and technical centers to deliver schemes focused on enhancing competitiveness through finance, marketing, and technology assistance.
Entrepreneurship development programmes
As the term itself denotes, EDP is a programme meant to develop entrepreneurial abilities among the people. In other words, it refers to inculcation, development, and polishing of entrepreneurial skills into a person needed to establish and successfully run his / her enterprise. Thus, the concept of entrepreneurship development programme involves equipping a person with the required skills and knowledge needed for starting and running the enterprise.
Entrpreneurial development programme
The document outlines an entrepreneurial development programme (EDP). It defines an EDP as a programme aimed at developing entrepreneurial abilities and skills needed to establish and successfully run an enterprise. The document discusses the needs and objectives of an EDP, which include superior entrepreneur performance, motivating prospective entrepreneurs, and developing entrepreneurial qualities and managerial skills. It also describes the phases of an EDP as pre-training, training, and post-training follow up phases. The training phase aims to bring behavioral changes in trainees, while the post-training phase involves program evaluation.
RURAL ENTREPRENEURSHIP.pptx
Rural entrepreneurship refers to entrepreneurial activities that take place in rural areas. It can play an important role in rural economic development by generating employment and incomes. However, rural entrepreneurs face several challenges including lack of access to finance, limited local markets, poor infrastructure, lack of skills and training, and difficulties with marketing and management. Government policies aim to promote rural entrepreneurship through schemes that provide subsidies, training and support for activities like agriculture, dairy, handicrafts and other small industries. Developing rural entrepreneurship can help decentralize industries, reduce poverty and unemployment, and encourage balanced regional growth.
Role of Government and Government Policies in Entrepreneurial Development
Role of Government and Government Policies in Entrepreneurial DevelopmentMONIRBA, University of Allahabad
This presentation discusses the role of government, government policies and their effects on entrepreneurial development in India.TYPES OF ENTREPRENEURES
There are many ways to classify entrepreneurs based on the type of business, stage of development, motivation, technology used, capital ownership, gender, age, area, and scale. Entrepreneurs can be business owners, traders, corporate managers, farmers, first or second generation business owners, purely profit-motivated or induced by incentives, technical or non-technical focused, private or state funded, operating at large, medium, small, or tiny scales, or focusing on spiritual, social, or educational missions. An entrepreneur organizes resources to establish and profitably operate a business venture, driving economic development through industrial growth.
Industrial marketing and intelligence
This document discusses the importance of industrial marketing research and intelligence. It outlines several reasons to conduct research, including that the external environment is dynamic and knowledge becomes outdated. It also discusses limitations of research like constraints of time and money. The document then covers different types of marketing research tasks, key concerns about reliability and validity, types of data, sampling issues, designing questionnaires, and analyzing and interpreting data. It compares business to business versus business to consumer research and discusses the importance of marketing intelligence and intelligence systems.
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government institutions for entrepreneurship development
The document discusses various government institutions and programs that provide support for entrepreneurship development in India. It outlines several organizations that provide training, consultation, and resources for entrepreneurs, including Small Industries Service Institutes, Entrepreneurship Development Institute of India, and National Institute for Entrepreneurship and Small Business Development. It also describes programs like the Prime Minister's Employment Generation Programme and policies from the Micro, Small and Medium Enterprises Development Act that provide subsidies, incentives, and categorize enterprise size based on investment levels.
Niesbud ppt
The National Institute for Entrepreneurship and Small Business Development (NIESBUD) was established in 1983 by the Ministry of Industry, Government of India. NIESBUD coordinates various institutions involved in entrepreneurship development, especially small industries. It provides vital support to trainers, promoters, and entrepreneurs through research, documentation, consultancy services nationally and internationally. NIESBUD's mission is to promote, support and sustain entrepreneurship and small businesses through training, education, research, consultancy and other interventions worldwide.
SIDBI
• The 'District Industries Centre' (DICs) programme was started by the central government in 1978 with the objective of providing a focal point for promoting small, tiny, cottage and village industries in a particular area and to make available to them all necessary services and facilities at one place.
• The District Industries Centre is the institution at the District level, which provides all the services and support facilities to the entrepreneur for setting up Micro, Small and Medium Enterprises. This included identification of suitable schemes, preparation of feasibility reports, arrangements for credit facilities, machinery and equipments, provision of raw materials and development of industrial clusters etc.
• Established in 1940
• Vision is to be primary driving force of commercially sustainable industrial development .
• Industrial development Corporations are companies or agencies in India which were established at various times under the policy of Government of India for the promotion of small - scale industries.
• A Central Industrial Finance corporation was set up under the industrial Finance corporations Act, 1948 in order to provide medium and long term credit to industrial undertakings which fall outside normal activities of commercial banks.
• The State governments expressed their desire that similar corporations be set up in states to supplement the work of the Industrial financial corporation. State governments also expressed that the State corporations be established under a special statue in order to make it possible to incorporate in the constitutions necessary provisions in regard to majority control by the government, guaranteed by the State government in regard to the payment principal. In order to implement the views Expressed by the State governments the State Financial Corporation bill was introduced in the Parliament.
• Small Industries Development Bank of India (SIDBI), set up on April 2, 1990 under an Act of Indian Parliament, is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.
• It was incorporated initially as a wholly owned subsidiary of Industrial Development Bank of India.
• The purpose is to provide refinance facilities and short term lending to industries. Its headquarters is in Lucknow.
• Former Deputy Managing Director is Shri N.K. Maini. Dr. Kshatrapati Shivaji is the new Chairman and Managing Director of the organisation.
Entrepreneurship: sources of finance
This document discusses various sources of finance for businesses, including equity shares, preference shares, debentures, bank loans, venture capital, loans from financial institutions, bridge financing, and international funds. It categorizes the sources as long-term versus short-term and ownership versus borrowed capital. For each source, it provides a brief explanation of what it is and how it can provide capital to businesses.
National small industries corporation (NSIC)
The National Small Industries Corporation Ltd. (NSIC) was established in 1955 to aid and foster the growth of small and medium enterprises in India. It provides various support services to small businesses, including marketing support through exhibitions, buyer-seller meets, and export assistance. It also offers credit support through equipment financing, tie-ups with banks, and financing for procurement of raw materials and marketing activities. Additionally, NSIC provides technology support such as product design, testing facilities, and training as well as operating business incubators to help entrepreneurs start small businesses.
Institutional support to small and medium enterprises
Institutional support is necessary at three stages of small and medium enterprise development: inception, day-to-day management, and expansion. This support comes from central and state government institutions as well as non-government organizations. Central government institutions that provide support include the Small Scale Industries Board, National Bank for Agriculture and Rural Development, Small Industries Development Organisation, and National Small Industries Corporation. At the state level, support is provided by organizations like State Financial Corporations, State Small Industries Development Corporations, and Technical Consultancy Organisations. Non-government support includes the Indian Council of Small Industries and Laghu Udyog Bharti.
Sources Of Finance for entrepreneur
The document discusses various development banks and financial institutions in India that provide assistance to different sectors. It summarizes the objectives and functions of key institutions like IDBI, ICICI, SIDBI, IFCI, IIBI, EXIM Bank, NABARD, SFCs and SIDCs. IDBI provides long term financing to industries while SIDBI focuses on small and medium enterprises. EXIM Bank finances exports and imports. NABARD works on uplifting rural India. SFCs and SIDCs cater to state-level industrial development.
DICs
• The 'District Industries Centre' (DICs) programme was started by the central government in 1978 with the objective of providing a focal point for promoting small, tiny, cottage and village industries in a particular area and to make available to them all necessary services and facilities at one place.
• The District Industries Centre is the institution at the District level, which provides all the services and support facilities to the entrepreneur for setting up Micro, Small and Medium Enterprises. This included identification of suitable schemes, preparation of feasibility reports, arrangements for credit facilities, machinery and equipments, provision of raw materials and development of industrial clusters etc.
• Established in 1940
• Vision is to be primary driving force of commercially sustainable industrial development .
• Industrial development Corporations are companies or agencies in India which were established at various times under the policy of Government of India for the promotion of small - scale industries.
• A Central Industrial Finance corporation was set up under the industrial Finance corporations Act, 1948 in order to provide medium and long term credit to industrial undertakings which fall outside normal activities of commercial banks.
• The State governments expressed their desire that similar corporations be set up in states to supplement the work of the Industrial financial corporation. State governments also expressed that the State corporations be established under a special statue in order to make it possible to incorporate in the constitutions necessary provisions in regard to majority control by the government, guaranteed by the State government in regard to the payment principal. In order to implement the views Expressed by the State governments the State Financial Corporation bill was introduced in the Parliament.
• Small Industries Development Bank of India (SIDBI), set up on April 2, 1990 under an Act of Indian Parliament, is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.
• It was incorporated initially as a wholly owned subsidiary of Industrial Development Bank of India.
• The purpose is to provide refinance facilities and short term lending to industries. Its headquarters is in Lucknow.
• Former Deputy Managing Director is Shri N.K. Maini. Dr. Kshatrapati Shivaji is the new Chairman and Managing Director of the organisation.
Profile of SIDO, SISI, NISC; Entrepreneurship and msme
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Schemes offered by commercial banks
This document lists various entrepreneurship support programs offered by major commercial banks in India, including the Small Industries Development Bank of India (SIDBI), Housing Development Finance Corporation (HDFC), Industrial Credit and Investment Corporation of India (ICICI), Industrial Development Bank of India (IDBI), Allahabad Bank, and State Bank of India. It provides brief descriptions of financing schemes, loans, and other initiatives supported by each bank to promote small and medium enterprises.
Seting up an enterprises
The document outlines the key steps involved in setting up an enterprise:
1) Selecting a viable project by choosing a product/service and determining production process, location, and partners;
2) Selecting appropriate technology and machinery for manufacturing;
3) Arranging necessary financing from banks, funding agencies, or other sources;
4) Obtaining required approvals, clearances, and quality certifications from regulatory bodies.
The entrepreneur must develop a business plan, identify resources, and implement and manage the enterprise operations. Setting up a new business involves studying opportunities, planning, securing resources, and fulfilling legal requirements.
Critical Evaluation of EDPs in India
The document discusses entrepreneurial development programs (EDPs) in India. It outlines several organizations that conduct EDPs, including NIESBUD, EDII, IIE, NEDB, SIDBI, and NSDF. It then evaluates EDPs, finding they are insufficient, uneven, and not widespread enough. Suggestions are made to make EDPs more effective, such as streamlining structure, ensuring practical content, providing post-program support, and selecting entrepreneurs with experience and skills. The conclusion is that EDPs are needed but must motivate first-generation entrepreneurs through improved design.
Entrepreneurship and project management
The document discusses the roles of various financial institutions in promoting entrepreneurship in India. It describes the National Institute for Entrepreneurship and Small Business Development (NIESBUD) which aims to support entrepreneurship through training programs and materials. It also outlines the roles of the Small Industries Service Institute (SISI) and District Industries Centre (DIC) in providing technical support, information and incentives to entrepreneurs.
National small industries corporation ltd. (nsic)
The document summarizes the services provided by the National Small Industries Corporation (NSIC) to support small and medium enterprises in India. NSIC provides integrated support services including marketing support, technology support, credit support, and other services. It operates through various zonal offices, branch offices, sub-offices, and technical centers to deliver schemes focused on enhancing competitiveness through finance, marketing, and technology assistance.
Entrepreneurship development programmes
As the term itself denotes, EDP is a programme meant to develop entrepreneurial abilities among the people. In other words, it refers to inculcation, development, and polishing of entrepreneurial skills into a person needed to establish and successfully run his / her enterprise. Thus, the concept of entrepreneurship development programme involves equipping a person with the required skills and knowledge needed for starting and running the enterprise.
Entrpreneurial development programme
The document outlines an entrepreneurial development programme (EDP). It defines an EDP as a programme aimed at developing entrepreneurial abilities and skills needed to establish and successfully run an enterprise. The document discusses the needs and objectives of an EDP, which include superior entrepreneur performance, motivating prospective entrepreneurs, and developing entrepreneurial qualities and managerial skills. It also describes the phases of an EDP as pre-training, training, and post-training follow up phases. The training phase aims to bring behavioral changes in trainees, while the post-training phase involves program evaluation.
RURAL ENTREPRENEURSHIP.pptx
Rural entrepreneurship refers to entrepreneurial activities that take place in rural areas. It can play an important role in rural economic development by generating employment and incomes. However, rural entrepreneurs face several challenges including lack of access to finance, limited local markets, poor infrastructure, lack of skills and training, and difficulties with marketing and management. Government policies aim to promote rural entrepreneurship through schemes that provide subsidies, training and support for activities like agriculture, dairy, handicrafts and other small industries. Developing rural entrepreneurship can help decentralize industries, reduce poverty and unemployment, and encourage balanced regional growth.
Role of Government and Government Policies in Entrepreneurial Development
Role of Government and Government Policies in Entrepreneurial DevelopmentMONIRBA, University of Allahabad
This presentation discusses the role of government, government policies and their effects on entrepreneurial development in India.TYPES OF ENTREPRENEURES
There are many ways to classify entrepreneurs based on the type of business, stage of development, motivation, technology used, capital ownership, gender, age, area, and scale. Entrepreneurs can be business owners, traders, corporate managers, farmers, first or second generation business owners, purely profit-motivated or induced by incentives, technical or non-technical focused, private or state funded, operating at large, medium, small, or tiny scales, or focusing on spiritual, social, or educational missions. An entrepreneur organizes resources to establish and profitably operate a business venture, driving economic development through industrial growth.
What's hot (20)
government institutions for entrepreneurship development
government institutions for entrepreneurship development
Institutional support to small and medium enterprises
Institutional support to small and medium enterprises
Profile of SIDO, SISI, NISC; Entrepreneurship and msme
Profile of SIDO, SISI, NISC; Entrepreneurship and msme
Role of Government and Government Policies in Entrepreneurial Development
Role of Government and Government Policies in Entrepreneurial Development
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This document discusses the importance of industrial marketing research and intelligence. It outlines several reasons to conduct research, including that the external environment is dynamic and knowledge becomes outdated. It also discusses limitations of research like constraints of time and money. The document then covers different types of marketing research tasks, key concerns about reliability and validity, types of data, sampling issues, designing questionnaires, and analyzing and interpreting data. It compares business to business versus business to consumer research and discusses the importance of marketing intelligence and intelligence systems.
Buyer supplier relationship
The document discusses key aspects of successful supply chain relationships such as trust, quality, commitment, and innovation. It provides examples of different types of relationships between Toyota, GM, Microsoft, and other companies and their suppliers. Effective relationships are characterized by collaboration, information sharing, and interdependence between partners. Outsourcing is increasing in manufacturing and services due to pressures to reduce costs and optimize operations in the supply chain.
Industrial Marketing Research, Marketing Intelligence & Decision Support System
The document summarizes key aspects of industrial marketing research including:
1) It relies more on secondary data, exploratory research, and expert opinion compared to consumer marketing research which focuses more on primary data collection.
2) The scope includes market potential development, market share analysis, sales analysis, forecasting, competitor analysis, and benchmarking.
3) The marketing research process involves identifying the problem, developing a research design, collecting and analyzing data, and presenting findings.
Buyer supplier relationship
The document discusses various types of buyer-supplier relationships including transactional relationships, value-added exchanges, and collaborative/partnering relationships. It compares and contrasts transactional relationships with partnerships. Strategic alliances are defined as relationships based on mutual trust and open communication to reduce costs and improve quality. Supplier development aims to increase supplier efficiency through assistance. Effective buyer-supplier relationships require communication, trust, and a team approach. Relationship management also depends on internal team dynamics and understanding each party's goals.
Business marketing
Business marketing involves marketing products and services to business organizations rather than individual consumers. It is also known as industrial marketing, B2B marketing, or organizational marketing. Business organizations purchase products and services to produce other goods and services, make profits, reduce costs, and other objectives. The purchasing process in business organizations involves recognizing needs, developing specifications, searching for and qualifying suppliers, evaluating proposals, and selecting suppliers.
Marketing research
Marketing research is the systematic process of designing, collecting, analyzing, and reporting information to solve specific marketing problems. This group will conduct marketing research to help a company make effective decisions. They will systematically collect and analyze objective information, then make recommendations based on their findings. The research will help managers by providing helpful insights into customer needs, reducing risks, and forecasting trends.
Marketing research ppt
Marketing research involves collecting, organizing, analyzing, and communicating information to make informed marketing decisions. It helps complement marketing strategies by enabling educated decisions on target markets, branding, and products/services. Key steps include defining problems, collecting primary and secondary data, analyzing and interpreting data, reaching conclusions, and implementing findings. Online research assists with various phases using computer networks and the Internet. Market research agencies in India provide specialized services across industries.
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Industrial Marketing Research, Marketing Intelligence & Decision Support System
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Similar to Government support to entrepreneurs
Institutional Support to Entrepreneurship
Entreprenuership Development Plan, Institutional Support System, National Institute for Entrepreneurship and Small Business Development, STEPs stands for Science and Technology Entrepreneurs Park, National Alliance for Young Entrepreneurs (NAYE), Technical Consultancy Organizations (TCOs), National Small Industries Corporation, Industrial Development Bank of India (IDBI), IFCI (Industrial Finance Corporation of India), ICICI (Industrial Credit and Investment Corporation of India) , RUDSETI (Rural Development and Self Employment Training Institute), Rural Development and Human Development Training Programs, Technology Transfer Programs
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This document discusses training and entrepreneurship development programs in India. It outlines the importance of training for entrepreneurs, common training methods, and the need for and phases of entrepreneurship development programs. It also describes how entrepreneurs are selected for these programs and typical course contents. Finally, it provides details on some of the major organizations in India that provide entrepreneurship development programs, including their specific training activities.
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This document discusses entrepreneurship development programmes (EDPs) in India. It outlines the importance of training for entrepreneurs and various training methods used in EDPs. EDPs are designed to encourage self-employment by providing training and motivation to potential and existing entrepreneurs. The phases of a typical EDP include selecting areas for focus, conducting feasibility studies, identifying and training entrepreneurs, and providing follow-up support. Several government organizations provide EDPs in India, including the Entrepreneurship Development Institute of India, National Institute for Entrepreneurship and Small Business Development, Small Industries Service Institutes, and the National Small Industries Corporation.
Edp in india
This document discusses entrepreneurship development programs (EDPs) in India. It outlines the importance of training for entrepreneurs and common training methods used, including individual instruction, group instruction, and lectures. It describes the need for and phases of EDPs, including selecting areas, conducting feasibility studies, identifying and training entrepreneurs, and providing follow-up support. Key organizations that provide EDPs in India are also outlined, such as the Entrepreneurship Development Institute of India, National Institute for Entrepreneurship and Small Business Development, and Small Industries Service Institutes.
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This document discusses training and entrepreneurship development programs in India. It outlines the importance of training for skills development and quality improvement. It describes various training methods like individual instruction and lectures. It explains the need for Entrepreneurship Development Programs (EDPs) to encourage self-employment and address unemployment. EDPs involve selecting entrepreneurs, providing training, and offering follow-up support. Major organizations that offer EDPs in India include NIESBUD, SISI, SIDO, NSIC, EDII, and NAYE.
Edpinindia 131122132200-phpapp02
This document discusses entrepreneurship development programs (EDP) in India. It outlines the importance of training for entrepreneurs and various training methods used in EDPs. EDPs aim to encourage self-employment by providing training and motivation to potential and existing entrepreneurs. The document describes the phases of EDPs, selection of entrepreneurs, typical training course content, prerequisites, and organizations that provide EDP training in India such as the Entrepreneurship Development Institute of India, National Institute for Entrepreneurship and Small Business Development, and Small Industries Service Institutes.
CV_BN_ Oct 2016
The document provides an educational and professional background summary for Berhanu Negash. It includes that he has a Master's degree in Economics from Nagpur University in India, with a focus on international and development economics. He also has a Bachelor's degree from the same university. Currently he is heading the Bioenergy Section at GIZ Energising Development Ethiopia, where he has over 15 years of experience in areas such as renewable energy market development, microfinance, and project implementation. He is advocating for sustainable development and poverty reduction programs.
1 institutional support for entrp development
The document discusses various institutional efforts and the role of the government in promoting entrepreneurship in India. It outlines several agencies and organizations established at national and state levels to provide financial, technical, and training support to potential entrepreneurs. The key organizations mentioned are the National Institute for Entrepreneurship and Small Business Development, Entrepreneurship Development Institute of India, technical consultancy organizations, and the Indian Investment Centre. The overall aim is to encourage entrepreneurial activities, especially in industrially backward and rural areas.
module2-entrepreneurshipdevelopmentinindia-170724154455.pdf
This document discusses entrepreneurship development in India. It outlines various approaches to entrepreneurship development including human resource development, entrepreneurship development programs, and need-based entrepreneurship. It describes the objectives and importance of entrepreneurship development programs and training. It discusses various institutions that support entrepreneurship development in India such as NIESBUD, SISI, SIDO, NSIC, EDII, NAYE, and STEP. The document also outlines the objectives and activities of centers for entrepreneurship development.
Edp in india
Entreprenurshio development programme in india ..
Entreprenurshio development programme in india ..
Entreprenurshio development programme in india ..
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The ‘District Industries Centre’ (DICs) programme was started by the central government in 1978 with the objective of providing a focal point for promoting small, tiny, cottage and village industries in a particular area and to make available to them all necessary services and facilities at one place. The finances for setting up DICs in a state are contributed equally by the particular State Government and the Central Government.
To facilitate the process of small enterprise development, DICs have been entrusted with most of the administrative and financial powers. For purpose of allotment of land, work sheds, raw materials etc., DICs functions under the ‘Directorate of Industries’. Each DIC is headed by a General Manager who is assisted by four functional managers and three project managers to look after the following activities :
The important objectives of DICs are as follow :
i. Accelerate the overall efforts for industrialisation of the district.
ii. Rural industrialisation and development of rural industries and handicrafts.
iii. Attainment of economic equality in various regions of the district.
iv. Providing the benefit of the government schemes to the new entrepreneurs.
v. Centralisation of procedures required to start a new industrial unit and minimisation- of the efforts and time required to obtain various permissions, licenses, registrations, subsidies etc.
CEDOK Established in 1992 is a Government of Karnataka Organisation promoted by the Department of Industries and Commerce with the support of State level industrial developmental agencies such as :
Karnataka State Small Industries Development Corporation (KSSIDC),
Karnataka State Financial Corporation (KSFC),
Karnataka State Industrial Investment Development Corporation (KSIIDC),
Karnataka Industrial Area Development Board (KIADB),
and national level financial institutions such as
Industrial Development Bank of India (IDBI),
Industrial Finance Corporation of India (IFCI),
Industrial Credit and Investment Corporation of India (ICICI) and
Government of India through Development Commissioner (SSI), New Delhi
with a objective to contribute to the development and dispersal of entrepreneurship by undertaking various entrepreneurship development and skill development / upgradation training programmes thus expand the social and economical base of entrepreneurial class
Edpinindia
This document discusses entrepreneurship development programmes (EDPs) in India. It begins by defining entrepreneurs and entrepreneurship. It then discusses the importance of training for entrepreneurs and various training methods. It describes the need for and phases of EDPs, including selection of entrepreneurs, training course content, and prerequisites. Finally, it outlines several organizations in India that provide EDPs, such as the Entrepreneurship Development Institute of India, National Institute for Entrepreneurship and Small Business Development, Small Industries Service Institutes, and the National Small Industries Corporation.
Md.Abdullha Al Mamun
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The Pradhan Mantri YUVA Yojana scheme aims to provide entrepreneurship education and training to over 14 lakh Indian youth over five years. It offers online courses through Massive Open Online Courses (MOOCs) designed by experts to students in higher education institutions, vocational training institutes, schools, and entrepreneurship development centers. The courses educate students on starting businesses and provide access to mentors and funding networks. The scheme is implemented through national and regional coordination hubs and aims to increase startups and entrepreneurship in India among youth.
GA CV
- Ghulam Ali has over 16 years of experience leading programs related to poverty alleviation, disaster response, and climate change impacts.
- He has expertise in market development, entrepreneurship, value chain development, project management, livelihoods programming, and private sector engagement.
- His career includes roles with International Centre for Integrated Mountain Development, Aga Khan Rural Support Programme, and Save the Children, where he designed and managed large-scale livelihoods and cash transfer programs.
Entrepreneurship_Development_Center_Model_Biz_Schools
This document proposes establishing an Entrepreneurship Development Center (EDC) as a partnership between an Institute of Management Studies and the Small & Medium Enterprise Development Authority (SMEDA) of Pakistan. The EDC would promote entrepreneurship and small businesses in the NWFP region through various training programs, seminars, networking events, and business competitions. SMEDA would provide technical assistance and resources to support the EDC's operations. The EDC's goals are to increase graduates becoming entrepreneurs, raise awareness of entrepreneurship, and help more residents start small businesses.
T e s d a
The document provides an overview of the Technical Education and Skills Development Authority (TESDA) of the Philippines. It discusses TESDA's mandate to oversee technical education and skills development. It outlines TESDA's organizational structure, functions of departments like the Planning Office and Regional Offices, and training programs delivered through schools, centers, communities and enterprises. The document's purpose is to inform about TESDA's role in developing Filipino workforce skills.
Module iv-institutional-aid
The document discusses several Indian institutions that provide support for entrepreneurs and small businesses. The National Institute for Entrepreneurship and Small Business Development (NIESBUD) was established in 1983 to coordinate entrepreneurship development activities across institutions. The Entrepreneurship Development Institute of India (EDII) and Small Industries Service Institutes (SISIs) provide training programs and technical support services. District Industries Centers (DICs) promote small industries at the district level. The National Entrepreneurship Development Board (NEDB) recommends schemes to promote self-employment.
Module iv-institutional-aid
The document discusses several Indian institutions that provide support for entrepreneurs and small businesses. The National Institute for Entrepreneurship and Small Business Development (NIESBUD) was established in 1983 to coordinate entrepreneurship development activities across institutions. The Entrepreneurship Development Institute of India (EDII) and Small Industries Service Institutes (SISIs) provide training programs and technical support services. District Industries Centers (DICs) promote small industries at the district level. The National Entrepreneurship Development Board (NEDB) recommends schemes to promote self-employment.
Indian SME Development Programs - ADDVALUE Lean Manufaturning Consultants
The Government of India (GOI) has initiated the SEVERAL programs in SME sectors to enhance Productivity and Quality. Get Cluster Development Program for Enhancing Productivity. Improve the product quality of the MSE (Micro and Small Enterprise) sector.
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Hospitality
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Government support to entrepreneurs
- 4. Number of Government organizations as well as NGOs who conduct EDPs and MDPs.
- 5. Governmental and non-governmental specialized agencies which provide marketing assistance. a single point registration scheme for manufacturers
- 6. Government accords the highest preference to development of MSME by framing and implementing suitable policies and promotional schemes
- 7. MSME units with a turnover of Rs. 1 crore or less per year have been exempted from payment of Excise Duty. There is an exemption from Excise Duty for MSME units producing branded goods in rural areas
- 8. Credit to micro, small and medium scale sector has been covered under priority sector lending by banks.
- 10. Established by Government of India in 1983. An apex body for coordination and supervision on activities of various institutes engaged in entrepreneurial development. Helps evolution of EDP, model syllabi, effective training strategies, methodology, manuals and tools. Activities undertaken: *Organize and conduct training programes. *Coordinate training activities of various agencies/institutes. *Provide affiliation to such institutes. *Hold examinations and confer certificates to trainers and trainees.
- 11. Three months part time evening courses in management. 4-6 weeks part time courses in intensive training in functional areas (marketing, finance). Special courses in quality control, HR, production planning, product development etc. Mobile workshops imparting training on correct usage of tools and equipment. Helps with preparation of plant layouts. Helps individual firms on specific problems faced.
- 12. Provides apprenticeship for 2 years. Training supervisory staff of SSI up to 2 years. Training to engineers up to 2 years. Training workmen for 12 months. Training to set up own venture. Advice on machinery and components. Production of technologically advanced machines.
- 13. Develops programmes for entrepreneurial training and development . Develops innovative training techniques for trainers. Focused attention on women entrepreneurs with first such EDP in 1988. EDP for rural entrepreneurship development in U.P and Orissa. Famous for organizing camps on entrepreneurship. Conducted EDP in Sri Lanka, Nepal, Ghana, Kenya etc.
- 14. Contribution in encouraging women entrepreneurship. Set up women’s wing in 1975. This wing assists women in: –Getting better access to resources, infrastructure, markets –Identify investment opportunities –Attending to problems of individual industries –Sponsor participation in trade fairs, exhibitions, conferences –Organize seminars, training programmes, workshops