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Small Business

development in India

| ANSHUMAN CHAURASIA | 0921403 |


Key functions
 FINANCIAL ASSISTANCE
 CONTRACT OPPORTUNITIES

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 DISASTER ASSISTANCE

 TRAINING

 COUNSELLING & ASSISTANCE

 COMPLIANCE TO LAWS/REGULATIONS

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SIDBI
 April 2,1990 
 Principal Functions

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 Promotion 
 Financing
 Development of Industries in the small scale
sector and
 Co-ordinating the functions of other institutions
engaged in similar  activities.
 To empower the Micro, Small and Medium
Enterprises (MSME) sector with a view to
contributing to the process of economic
growth, employment generation and
balanced regional development.
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PRODUCTS AND SERVICES
 DIRECT FINANCE
 BILLS FINANCE

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 REFINANCE

 INTERNATIONAL FINANCE

 MICRO FINANCE

 GOVERNMENT SUBSIDY SCHEMES

 PROMOTIONAL ACTIVITIES

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NIESBUD
 Established by Ministry of Industries.
 Co-ordinating, training and overseeing the

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activities of various institutions/ agencies
engaged in Entrepreneurship. 
 Development Particularly in the area of small
industry and small business.
 Noida | 1983 |

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 To standardised materials and processes for
selection, training, support and sustenance of
entrepreneurs.
 To provide vital information and support to
trainers, promoters and entrepreneurs.
 To train trainers, promoters and consultants in

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various areas of entrepreneurship
development.
 To provide national/international forums for
interaction and exchange of experiences
helpful for policy formulation
 To share internationally experience and expertise
in entrepreneurship development.

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Entrepreneurship
Development Institute of India
  An autonomous body | 1983 |  IDBI, IFCI, ICICI
& SBI | Government of Gujarat |

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 EDI aims at:
 creating a multiplier effect on opportunities for
self-employment
 augmenting the supply of competent
entrepreneurs through training
 participating in institution building efforts
 inculcating the spirit of 'Entrepreneurship' in
youth
 promoting micro enterprises at rural level
 developing and disseminating new knowledge
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and insights in entrepreneurial theory and
practice through research
 facilitatingcorporate excellence through
creating intrapreneurs
 improving managerial capabilities of small scale

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industries
 sensitising the support system to facilitate
potential and existing entrepreneurs establish
and manage their enterprises
 collaborating with similar organisations in India
and other developing countries to accomplish
the above objectives.

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SMALL INDUSTRIES SERVICE
INSTITUTES (SISIs)
  28 SISIs and 30 Branch SISIs set up in State
capitals and other industrial cities all over
the country.

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 Availability of bank credit without the hassles
of collaterals / third party guarantees.

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 To strengthen credit delivery system and
facilitate flow of credit to the MSE sector.
 The main objective is that the lender should
give importance to project viability and
secure the credit facility purely on the
primary security of the assets financed.
  Lender availing guarantee facility should
endeavour to give composite credit to the
borrowers so that the borrowers obtain both
term loan and working capital facilities from
a single agency. 10
 Country's first Rating agency that focuses
primarily on the Indian Micro, Small and
Medium Enterprise (MSME) segment.

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 To provide Ratings that are comprehensive,
transparent and reliable. This would
facilitate greater and easier flow of credit
from the banking sector to MSMEs.

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benefits

 Wide Recognition and Acceptance


 Memorandum of Understanding (MOU)

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with Banks    
 Favourable borrowing terms    

 Faster Access to Credit    

 Lower Rating Fees

 Fair evaluation amongst peers

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 SIDBI Venture Capital Limited (SVCL) is a
wholly owned subsidiary of SIDBI,
incorporated in July 1999.

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 "To catalyse entrepreneurship by
providing capital and other strategic
inputs for building businesses around
growth opportunities and maximize
returns on investment “
 National Venture Fund For Software and IT
Industry (NFSIT)  | SME Growth Fund

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 SERVICES :-
 Training

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 Research
 Consultancy
 Seminar and Workshop

 |1993 | Guwahati |Ministry of Industry | Ministry
of Micro, Small and Medium Enterprises |April
1994 | North East Council (NEC), Governments
of Assam, Arunachal Pradesh & Nagaland &
SIDBI |

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 SCHEMES :-
 Bank credit facilitation

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 Export Credit Insurance
 Performance & Credit Rating
 Raw Material Assistance
 Exports
 Bill Discounting Scheme
 Government Purchase
 Exhibitions
 Infomediary
 Marketing Intelligence Services

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 To provide handholding support and
assistance to the potential first generation
entrepreneurs, who have already

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successfully completed EDP/SDP/ESDP or
vocational training from ITIs, through the
selected lead agencies i.e. 'Udyami Mitras‘.

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