Garde 11 Bussiness studies cbse

1. Business Studies
Class: XI
Chapter 8: Small Business &
Enterprises

2. Entrepreneurship Development

3. Entrepreneurship
Need for Entrepreneurship:
1. Lifeline of a nation
2. Provide innovation
3. Growth of economy
4. Increased profit
5. Employment opportunities
6. Social benefits

4. Process of Entrepreneurship

5. Start-up India Scheme
Startup India is an initiative of the Government of India. The campaign was first announced
by Indian Prime Minister, Narendra Modi during his speech on 15 August 2015.
The government of India initiative for creating job opportunities and wealth was launched by
Prime Minister Narendra Modi on 16th January 2016 and was named as the Start-up India
Scheme.
The startup India scheme’s primary objective is to develop and innovate products and services
and create more job opportunities in India which would further lead to an increased employment
rate and help strengthen the economy.

6. Start-up India Scheme
A startup defined as
An entity that is headquartered in India
Opened less than 10 years ago
Has an annual turnover less than ₹100 crore
Under this initiative, the government has already launched the I-MADE program, to help
Indian entrepreneurs build 10 lakh (1 million) mobile app start-ups, and the MUDRA (Micro-Units
Development and Refinance Agency) Bank's scheme (Pradhan Mantri Mudra Yojana), an initiative
which aims to provide micro-finance, low-interest rate loans to entrepreneurs from low
socioeconomic backgrounds.

7. Schemes/Benefits offered by
government to encourage Start-ups
1. No inspection
2. Registration
3. Income tax exemption
4. Capital gain tax exemption
5. Benefit in patent and intellectual property
6. Funding schemes for startup
Funding Options to Help Raise
Capital
1. Self Funding
2. Crowdfunding
3. Angel investment
4. Venture capital
5. Bank loans
6. Loans from NBFCs
7. Government programs

8. Crowd Funding

9. Angel Investment

10. Venture Capital

11. Intellectual Property Rights
Intellectual property rights is any and all rights associated with intangible assets owned by a
person or company and protected against use without consent. Intangible assets refer to non-physical
property, including right of ownership in intellectual property. IP is divided into two categories:
1. Industrial property: Inventions (Patents), trademarks, industrial designs, geographical indications
2. Copyright: Literary and artistic works
Importance or benefits:
i. Market value
ii. Creates name and place in market
iii. Encourages entrepreneurs
iv. Property rights
v. Helps in being market leader

13. Small Business
Small Business: Any enterprise which employs not more than 50 persons when using power and 100
when not using power and capital assets not exceeding Rs.5Lakh.
MSMED ACT
Micro, Small and Medium Enterprises Development Act, 2006 deals with issues and provides
rules and regulations for micro, small and medium enterprises in manufacturing and service sector.
The investment and turnover limits
Sector
Investment in Plant and Machinery
Micro Small Medium
Manufacturing
and Service
Upto 1 Crore Upto 10 Crore Upto 50 Crore
Turnover
Upto 5 crore Upto 50 crore Upto 250 crore

14. Role of Small Business in India
1. Employment Opportunities
2. Improves economic condition
3. Promotion of artistic and creative sense
4. Diverse Variety
5. Optimum Utilization of Resources
6. Encourage Locals
7. Rural Development

15. Government Assistance & Special Schemes for Industries in Rural, Backward & Hilly Areas
Institutional Support Incentives
NSIC
DIC
Availability of Land
Establishment of
Industrial Estates
Infrastructure facilities
Tax concessions
Finance & Subsidies

16. THANK YOU 