Entrepreneurship Development Institute of India (EDII)uma reur
EDI has been spearheading entrepreneurship movement throughout the nation with a belief that entrepreneurs need not necessarily be born, but can be developed through well-conceived and well-directed activities.
In consonance with this belief, EDI aims at:
Creating a multiplier effect on opportunities for self-employment,
Augmenting the supply of competent entrepreneurs through training,
Augmenting the supply of entrepreneur trainer-motivators,
Participating in institution building efforts,
• 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.
Role of supoort Institutions & Management of Small Business UNIT IVAman Sharma
Notes of Role of supoort Institutions & Management of Small Business as Taught in Business Intelligence and Entrepreneurship in Engineering , Business and other courses
Role Of Agencies assisting EntrepreneurshipAnubha Rastogi
Various agencies in India including DICs, NSICs, EDII, NIESBUD,NEDB and more are functioning to promote entrepreneurship. Several new initiatives have also been taken by the Government of India to promote the culture of entrepreneurship.
Entrepreneurship development - Institutional AssistanceSOMASUNDARAM T
Financial assistance through SFCs, SIDBI, Commercial Banks, KSIDC, KSSIC, IFCI; Non-financial assistance from DIC, SISI, EDI, SIDO, AWAKE, TCO, TECKSOK, KVIC; Financial incentives for SSI and Tax Concessions ; Industrial estates: role and types.
Profile of SIDO, SISI, NISC; Entrepreneurship and msmeIndraja Modem
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Institutions Supporting Small Business Enterprises.pptxshrinivas kulkarni
Active in the field of consultancy and training and has a number of specialized divisions to provide tailor-made solutions to agriculture and industry. These divisions, manned by trained consultants, deal with issues related to industrial engineering, plant engineering, energy management, HRD, informal sector, agriculture and so on
Entrepreneurship Development Institute of India (EDII)uma reur
EDI has been spearheading entrepreneurship movement throughout the nation with a belief that entrepreneurs need not necessarily be born, but can be developed through well-conceived and well-directed activities.
In consonance with this belief, EDI aims at:
Creating a multiplier effect on opportunities for self-employment,
Augmenting the supply of competent entrepreneurs through training,
Augmenting the supply of entrepreneur trainer-motivators,
Participating in institution building efforts,
• 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.
Role of supoort Institutions & Management of Small Business UNIT IVAman Sharma
Notes of Role of supoort Institutions & Management of Small Business as Taught in Business Intelligence and Entrepreneurship in Engineering , Business and other courses
Role Of Agencies assisting EntrepreneurshipAnubha Rastogi
Various agencies in India including DICs, NSICs, EDII, NIESBUD,NEDB and more are functioning to promote entrepreneurship. Several new initiatives have also been taken by the Government of India to promote the culture of entrepreneurship.
Entrepreneurship development - Institutional AssistanceSOMASUNDARAM T
Financial assistance through SFCs, SIDBI, Commercial Banks, KSIDC, KSSIC, IFCI; Non-financial assistance from DIC, SISI, EDI, SIDO, AWAKE, TCO, TECKSOK, KVIC; Financial incentives for SSI and Tax Concessions ; Industrial estates: role and types.
Profile of SIDO, SISI, NISC; Entrepreneurship and msmeIndraja Modem
entrepreneurship and msme, International financial management; Profile of SISI, Profile SIDO, profile of NISC; SIDO- Objectives, mission, vision; SISI- Objectives and functions; NISC- Objectives and functions
Institutions Supporting Small Business Enterprises.pptxshrinivas kulkarni
Active in the field of consultancy and training and has a number of specialized divisions to provide tailor-made solutions to agriculture and industry. These divisions, manned by trained consultants, deal with issues related to industrial engineering, plant engineering, energy management, HRD, informal sector, agriculture and so on
Entrepreneurship and project managementchumantrakali
role of govt in entrepreneurship,role of financial institutions in entrepreneurship,entrepreneurial development programmes,entrepreneural development institutions across india, some other institu\tions
Presentation on the institutional support to entrepreneurs. The financial institutions, its classification, IFCI, LIC, UTI, industrial development, extension, SISI, SSIB, DIC.
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When listening about building new Ventures, Marketplaces ideas are something very frequent. On this session we will discuss reasons why you should stay away from it :P , by sharing real stories and misconceptions around them. If you still insist to go for it however, you will at least get an idea of the important and critical strategies to optimize for success like Product, Business Development & Marketing, Operations :)
Reflect Festival Limassol May 2024.
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2. STATE
LEVEL
• DIs
• DICs
• SFCs
• SIDCs/SIICs
• SSIDCs
OTHERS
• Industry Association
• Non Governmental
Organizations
• R & D Laboratories
CENTRAL
LEVEL
•SSI Board
•KVIC
•SIDO
•NSIC
•NSTEDB
•NPC
•NISIET
•NIESBUD
•EDI
3. SSI Board
Small Scale Industries Board was established in 1954 to facilitate the
coordination and inter-institutional linkages for the development of SSI sector.
The Board is an apex advisory body constituted to render advice to the
government on all issues pertaining to the SSI sector.
The Board is reconstituted every two years and is headed by the Minister In
charge of Small Scale Industries in the Government of India. The Board comprises
among others State Industry Ministers, some Members of Parliament, Secretaries
of various Departments of Government of India, Financial institutions, public
sector undertakings, industry associations and eminent experts in the field
SSI Board
4. The Board operates broadly in the following
areas:
Enterprise and skill development
Technology upgradation.
Access to Credit.
Marketing Assistance.
Legal Framework.
Development of industries in specific region like Northeast.
5. KHADI AND VILLAGE INDUSTRIES
COMMISSION (KVIC)
Statutory body formed by the Government of India, under the Act of Parliament,
'Khadi and Village Industries Commission Act of 1956.
Responsible for planning, promotion, organization and implementation of the program
for the development of Khadi and Village industries in rural areas with the help of
other rural development agencies engaged in rural development.
KVIC’s functions also comprise building up a reserve of raw materials and provide
supply to producers.
Creation of common service facilities for processing of raw materials and provision of
marketing of KVIC products.
6. Continued . . .
KVIC is entrusted with the task of providing financial assistance to
institutions or persons engaged in the development and operation of Khadi
and village industries.
The KVIC is also charged with the responsibility of encouraging and
promoting research in the production techniques and equipment employed
in the Khadi and Village Industries sector and providing facilities for the
study of the problems relating to it
It takes steps to ensure genuineness of the products and sets standards of
quality and ensure that the products of KVI do conform to the standards.
7. Small Industries Development
Organization (SIDO)
Established in 1954 on recommendation of Ford Foundation.
The strength of SIDO lies in its countrywide spread of almost 100
offices/service centres, which employ over 2500 staff, mostly technical
SIDO partners and networks with other national providers of support
and financial services to SMEs such as the Small Industries
Development Bank of India (SIDBI), the National Small Industries
Corporation (NSIC), the Bureau of Indian Standards (BIS), the Reserve
Bank of India (RBI) (India's Central Bank) and relevant agencies of the
Governments of the 28 States of the country.
8. Continued . . .
SIDO provides services to small industry throughout the country by
implementing a broad program of activities and services including the
following:
Entrepreneurship Development
Tool Room Services
Testing Centres
Extension Services
R&D Services
Consultancy Services
Policy Development
9. Established in 1955 by GOI with the main objectives to promote, aid
and foster the growth of SSIs in the country.
Name of the Centre Focus area
Chennai Leather & Footwear
Howrah General Engineering
Hyderabad Electronics & Computer Application
New Delhi Machine Tools & related activities
Rajkot
Energy Audit & Energy Conservation
activities
Rajpura (Pb) Domestic Electrical Appliances
Aligarh (UP) Lock Cluster & Die and Tool making
10. NSIC also helps in organizing supply of raw materials like coal,
iron, steel and other materials and even machines needed by
small scale private industries.
Main services provided by NSIC are:
- Machinery and Equipment (Hire Purchase / Lease scheme)
- Financial Assistance Scheme.
- Assistance for Procurement of Raw Material.
- Government Store Purchase Program.
- Technology Transfer Centre (TTC).
11. Established in 1982 by GOI, is an institutional mechanism to promote
knowledge-driven and technology-intensive enterprises.
Aims to convert "job-seekers" into "job-generators" through Science
& Technology (S&T) interventions.
Major objectives are:
Promote and develop high-end entrepreneurship for S&T manpower
as well as self-employment by utilizing S&T infrastructure and
methods.
12. Facilitate and conduct various informational services relating to
promotion of entrepreneurship.
Network agencies of support system, academic institutions and R&D
organizations to foster self-employment using S&T with special focus
on backward areas.
Act as a policy advisory body with regard to entrepreneurship
13. National Institute for Small Industry
Extension and Training (NISIET)
Set up in early 1950s, NISIET acts an important resource and
information centre for small units and undertakes research and
consultancy for small industry development.
An autonomous body of the Ministry of Small Scale Industries, the
institute achieves its objectives through training, consultancy, research
and education, to extension and information services.
In 1984, UNIDO has recognized NISIET as an institute of meritorious
performance under its Centre of Excellence Scheme to extend aid.
14. NIESBU is registered as a Society under Societies Registration Act, 1860 started
functioning from 6th
July, 1983.
It is a premier organisation of Ministry of Micro, Small and Medium
Enterprises engaged in :-
Training
consultancy
research, etc. in order to promote entrepreneurship.
The Institute has trained more than 2.98 lakh trainees including 3,000
persons from more than 125 countries till 31st
July, 2014.
15. Continued . . .
To evolve standardised materials and processes for selection, training, support
and sustenance of entrepreneurs, potential and existing.
To help/support and affiliate institutions/organisations in carrying out
training and other entrepreneurship development related activities.
To provide vital information and support to trainers, promoters and
entrepreneurs.
To train trainers, promoters and consultants in various areas of
entrepreneurship development
To share international experience and expertise in entrepreneurship
development.
Cluster Intervention
17. DIs (Directorate of Industries)
Directorate of Industries (DIs) – At the State level, the Commissioner/
Director of Industries implements policies for the promotion and development
of small-scale, cottage, medium and large scale industries.
The Central policies for the SSI sector serve as guidelines but each State evolves
its own policy and package of incentives.
The Commissioner/ Director of Industries in all the States/UTs, oversee the
activities of field offices, the District Industries Centers (DICs) at the district
level .
18. In order to extend promotion of small-scale and cottage
industries in cities and state capitals to district headquarters, DIC
program was initiated in May, 1978, as a centrally sponsored
scheme.
DIC was established with the aim of generating greater
employment opportunities especially in rural and backward
areas in the country.
DICs (District Industries Centers)
19. Continued . . .
At present DICs operate under respective Sate budgetary
provisions. DICs extend services of the following nature –
(i) economic investigation of local resources
(ii) supply of machinery and equipment
(iii) provision of raw materials
(iv) arrangement of credit facilities
(v) marketing
(vi) quality inputs
(vii) consultancy
20. SFCs (State Financial Corporations)
It was set up under the Industrial Finance Corporation Act, 1948.
There are 18 SFCs in the country , of which 17 were established under SFCs act
1951.
Main objectives is to finance and promote small and medium enterprises in their
respective states for achieving balanced regional growth.
Catalyze investment, generate employment and widen ownership base of industry.
Financial assistance is provided by way of term loans, direct subscription to
equity/debentures, guarantees, discounting of bills of exchange and seed capital
assistance.
SFCs operate a number of schemes to refinance of IDBI and SIDBI and also extend
equity type assistance.
21. SFCs have tailor-made schemes for artisans and special target groups
such as SC/ST, women, ex-servicemen, physically challenged.
Also provide financial assistance for small road transport operators,
hotels, tourism-related activities, hospitals.
Under Single Window Scheme of SIDBI, SFCs have also been extending
working capital along with term loans to mitigate the difficulties faced
by SSIs in obtaining working capital limits on time.
22. SIDC / SIIC and SSIDC
State Industrial Development / Investment Corporation (SIDC/SIIC) –
Set up under the Companies Act, 1956, as wholly owned undertakings of the State
governments, act as catalysts in respective states.
SIDC helps in developing land, providing developed plots, together with facilities
like roads, power, water supply, drainage and other amenities.
They also extend assistance to small-scale sector by way of term loans, subscription
to equity and promotional services.
11 out of 28 SIDCs in the country also function as SFCs and are termed as Twin-
function of IDCs.
Established under Companies Act, 1956, as State government undertaking, caters to
small, tiny and village industries in respective states.
23. the functions SSIDC performs: -
(i) Procure and distribution of scarce raw materials.
(ii) Supply of machinery to SSI units on hire-purchase basis.
(iii) Product marketing assistance.
(iv) Construction of industrial estates, allied infrastructure facilities and their
maintenance.
(vi) Providing management assistance to production units.
State Small Industrial Development Corporations (SSIDC)
24. Other State-level agencies Extending
Facilities for SSI Promotion
State Infrastructure Development Corporations
State Cooperative Banks
Regional Rural Banks
State Export Corporations
Agro Industries Corporations
Handloom and Handicrafts Corporations