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Institutions Support for
Entrepreneurship
Introduction
The central and state governments supports entrepreneurial activities
in various ways.
Services like financing, technical guidance, equipment support,
training, marketing and providing subsidy and grants are supported by
several institutions.
Swathi Kallesh
Financial Institutions
Industrial Development Bank of India (IDBI)
Industrial Finance Corporation of India (IFCI)
Small Industries Development Bank of India
(SIDBI)
National Small Industries Corporation Ltd
(NSIC)
These institutions
provide financial
support to
promote and
develop small
industries and
entrepreneurs.
Swathi Kallesh
State Small Industries Corporation (SSIC)
Regional Rural Banks (RRBs)
State Financial Corporations (SFCs)
State Industrial Development Corporations (SIDCs)
Cooperative Banks and Gramin Banks
Swathi Kallesh
Institutions for Technical Guidance
District Industries Centres (DICs)
Technical Consultancy
Organisations (TCOs)
Small Industries Service
Institutes (SISIs)
State Small Industries
Development Corporations
(SSIDCs)
Industrial Development
Corporation (IDC)
Small Industries Development
Organisation (SIDO)
These institutions are set up to help
entrepreneurs seek technical
guidance and support for small scale
industries
Swathi Kallesh
Institutions for Training
Small Industries
Service Institute
(SISI)
National Bank for
Agriculture and Rural
Development
(NABARD)
Council for
Advancement of
Peoples Action and
Rural Technology
(CAPART)
District Industries
Centre (DIC)
These institutes are
set-up one in each
state to provide
consultancy and
training to small and
prospective
entrepreneurs
Swathi Kallesh
Support for Innovation and Entrepreneurship
provided by Government of India
Several initiatives and policies have been undertaken by the Government of India
to support innovation and entrepreneurship.
Job creation is one of the biggest challenge India faces. With the Indian
demographic, we have a lot of potential to innovate, raise entrepreneurs and
create jobs for the benefit of our nation.
On the other hand, realizing the importance of women entrepreneurship,
Government of India has ensured that all policies are providing equal
opportunity for women. Women are given equal importance and support across
several sectors.
Swathi Kallesh
Startup India
Launched in Jan 2016 with a motive to support aspiring entrepreneurs
Promotes entrepreneurship by mentoring, nurturing and facilitating startups
‘Fund of Funds’ help startups acquire access to funding
Provides opportunity for startups to innovate and excel without any barriers
Provides a comprehensive four-week free online learning program
Has set up research parks, incubators and startup centres across the country
Click here to visit
website
Swathi Kallesh
Make in India
The Make in India initiative was launched in September 2014.
This was started to replace outdated and obstructive structure with transparent and user-friendly
systems
It was an invitation to potential partners and investors around the world to create opportunities in
Indian manufacturing sector.
This has led to new confidence in India’s capabilities among potential partners abroad, businesses
within the country and citizens.
This has helped get investments, promote innovation, develop skills, protect intellectual property
and build best-in-class manufacturing infrastructure.
Click here to visit
website
Swathi Kallesh
Digital India
This initiative was launched in July 2015 to modernize the Indian economy and transform into
digitally empowered society
Focuses on making high speed internet available across the country
Improves citizen participation in digital and financial space and supports ease of business
Make India’s cyberspace more safe and secure.
Provides digital resources and services available in all India languages
Click here to visit
website
Swathi Kallesh
Pradhan Mantri
Kaushal Vikas Yojana
Launched in July 2015 is an initiative of the Ministry of Skill Development & Entrepreneurship
(MSDE)
Focuses on training the youth in industry-relevant skills and provide certification
Assessment and raining fees is borne by the Government
Individuals with prior learning experience or skills will also be assessed and certified under
Recognition of Prior Learning (RPL)
Enhances opportunities in securing a better livelihood and employability
Click here to visit
website
Swathi Kallesh
Few of the other initiatives
Atal Innovation Mission (AIM)
Stand-Up India
Trade-related Entrepreneurship Assistance and Development (TREAD)
Department of Science and Technology (DST)
Biotechnology Industry Research Assistance Council (BIRAC)
Support to Training and Employment Programme for Women (STEP)
Science for Equity Empowerment and Development (SEED)
Swathi Kallesh
Swathi Kallesh
Image and website courtesy: Google

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intitution_support.pptx

  • 2. Introduction The central and state governments supports entrepreneurial activities in various ways. Services like financing, technical guidance, equipment support, training, marketing and providing subsidy and grants are supported by several institutions. Swathi Kallesh
  • 3. Financial Institutions Industrial Development Bank of India (IDBI) Industrial Finance Corporation of India (IFCI) Small Industries Development Bank of India (SIDBI) National Small Industries Corporation Ltd (NSIC) These institutions provide financial support to promote and develop small industries and entrepreneurs. Swathi Kallesh
  • 4. State Small Industries Corporation (SSIC) Regional Rural Banks (RRBs) State Financial Corporations (SFCs) State Industrial Development Corporations (SIDCs) Cooperative Banks and Gramin Banks Swathi Kallesh
  • 5. Institutions for Technical Guidance District Industries Centres (DICs) Technical Consultancy Organisations (TCOs) Small Industries Service Institutes (SISIs) State Small Industries Development Corporations (SSIDCs) Industrial Development Corporation (IDC) Small Industries Development Organisation (SIDO) These institutions are set up to help entrepreneurs seek technical guidance and support for small scale industries Swathi Kallesh
  • 6. Institutions for Training Small Industries Service Institute (SISI) National Bank for Agriculture and Rural Development (NABARD) Council for Advancement of Peoples Action and Rural Technology (CAPART) District Industries Centre (DIC) These institutes are set-up one in each state to provide consultancy and training to small and prospective entrepreneurs Swathi Kallesh
  • 7. Support for Innovation and Entrepreneurship provided by Government of India Several initiatives and policies have been undertaken by the Government of India to support innovation and entrepreneurship. Job creation is one of the biggest challenge India faces. With the Indian demographic, we have a lot of potential to innovate, raise entrepreneurs and create jobs for the benefit of our nation. On the other hand, realizing the importance of women entrepreneurship, Government of India has ensured that all policies are providing equal opportunity for women. Women are given equal importance and support across several sectors. Swathi Kallesh
  • 8. Startup India Launched in Jan 2016 with a motive to support aspiring entrepreneurs Promotes entrepreneurship by mentoring, nurturing and facilitating startups ‘Fund of Funds’ help startups acquire access to funding Provides opportunity for startups to innovate and excel without any barriers Provides a comprehensive four-week free online learning program Has set up research parks, incubators and startup centres across the country Click here to visit website Swathi Kallesh
  • 9. Make in India The Make in India initiative was launched in September 2014. This was started to replace outdated and obstructive structure with transparent and user-friendly systems It was an invitation to potential partners and investors around the world to create opportunities in Indian manufacturing sector. This has led to new confidence in India’s capabilities among potential partners abroad, businesses within the country and citizens. This has helped get investments, promote innovation, develop skills, protect intellectual property and build best-in-class manufacturing infrastructure. Click here to visit website Swathi Kallesh
  • 10. Digital India This initiative was launched in July 2015 to modernize the Indian economy and transform into digitally empowered society Focuses on making high speed internet available across the country Improves citizen participation in digital and financial space and supports ease of business Make India’s cyberspace more safe and secure. Provides digital resources and services available in all India languages Click here to visit website Swathi Kallesh
  • 11. Pradhan Mantri Kaushal Vikas Yojana Launched in July 2015 is an initiative of the Ministry of Skill Development & Entrepreneurship (MSDE) Focuses on training the youth in industry-relevant skills and provide certification Assessment and raining fees is borne by the Government Individuals with prior learning experience or skills will also be assessed and certified under Recognition of Prior Learning (RPL) Enhances opportunities in securing a better livelihood and employability Click here to visit website Swathi Kallesh
  • 12. Few of the other initiatives Atal Innovation Mission (AIM) Stand-Up India Trade-related Entrepreneurship Assistance and Development (TREAD) Department of Science and Technology (DST) Biotechnology Industry Research Assistance Council (BIRAC) Support to Training and Employment Programme for Women (STEP) Science for Equity Empowerment and Development (SEED) Swathi Kallesh
  • 13. Swathi Kallesh Image and website courtesy: Google