The document discusses various types of institutional support provided by the government and government-supported organizations to promote business enterprises in India. It outlines the stages of business promotion that these institutions assist with, including inception, operational, and expansion stages. Finally, it lists specific national and state-level institutions that provide financing, training, marketing assistance and other resources to help entrepreneurs at different stages of their business development.
2. Institutional Support
• Starting an enterprise requires different resources and
facilities like finance ,building infrastructure etc..
• Government takes this job by establishing a set of
specialized institutions to take care of the needs of
entrepreneur. This is called institutional support.
• The institutions could be government owned, statutory,
semi autonomous or autonomous.
• It is the government or government supported institutions
authorized to take up certain activities - financing,
marketing, project preparation, training to promote
industrial activities in the state.
3. Stages Of Promotion
• There are three stages of promotion –
▫ inception stage
▫ operational stage and
▫ expansion or diversification stage.
• The Government through its plans and policies assists the business
houses in facilitating the above stages through various specialized
institutions set up as per the law.
4. Institutions Helping For Promotion
• National Institute for Entrepreneurship and Small Business
Development (NIESBUD)
• Entrepreneurship Development Institute of India (EDII)
• Small Industries Service Institute (SISI)
• District Industries Centers (DIC's)
• National Entrepreneurship Development Board (NEDB)
• Small-scale Industries Board (SSI Board)
• Khadi and Village Industries Commission (KVIC)
• Small Industries Development Organization (SIDO)
• National Small Industries Corporation Ltd. (NSIC)
• National Science and Technology Entrepreneurship Development
Board (NSTEDB)
• National Productivity Council (NPC)
• State Level Institutions – SFCs
5. Other State-level Agencies Helping
For Promotion
• State Infrastructure Development Corporations
• State Cooperative Banks
• Regional Rural Banks
• State Export Corporations
• Agro Industries Corporations
• Handloom and Handicrafts Corporations
• Technical Consultancy Organizations (TCOs)
▫ Karnataka Industrial and Technical Consultancy Organization
Ltd.(KITCO)
▫ Andhra Pradesh Industrial and Technical Consultancy
Organization Ltd.(APITCO).
▫ Bihar Industrial and Technical Consultancy Organization Ltd.
(BITCO).
▫ Gujarat Industrial and Technical Consultancy Organization Ltd.
(GITCO). Etc…..
6. SCHEME AND ASSISTANCE
• National Alliance of Young Entrepreneurs (NAYE)
▫ Union Bank of India
▫ Central Bank of India
▫ Punjab National Bank
▫ Dena Bank
• Entrepreneurial Guidance Bureau (EGB)
EGB assists for submitting proposals for the letter of intent,
etc. EGB also establishes direct contact with banks/financial
institutions and engineering graduates, technically qualified personnel
and small entrepreneurs to promote entrepreneurship development.