BPEM ASSIGNMENT@5

1. Entrepreneurship Development Institute of India.

-Objectives
 The primary objective of the Institute is to promote entrepreneurial culture
and entrepreneurship in the society through well planned interventions for
different segments of the society and to contribute towards
economic development of the state.
 Creating a multiplier effect on opportunities for self-employment,
 Augmenting the supply of competent entrepreneurs through training\

-Functions

 Creating a multiplier effect on opportunities for self employment

 Participating in institution building efforts
 Inculcating the spirit of ‘entrepreneurship’ in youth
 Promoting micro enterprises at micro level.

2. The National Institute for Entrepreneurship and Small

Business Development
-Objectives

 Understand the entire process of planning and organizing EDPs

 Enable design and strategise programmes for achieving appreciable success

-Functions

 Evolving effective training strategies and methodology

 Standardising model syllabi for training various target groups.
 Formulating scientific selection procedures
 Developing training aids, manuals and tools.

3. Maharashtra Centre for Entrepreneurship Development

-Objectives
 To promote entrepreneurship in the backward region of Maharashtra State.
  To organize lectures , discussion, exhibitions and training programs to promote
entrepreneurship.

-Functions

 Provides basic study training.

 Training of submission of the proposal to the sponsoring agency.
 Programme announcement in local newspapers and Radio, TV etc.
 Meeting with local bodies’ corporation and agencies, DIC officials / local associations

4. Small Industries Service Institutes (SISI)

-Objectives
 Initiating steps for technological upgradation and modernization of existing units.
 Expanding the channels for marketing the products of the small scale sector.
 Promotion of employment-oriented industries.
 
Functions:
 Assist existing and prospective entrepreneurs
 Conduct EDPs all over the country
 Testing of raw materials and products of SSIs. 
 Financial assistance. 
 Conduct economic and technical surveys.
 Market information

5. Industrial Finance Corporation of India:

-Objectives
 The main objective of IFCI is to provide medium and long-term financial assistance to
large scale industrial undertakings, particularly when ordinary bank accommodation
does not suit the undertaking or finance cannot be profitably raised by the
concerned issue of shares.
-Functions:
 The corporation grants loans and advances to industrial concerns.
 Granting of loans both in rupees and foreign currencies.
 The corporation underwrites the issue of stocks, bonds, shares etc.
 The corporation can grant loans only to public limited companies and co-operatives
but not to private limited companies or partnership firms.

6. National Small Industries Corporation:

 
-Objectives:
 To enhance reach of the Corporation resulting in growth in its business
  To achieve operational efficiency and self-sustenance by attaining better productivity
and profitability.
 To upgrade the professional skills of all employees keeping in pace with business
needs

-Functions:
 Provide machinery on hire-purchase scheme to small-scale industries.
 Provide equipment leasing facility.
 Help in export marketing of the products of small-scale industries.
 Participate in bulk purchase programme of the Government.

 
7. Management development Institute (MDI)

-Objectives
 Enhancing professional competence in areas of management
 Developing a general management perspective form the standpoint of a total
enterprise

-Functions
 Enhance their understanding of the potential role of Marketing Strategy in their
organizations
 Gain greater awareness of how to link Marketing with Business Strategies to achieve
competitive advantage
 Understand and explore the current as well as evolving needs of different target markets
and target groups
 Get acquainted with Global Marketing Practices in a cross-cultural context; practices that
would increase Market Growth Options for their organizations To get acquainted with the
formulation and implementation of innovative strategies to exploit growth options in global
market.