Enrollment No.

:- 2101160258
Name :- Asavari Sunil Patil
Roll No. :- 26
Branch :- IF-5I
Semester :- 5th Semester
Practical 10
Aim:- Compile the information from financial agencies that will
help you set up your business enterprise.

Business Enterprise Title :- Electronic Vehicle Service

Management.
1. Describe the help provided by non-government agencies for
specified product/service.
Ans :-
• The help provided by Financial agencies is as follows :-
a. Venture Capital :- A venture capitalist is somebody who invests in a new
business venture. They provide capital either for expansion or a startup
business. Most of them work for venture capital firms and, therefore, do
not invest with their own money, but the firm’s money. The term may
also refer to a company that invests in new business ventures.
For Example, The term does not only refer to people but also companies.
Google Inc, for example, is a major venture capitalist. Its division, Google
Ventures, focuses on venture capital. Google Ventures also has a large
European arm, which the company set up with an initial investment of $100
million.
Europe, Google says, is teeming with good ideas and it would like to get in
there to support interesting startups. Many scientists and people with good
ideas prefer to approach a venture capitalist than to work in a large
company. If their idea becomes commercially viable, they make much more
money if they had set up a startup.

b. National Small scale Industries Corporation Subsidy :- Established in

1955, NSIC offers MSME’s two kinds of funding benefits :- Raw material
Assistance and Marketing Assistance. Any business qualifying as a micro and
small enterprise having EM Part – II (Optional ) / Udyog Aadhar
Memorandum (UAM) is eligible to register for this business loan scheme
under its Single Point Registration Scheme (SPRS).
Once Qualify, you can opt raw material assistance scheme where funding
for both indigenous and important raw material is covered under the
marketing support, you can avail funds and music to enhance your
competitiveness and the market value of your offerings. The NSI see also
overlooks the functioning of MSME and support it in its endeavor to enrich
production and quality.

Conclusion :- Hence we learn about many financial agencies that will help
us set up our business enterprise

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