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Assignment No : 07

Title: Compile the information from the financial agencies that will help you set up
your business enterprise

1) Small Industries Development Bank of India (SIDBI):

SIDBI is a government-owned financial institution that provides financing and support to small and
medium enterprises (SMEs) in India. They offer a range of services, including term loans, working
capital loans, and equipment financing. SIDBI also provides credit support to startups and early-stage
businesses.
The Small Industries Development Bank of India (SIDBI) is a financial institution created by the
Indian government in 1990 to promote and finance small and medium-sized enterprises (SMEs) in
the country. It is headquartered in Lucknow, Uttar Pradesh.
SIDBI provides various financial products and services to SMEs, such as term loans, working capital
loans, equipment financing, microfinance, venture capital, and other customized financial solutions.
It also offers advisory and support services to SMEs in areas such as technology, marketing, and
export promotion.

2) National Small Industries Corporation (NSIC):

NSIC is another government-owned company that provides support and services to small
businesses. They offer various programs and schemes, including marketing support, technology
upgradation, and raw material assistance.
The National Small Industries Corporation (NSIC) is a public sector enterprise established by the
Indian government in 1955 to promote and support the growth of small businesses in the country. It
is headquartered in New Delhi.
NSIC provides a range of services to small and medium-sized enterprises (SMEs), including
marketing assistance, technology support, financial assistance, and other support services such as
training and development programs. It also facilitates the procurement of goods and services from
small enterprises by government agencies and large private sector companies.
3) Startup India:

Startup India is an initiative launched by the Indian government to support startups and promote
entrepreneurship in the country. They offer various programs and incentives, such as tax benefits,
funding opportunities, and mentoring support.
Startup India is an initiative launched by the Indian government in 2016 to promote and support the
growth of startups in the country. The program aims to create a conducive environment for startups
by providing various incentives and support services, including funding, mentorship, and incubation
facilities.

4) Reserve Bank of India (RBI):

RBI is the central bank of India and regulates the banking and financial sector in the country. They
provide guidance and regulations on various financial matters, such as foreign exchange, interest
rates, and monetary policy.
The Reserve Bank of India (RBI) is the central bank of India and was established in 1935. It is
responsible for the regulation and supervision of the financial sector in India, including banks, non-
banking financial companies, payment systems, and other financial institutions.

5) National Stock Exchange (NSE) and Bombay Stock Exchange (BSE):

NSE and BSE are the two major stock exchanges in India. If you plan to raise capital through the
sale of securities, you canlist your company on these exchanges and sell shares to investors.
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) are the two major stock
exchanges in India. They provide a platform for companies to raise capital by offering their shares to
the public through initial public offerings (IPOs) and subsequent listing on the exchange.
The NSE was established in 1992 and is headquartered in Mumbai. It is the largest stock exchange in
India in terms of market capitalization and trading volumes. The NSE operates on a fully automated
screen-based trading system, which enables investors to trade electronically without the need for
physical presence on the trading floor.

6) Indian Angel Network (IAN):


IAN is an angel investment network that provides funding and mentoring support to startups and
early-stage businesses. They have a network of investors and mentors who can provide guidance on
business strategy, marketing, and fundraising.
The Indian Angel Network (IAN) is a leading angel investor group in India that was founded in 2006.
It is a network of angel investors, successful entrepreneurs, and business leaders who invest in and
mentor early-stage startups in India.

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