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CREATING AN ENTREPRENURIAL MINDSET

Financial
Institutions
supporting
Entrepreneurship.
-DEEPANSHI AHUJA (10) & SAURABH SHARMA (20).
What is Entrepreneurship is the act of creating a

Entrepreneurship?
business or businesses while building and

scaling it to generate a profit.

A company that provides financial services, for

What are Financial example, a bank, an insurance company, or an

investment fund.

institutions?
How these
financial
institutions are
supporting
entrepreneurship? The Role of financial institutions in supporting entrepreneurial

success in one of a very important emerging economy in the Middle

East, Egypt. Also focuses on different tools used by either

governmental or non-governmental agencies that contributes to

help entrepreneurs starting their jobs, and as a result, achieving the

sustainable development goals (SDGs).

A number of support institutions set up by central and state

governments help the entrepreneurial activities in various ways. The

activities cover a wide range of services li financing, technical

guidance, equipment support, training, marketing and providing

subsidy and grants. The following institutions are available for

providing the above mentioned benefits.


List of important institutions that are helping
Indian entrepreneurs by providing financial
supports.

i. Industrial Development Bank of India (IDBI)


ii. Industrial Finance Corporation of India (IFCI)
iii. Small Industries Development Bank of India (SIDBI)
iv. National Small Industries Corporation Ltd (NSIC)
v. State Small Industries Corporation (SSIC)
vi. Regional Rural Banks (RRBs)
vii. State Financial Corporations (SFCs)
viii. State Industrial Development Corporations (SIDCs)
ix. Cooperative Banks and Gramin Banks
Institutional Support
System for
Entrepreneurs.

1. Central Government

2. State Government

3. Non-Government Support System

4. District Industries Centres (DIC).


START-UP INDIA

Startup India Scheme is an initiative by the

Government of India for generation of

employment and wealth creation. The goal

of Startup India is the development and

innovation of products and services and

increasing the employment rate in India.


STAND-UP INDIA

The objective of the Stand-Up India

scheme is to facilitate bank loans between

10 lakh and 1 Crore to at least one

Scheduled Caste (SC) or Scheduled Tribe

(ST) borrower and at least one woman

borrower per bank branch for setting up a

greenfield enterprise.
PM YUVA YOJNA

Pradhan Mantri YUVA Yojana (Yuva

Udyamita Vikas Abhiyan) is a is a centrally

sponsored Scheme on entrepreneurship

education and training being implemented

by the Ministry of Skill Development and

Entrepreneurship, Government of India.


CASE STUDY
Women entrepreneur‘s explore the prospects of

starting a new enterprise; undertake risks,

introduction of new innovations, coordinate

administration and control of business and

providing effective leadership in all aspects of

business and have proved their footage in the

male dominated business arena.

A woman besides being weighed down by

family and societal pressure, lack of financial

assistance is one of the biggest challenges that

she needs to face. Finance is the lifeblood of

any enterprise and in absence of adequate

financial aid, it becomes invariably impossible

for any business to sustain.


Funding sources for women entrepreneurs

arranging for finance is one of the top hurdles

women face when wanting to start-up a small

business in India. According to some reports,

few women entrepreneurs in India seek big-

ticket funding from financial institutions. They

depend instead on their savings, limiting the

potential to scale their businesses. Six out of

ten women entrepreneurs started their business

with a capital of under Rs. 1 lakh, a majority of

which used personal funds and savings were

used to start the business.

Several nationalized banks in India have special

schemes for promoting entrepreneurship,

especially enterprises owned by women. For a

woman to benefit under such a scheme, she

should have a minimum of 50% ownership in the

company.
Some Schemes for Women
Entrepreneurs
THANKYOU!!!

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