Start up process of small industrial unit
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Small scale industries are labor intensive and require low capital. They produce goods using small machines, hired labor, and power. Setting up a small scale industry involves idea generation, environmental analysis, product selection, organization selection, report preparation, securing a location, arranging finances, provisional registration, acquiring machinery and technology, applying for utilities, hiring and training workers, installation, procurement, production, marketing, and permanent registration to generate profits.
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Start up process of small industrial unit
To set up a small industrial unit, an entrepreneur must follow several key steps: analyzing the economic, political, and social environment; identifying a suitable product and location; arranging financing; registering the business; acquiring machinery, technology, and raw materials; installing the plant and machinery; and commencing manufacturing and marketing operations. The process involves strategic planning at each stage to establish a vision, objectives, and strategies for launching and implementing the new business successfully.
Procedure to start small scale industries
The document discusses the various steps involved in setting up an enterprise. It begins by explaining that setting up an enterprise is a complex process that requires knowledge of key business aspects. It then outlines 8 main steps provided by the Ministry of MSMEs for setting up micro, small, and medium enterprises, including project selection, arranging finance, approvals, and quality certification. The document provides details on each step, including requirements for a project feasibility study, business plan preparation, obtaining necessary clearances and licenses, and implementing the project. It stresses the importance of proper planning through a detailed project report.
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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.
Entrepreneurship development - Institutional Assistance
The document discusses various types of institutional assistance available to small scale industries in India. It describes the financial assistance provided by State Finance Corporations (SFCs), Small Industries Development Bank of India (SIDBI), commercial banks, Karnataka State Industrial Investment and Development Corporation (KSIIDC), Karnataka State Small Industries Development Corporation (KSSIDC), and Industrial Finance Corporation of India (IFCI). It also outlines various loan schemes and eligibility criteria for small scale entrepreneurs to receive funding from these institutions.
small-scale-industries
This document discusses small scale industries (SSIs) in India. It begins by defining SSIs and listing their key characteristics, which include small capital investment, family ownership, poor management, and high risk of closure. It then outlines the need for SSIs in terms of employment creation, income generation, and catering to individual tastes. The objectives, scope and industries reserved for the small scale sector are provided. The role of SSIs in economic development through job creation and dispersal of industries is examined. Steps to start a SSI and the various government policies to promote SSIs from 1948 to 2005 are summarized.
Organizational appraisal
Organizational appraisal involves evaluating the personality, performance, and potential of employees. It also involves observing an organization's internal environment to identify strengths and weaknesses that could impact goal achievement. The internal environment includes resources, capabilities, and forces within the organization. Performance appraisal can impact compensation, improvement, identifying training needs, and succession planning. It is performed by supervisors, higher management, peers, customers, and through 360-degree evaluations. Strengths are capabilities that allow success, while weaknesses inhibit movement toward goals. Organizational appraisal methods include rating scales, essays, management by objectives, checklists, and forced choice statements.
EDP in india
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.
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Start up process of small industrial unit
To set up a small industrial unit, an entrepreneur must follow several key steps: analyzing the economic, political, and social environment; identifying a suitable product and location; arranging financing; registering the business; acquiring machinery, technology, and raw materials; installing the plant and machinery; and commencing manufacturing and marketing operations. The process involves strategic planning at each stage to establish a vision, objectives, and strategies for launching and implementing the new business successfully.
Procedure to start small scale industries
The document discusses the various steps involved in setting up an enterprise. It begins by explaining that setting up an enterprise is a complex process that requires knowledge of key business aspects. It then outlines 8 main steps provided by the Ministry of MSMEs for setting up micro, small, and medium enterprises, including project selection, arranging finance, approvals, and quality certification. The document provides details on each step, including requirements for a project feasibility study, business plan preparation, obtaining necessary clearances and licenses, and implementing the project. It stresses the importance of proper planning through a detailed project report.
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.
Entrepreneurship development - Institutional Assistance
The document discusses various types of institutional assistance available to small scale industries in India. It describes the financial assistance provided by State Finance Corporations (SFCs), Small Industries Development Bank of India (SIDBI), commercial banks, Karnataka State Industrial Investment and Development Corporation (KSIIDC), Karnataka State Small Industries Development Corporation (KSSIDC), and Industrial Finance Corporation of India (IFCI). It also outlines various loan schemes and eligibility criteria for small scale entrepreneurs to receive funding from these institutions.
small-scale-industries
This document discusses small scale industries (SSIs) in India. It begins by defining SSIs and listing their key characteristics, which include small capital investment, family ownership, poor management, and high risk of closure. It then outlines the need for SSIs in terms of employment creation, income generation, and catering to individual tastes. The objectives, scope and industries reserved for the small scale sector are provided. The role of SSIs in economic development through job creation and dispersal of industries is examined. Steps to start a SSI and the various government policies to promote SSIs from 1948 to 2005 are summarized.
Organizational appraisal
Organizational appraisal involves evaluating the personality, performance, and potential of employees. It also involves observing an organization's internal environment to identify strengths and weaknesses that could impact goal achievement. The internal environment includes resources, capabilities, and forces within the organization. Performance appraisal can impact compensation, improvement, identifying training needs, and succession planning. It is performed by supervisors, higher management, peers, customers, and through 360-degree evaluations. Strengths are capabilities that allow success, while weaknesses inhibit movement toward goals. Organizational appraisal methods include rating scales, essays, management by objectives, checklists, and forced choice statements.
EDP in india
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.
Functions of hrd
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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.
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.
Objectives of edp's (2)
The objectives of entrepreneurship development programs (EDPs) are to develop entrepreneurial qualities, analyze small industry environments, reduce unemployment, promote industrial growth, assist underdeveloped regions, and teach entrepreneurial skills like project selection, formulation, sourcing, and management. EDPs have three phases - first, second and third - and provide support for new business establishment, financing, infrastructure, materials, and counseling. They are evaluated based on the number of businesses created, investments made, jobs generated, and behavioral changes in planning, achievement, expansion, and management orientations. Studies found that about 26% of EDP trainees went on to start their own businesses.
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 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.
institutional support in Entrepreneurship
This document outlines the various support organizations that provide assistance to entrepreneurs in India at different stages of business development. It discusses central and state government institutions as well as non-government organizations that support entrepreneurs. Central government groups outlined include the Small Scale Industries Board, NABARD, SIDO, NSIC, and SIDBI. Key state government supporters mentioned are State Financial Corporations, SSIDCs, and TCOs. Non-governmental assistance comes from ICSI and LUB. The framework for starting a business in India involves general information gathering, project reports, financial assistance, and marketing support from these various organizations.
Operating cycle
Determination of operating cycle. Formulas used to find operating cycle in terms of days. a brief description on operating cycle
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.
Different levels of strategy
This document discusses the three levels of strategic management - corporate, business, and operational.
The corporate level focuses on the overall plan for the organization and strategic business units. Strategy at this level involves conceptual decisions. The business level determines how each business unit will compete and allocates resources. Operational level strategies improve internal functions like manufacturing and marketing.
Effective strategic management requires coordination across all three levels to improve profitability.
Msme policy in india
The document discusses India's MSME policy. It defines MSMEs based on investment levels, with micro enterprises having investments under 25 lakh rupees. The evolution of MSME policy since 1948 aimed to promote employment, equitable income distribution, and mobilizing private resources. Key policies include reserving manufacturing for MSMEs, improving access to bank credit, and the 1999 Credit Linked Capital Subsidy Scheme to encourage technology upgrades. MSMEs are important as they account for 9% of GDP, 45% of manufacturing output, 40% of exports, and employ 42 million people across various industries. Current policy measures center around protection, improving credit access, entrepreneurship development, and infrastructure.
Entrepreneurship development cycle
The document discusses the entrepreneurship development cycle (EDC) which consists of three phases: the stimulatory phase which generates awareness and identifies potential entrepreneurs, the support phase which helps entrepreneurs establish and run their enterprises, and the sustaining phase which assists entrepreneurs in continuously operating their businesses efficiently. It also lists several institutions that are involved in promoting entrepreneurship through activities like training, research, and providing financial support.
2. emergence of entrepreneurship
The document summarizes the history of industry and entrepreneurship in India. It describes how the British initially banned Indian manufacturing, focusing the economy on cash crops for export. This led to famines. Later, the British began manufacturing in India due to disruptions from World Wars. After independence, Indian entrepreneurs like Birla and Tata laid the foundations for basic industry and infrastructure. Nationalization of banks increased funding availability. Reforms in the 1990s liberalized the economy and unleashed a new wave of Indian entrepreneurship globally competitive in various industries. Entrepreneurship is now recognized as a discipline taught to nurture skills like risk-taking through dedicated training programs.
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.
agencies for policy formulation and implementation for promoting entrepreneur...
This document summarizes several key agencies involved in policy formulation and implementation related to entrepreneurship development and small businesses in India. It describes the District Industries Centre (DIC), which promotes small industries at the district level. It also outlines the Small Industries Service Institutes (SISI) that provide consultancy and training. Additionally, it discusses the National Institute of Entrepreneurship & Small Business Development (NIESBUD), the apex body coordinating entrepreneurship development agencies. The Entrepreneurship Development Institute of India (EDII) and National Entrepreneurship Development Board (NEDB) are also summarized as organizations that promote entrepreneurship and small businesses.
Environmental Factors Affecting Entrepreneurial Development
Study of the interface between entrepreneurship and the entrepreneurial environment is essential for successful operation of business firms. This presentation talks about the different environmental factors affecting the growth and survival of an enterprise.
Entrepreneurship devlopment
The document discusses various topics related to entrepreneurship development and small businesses in India, including:
1. It describes entrepreneurship development programs that help individuals improve their skills and knowledge for starting a business.
2. A project report is summarized as providing necessary details for establishing a manufacturing or service business, including general information, project description, market potential, costs, financing, and economic and social considerations.
3. Several organizations that support small businesses in India are introduced, such as the District Industries Center, Small Industries Development Organization, State Industries Development Corporations, National Small Industries Corporation, and others. Their roles in offering services like credit, training, marketing assistance and industrial development are briefly outlined.
MARKETING ENVIRONMENT IN INDIA
The document discusses the competitive environment facing organizations and the importance of environmental scanning. It notes that markets are threatened by short product/design cycles, new technologies, unexpected competitors, and tactical changes by incumbents. This leads to higher uncertainty, dynamism, and hostility. Environmental scanning allows organizations to identify threats posed by trends that could undermine their position, as well as opportunities in attractive areas where they have advantages. The document also discusses analyzing an organization's internal strengths and weaknesses, as well as external opportunities and threats in the political, economic, social, technological, legal, and other factors in the macro and micro environment.
Khadi and village industry commission
This presentation tells about KVIC scheme of government. How it works and what are it main constitutes
Business environment
The document provides information about business environment and its components. It defines business, discusses the nature and characteristics of business including objectives. It explains the differences between economic and non-economic activities. It also describes the various elements of internal and external environment that affect businesses. The internal environment includes factors under a firm's control while the external environment comprises of micro and macro level factors outside its control. [END SUMMARY]
Money
The document discusses various definitions and concepts related to money:
1. It outlines traditional, Friedman's, and Gurley-Shaw definitions of money which increasingly broaden the scope of money to include near-money assets.
2. It describes the three main functions of money as a medium of exchange, unit of account, and store of value.
3. Theories of neutrality and non-neutrality of money are discussed in relation to prices, interest rates, and economic output in the short and long run.
4. Quantity theories of money like Fisher's equation and the Cambridge cash balance approach link the money supply to the price level and value of money through demand for real cash balances
Ppt on money
This document discusses different methods of exchanging goods and services in an economy, including the barter system where goods are directly exchanged for other goods, and using money such as coins, paper money, bank checks, and electronic money through cards. It also mentions how in ancient times before money, a barter system was used where goods were directly exchanged.
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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.
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.
Objectives of edp's (2)
The objectives of entrepreneurship development programs (EDPs) are to develop entrepreneurial qualities, analyze small industry environments, reduce unemployment, promote industrial growth, assist underdeveloped regions, and teach entrepreneurial skills like project selection, formulation, sourcing, and management. EDPs have three phases - first, second and third - and provide support for new business establishment, financing, infrastructure, materials, and counseling. They are evaluated based on the number of businesses created, investments made, jobs generated, and behavioral changes in planning, achievement, expansion, and management orientations. Studies found that about 26% of EDP trainees went on to start their own businesses.
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 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.
institutional support in Entrepreneurship
This document outlines the various support organizations that provide assistance to entrepreneurs in India at different stages of business development. It discusses central and state government institutions as well as non-government organizations that support entrepreneurs. Central government groups outlined include the Small Scale Industries Board, NABARD, SIDO, NSIC, and SIDBI. Key state government supporters mentioned are State Financial Corporations, SSIDCs, and TCOs. Non-governmental assistance comes from ICSI and LUB. The framework for starting a business in India involves general information gathering, project reports, financial assistance, and marketing support from these various organizations.
Operating cycle
Determination of operating cycle. Formulas used to find operating cycle in terms of days. a brief description on operating cycle
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.
Different levels of strategy
This document discusses the three levels of strategic management - corporate, business, and operational.
The corporate level focuses on the overall plan for the organization and strategic business units. Strategy at this level involves conceptual decisions. The business level determines how each business unit will compete and allocates resources. Operational level strategies improve internal functions like manufacturing and marketing.
Effective strategic management requires coordination across all three levels to improve profitability.
Msme policy in india
The document discusses India's MSME policy. It defines MSMEs based on investment levels, with micro enterprises having investments under 25 lakh rupees. The evolution of MSME policy since 1948 aimed to promote employment, equitable income distribution, and mobilizing private resources. Key policies include reserving manufacturing for MSMEs, improving access to bank credit, and the 1999 Credit Linked Capital Subsidy Scheme to encourage technology upgrades. MSMEs are important as they account for 9% of GDP, 45% of manufacturing output, 40% of exports, and employ 42 million people across various industries. Current policy measures center around protection, improving credit access, entrepreneurship development, and infrastructure.
Entrepreneurship development cycle
The document discusses the entrepreneurship development cycle (EDC) which consists of three phases: the stimulatory phase which generates awareness and identifies potential entrepreneurs, the support phase which helps entrepreneurs establish and run their enterprises, and the sustaining phase which assists entrepreneurs in continuously operating their businesses efficiently. It also lists several institutions that are involved in promoting entrepreneurship through activities like training, research, and providing financial support.
2. emergence of entrepreneurship
The document summarizes the history of industry and entrepreneurship in India. It describes how the British initially banned Indian manufacturing, focusing the economy on cash crops for export. This led to famines. Later, the British began manufacturing in India due to disruptions from World Wars. After independence, Indian entrepreneurs like Birla and Tata laid the foundations for basic industry and infrastructure. Nationalization of banks increased funding availability. Reforms in the 1990s liberalized the economy and unleashed a new wave of Indian entrepreneurship globally competitive in various industries. Entrepreneurship is now recognized as a discipline taught to nurture skills like risk-taking through dedicated training programs.
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.
agencies for policy formulation and implementation for promoting entrepreneur...
This document summarizes several key agencies involved in policy formulation and implementation related to entrepreneurship development and small businesses in India. It describes the District Industries Centre (DIC), which promotes small industries at the district level. It also outlines the Small Industries Service Institutes (SISI) that provide consultancy and training. Additionally, it discusses the National Institute of Entrepreneurship & Small Business Development (NIESBUD), the apex body coordinating entrepreneurship development agencies. The Entrepreneurship Development Institute of India (EDII) and National Entrepreneurship Development Board (NEDB) are also summarized as organizations that promote entrepreneurship and small businesses.
Environmental Factors Affecting Entrepreneurial Development
Study of the interface between entrepreneurship and the entrepreneurial environment is essential for successful operation of business firms. This presentation talks about the different environmental factors affecting the growth and survival of an enterprise.
Entrepreneurship devlopment
The document discusses various topics related to entrepreneurship development and small businesses in India, including:
1. It describes entrepreneurship development programs that help individuals improve their skills and knowledge for starting a business.
2. A project report is summarized as providing necessary details for establishing a manufacturing or service business, including general information, project description, market potential, costs, financing, and economic and social considerations.
3. Several organizations that support small businesses in India are introduced, such as the District Industries Center, Small Industries Development Organization, State Industries Development Corporations, National Small Industries Corporation, and others. Their roles in offering services like credit, training, marketing assistance and industrial development are briefly outlined.
MARKETING ENVIRONMENT IN INDIA
The document discusses the competitive environment facing organizations and the importance of environmental scanning. It notes that markets are threatened by short product/design cycles, new technologies, unexpected competitors, and tactical changes by incumbents. This leads to higher uncertainty, dynamism, and hostility. Environmental scanning allows organizations to identify threats posed by trends that could undermine their position, as well as opportunities in attractive areas where they have advantages. The document also discusses analyzing an organization's internal strengths and weaknesses, as well as external opportunities and threats in the political, economic, social, technological, legal, and other factors in the macro and micro environment.
Khadi and village industry commission
This presentation tells about KVIC scheme of government. How it works and what are it main constitutes
Business environment
The document provides information about business environment and its components. It defines business, discusses the nature and characteristics of business including objectives. It explains the differences between economic and non-economic activities. It also describes the various elements of internal and external environment that affect businesses. The internal environment includes factors under a firm's control while the external environment comprises of micro and macro level factors outside its control. [END SUMMARY]
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government institutions for entrepreneurship development
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agencies for policy formulation and implementation for promoting entrepreneur...
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Money
The document discusses various definitions and concepts related to money:
1. It outlines traditional, Friedman's, and Gurley-Shaw definitions of money which increasingly broaden the scope of money to include near-money assets.
2. It describes the three main functions of money as a medium of exchange, unit of account, and store of value.
3. Theories of neutrality and non-neutrality of money are discussed in relation to prices, interest rates, and economic output in the short and long run.
4. Quantity theories of money like Fisher's equation and the Cambridge cash balance approach link the money supply to the price level and value of money through demand for real cash balances
Ppt on money
This document discusses different methods of exchanging goods and services in an economy, including the barter system where goods are directly exchanged for other goods, and using money such as coins, paper money, bank checks, and electronic money through cards. It also mentions how in ancient times before money, a barter system was used where goods were directly exchanged.
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Entpreneurial Management (EM04_01 ) starting up a small scale industry - 1
This is part of a course that I taught at the Bangalore University last spring - on Entrepreneurial Management. Decks EM04_01 -4 are on starting a small scale industry and on pre-startup processes for small scale industries in India
NATIONAL INCOME PPT
National income measures the total value of goods and services produced in an economy over a period of time. It is important for economists to measure national income to analyze economic growth, living standards, and income inequality. There are several concepts for calculating national income, including gross domestic product (GDP), gross national product (GNP), personal income, and per capita income. National income can be measured using the product, income, and expenditure methods, each with their own steps and considerations to account for issues like double counting. Calculating national income precisely poses challenges but the statistics are useful for economic planning, analysis, and international comparisons.
Functions Of Money
The document discusses different aspects of monetary systems including:
1) It defines money and lists its key properties and functions such as being a medium of exchange, store of value, and unit of account.
2) It outlines different types of money including commodity money, convertible paper money, inconvertible paper money, bank deposits, and electronic money.
3) It explores the demand for money and identifies three motives for holding money: transactions demand, precautionary demand, and speculative demand. Interest rates are a major factor in determining the amount of money people hold.
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Entpreneurial Management (EM04_01 ) starting up a small scale industry - 1
Entpreneurial Management (EM04_01 ) starting up a small scale industry - 1
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Start up process of small industrial unit
- 2. Small scale industries are those industries which requires low need of capital and these are labour intensive. The industries which are organized on a small scale and produce goods with the help of small machines, hired labour and power are called as small scale industries.
- 3. Idea of self-Employed Analysis of Entrepreneurial Environment Project Identification Selection of Product Selection of Organization Preparation of Project Report Location of Enterprise Arrangement of Finance Provisional Registration
- 4. Acquiring Machinery and Technology Apply for Power and Water Connection Recruitment and Training of Workers Installation of Plant and Machinery Procurement of Raw-Materials Commencement of Manufacturing Marketing Permanent Registration Profit Generation
- 6. Objectives 1. Life Span 2. Single Entity 3. Team Work 4. Life Cycle 5. Uniqueness
- 7. 6. Change 7. Uncertainty 8. Made To Order 9. Unity in Diversity 10. Sub-Contracting 11. Element of Risk
- 8. SELECTION OF SUITABLE TECHNOLOGY NON-AVAILABILITY OF EXTERNAL ECONOMIES NON-AVAILABILITY OF QUALIFIED PERSONNEL MOBILISING THE CAPITAL LACK OF KNOWLEDGE OF GOVERNMENT RULES AND REGULATIONS
- 9. FEASIBILITY ANALYSIS TECHNO-ECONOMIC ANALYSIS PROJECT DESIGN AND NETWORK ANALYSIS INPUT ANALYSIS FINANCE ANALYSIS SOCIAL COST BENEFIT ANALYSIS PROJECT APPRAISAL