Presentation on NSIC, MSME, SISI's Entrepreneurial development institutes in India

1. Business Planning and
Entrepreneurship Management
ENTREPRENEURSHIP DEVELOPMENT
INSTITUTIONS

2. NI-MSME
WHAT IS NI-MSME ?
• NI-MSME stands for National Institute for Micro,
Small and Medium Enterprise, provides assistance to
setup business, management and enhancement.
• The backbone of Indian Economy
• 6,08,41,245 MSME’s in India.

3. Role of MSME
Growth & Development of Khadi and Coir
industries.
Encouraging Entrepreneurship opportunities &
enhance the competition
Second largest sector after Agriculture
Making India a manufacturing hub &
“Make In India” campaign success.

4. Challenges Faced By MSME’S
MSME
Availability
Of Finance
Upgraded
Technology
Lack Of
Formal
Registration
Competitive
Market
Environment
Compliance
Issue

5. Opportunities
Growth In Major Sectors
Employment Generation
Opportunity In Export
Traditional & Heritage Industries

6. NSIC
1. What is NSIC ?
▪ NSIC stands for National Small Industries Corporation,
certified by Government of India under the ministry of MSME
(Micro, Small and Medium Enterprises)
▪ Established in 1955.
▪ Shri Vijayendra, IAS – Chairman & Managing Director

7. Functions of NSIC

8. Objectives of NSIC
▪ Building corporation reach and support.
▪ Supporting and Enhancing the workforce.
▪ Hygienic working environment.
▪ Training people and creating self-employment.
▪ Improving businesses’ efficiency, profits and productivity

9. Mission & vision Of NSIC
• Mission: “To promote and support Micro, Small & Medium
Enterprises (MSMEs) Sector” by providing integrated support
services encompassing Marketing, Technology, Finance and
other services.
• Vision: “To be a premier Organization fostering the growth of
Micro, Small and Medium Enterprises (MSMEs) Sector”.

10. • The small industries service institutes (SISI’s) are set-up one in
each state to provide consultancy and training to small and
prospective entrepreneurs.
• The activities of SISI’s are co-ordinate by the industrial
management training division of the DC, SSI office.
What are SISI’s?
SISI's

11. Objectives of SISI
• Initiating steps for technological upgradation and
modernization of existing units
• Expanding the channels for marketing the products of the
small scale sector
• Promotion of employment- oriented industries

12. Functions of SISI
Conducting EDPs
all over the
country;
To provide market
information to the
SISI’s;
To recommend
SSI’s for financial
assistance from
financial
institutions;
To enlist
entrepreneurs for
partition in
Government stores
purchase
programme

13. Mission & Vision Of SISI
MISSION
“Creating and providing knowledge, know-how and
information to empower entrepreneurs to grow and
prosper”
VISION
“Center of Excellence for Nurturing and Advancing an
Entrepreneurial Society”