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Institutional Support For Entrepreneurship Development

NTSC, HYDERABAD

Entrepreneur

Entrepreneurship

Enterprise

Person

Process of Action

Object

WHO IS AN ENTREPRENEUR ?
Any one who starts the business is an

Entrepreneur.

(But starting a business is not the main component of the Entrepreneur).

WHO IS ENTREPRENEUR ?

A person who innovates, raises money, assembles inputs, chooses managers and get the organization growing with his ability to identify the opportunities which others are not able to identify and is able to make use of such economic opportunities.

Accepting Challenges Organisation

Decision-Making

Risk-Taking

Skilful Management

Innovation

Making the Enterprise a success

Entrepreneurship

ADMINISTRATIVE ABILITY ORGANISATION SKILLS

INTELLIGENCE
E N T R E P E N E U R CREATIVITY INNOVATION

CLEAR OBJECTIVE
BUSINESS SECRECY SOUND KNOWLEDGE EMOTIONAL STABILITY PUBLIC RELATIONS EFFECTIVE COMMUNICATION TECHNICAL KNOWLEDGE

Manufacturing Enterprises* Micro Rs. 25 Lacs Small Rs. 5 Crores Medium Rs. 10 Crores

Services Enterprises** Micro Rs. 10 Lacs Small Rs. 2 Crores Medium Rs. 5 Crores
* Investment limit in plant and machinery. ** Investment limit in equipments.
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MSMEs IN INDIA
Over 26 million MSMEs Employ 60 million People Give 45% of Industrial Production ^ Account for 40%+ of Exports ^^
NB: ^ 39% for MSEs / SSIs ^^ 33% for MSEs / SSIs

Institutional Support Structure for MSMEs in India


At Federal Level
1. Ministry of MSME 2. Development Commissioner (MSME-DI) 3. National Small Industries Corporation(NSIC) 4. IDBI 5. SIDBI 6. Khadi & Village Industries Commission(KVIC) 7. Coir Board 8. National Entrepreneurship Institutions

At State Level
1. Directorate of Industries 2. AP State Finance Corporation 3. AP Industrial Development Corporation 4. AP Industrial Infrastructure Corporation 5. Technical Consultancy Organisations 6. Entrepreneurship Development Institutions (EDIs)

MSMEs

Others
1. Industry Associations 2. NGOs 3. Banks/Financial Institutions

MSME MINISTRY
Ministry

of MSME is the nodal agency to coordinate and oversee all Government interventions.

Medium establishment has for the first time been

defined in terms of separate Act, governing promotion and development of Micro, Small and Medium Enterprises (MSME)

Development Commissioner MSME MSME Development Institutes


More than 30 MSME Development Institutes are there

all over India.


Cluster Development Programme
Credit

Linked Upgradation 9000/ISO Scheme

Capital

Subsidy

for

Technology

Credit Guarantee Scheme for MSMEs ISO

14001

certification

Reimbursement

Mini Tool Rooms for Training

Development Commissioner MSME


Testing, tool-making, Training for EDP, Project and product profiles, Technical and managerial consultancy, Assistance for Exports, Pollution and Energy Audit Services Advises Government in policy formulation for the promotion

and development of SSIs. The field offices also work as effective links between the Central and the State Governments.

ORGANISATIONAL STRUCTURE

Head Office

Zonal Offices (10) Branch & Other Offices (117)

NTSCs/NTSECs

(7)

Foreign Office(1) Software Technology Parks(2)

NSICs schemes are classified as under:

Marketing

Technology

Credit

Support Services

SUPPORT SERVICES
1. Performance and Credit Rating Scheme 2. International Cooperation 3. International Consultancies 4. Infomediary Services 5. Software Technology Parks 6. Incubation Centre for Small Enterprise Establishment 7. Exhibition Complex 8. Marketing Development cum Business Parks

INDUSTRIAL DEVELOPMENT BANK OF INDIA

(IDBI)

Apex institution for long term finance.

To coordinate the activities of institution working in this field. To provide technical & administrative support to the industries. To conduct R & D activities for the benefit of industrial sector.

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA

(SIDBI)
Direct & Indirect finance for small scale sector.

Timely credit to SSI units for Term loans and working capital.

Venture capital finance for SSIs.


Finances for Technology transfer & upgradation Quality improvement, exports, environmental care & rural industralization.

DISTRICT INDUSTRIES CENTRE

(DIC)
Single Window for Procedures and Formalities to start a venture.

Prepare Techno-Commercial Reports.


Guides Entrepreneurs in selection of Machinery, Equipment, Imports, Import Substitutes and Raw Materials. Conducting Industrial Potential Survey

AP STATE FINANCE CORPORATION

(APSFC)

TERM LOAN

Financial Assistance upto 5 Crores for land building &machinery. MSME - MTL Tie up with commercial banks for working capital upto 3 years.

AP STATE FINANCE CORPORATION

(APSFC)

OTHER SERVICES

Marketing of insurance products like LIC & GIC.


Fixed Deposit. Counselling of MBA students for projects.

Valuation of assets.
MOU with Institutions for EDP

AP INDUSTRIAL DEVELOPMENT

CORPORATION (APIDC)
Guidance and escort services to

Entrepreneurs (Medium & Large Scale Entrepreneurs)

Participation in Equity Capital

Term Loan
Bill Discounting Facility

Providing Guarantees
Venture Capital for IT Industries

AP INDUSTRIAL INFRASTRUCTURE CORPORATION (APIIC)


Development of Industrial Area Sector focused Industrial Parks like

Apparel/Food Processing/Leather Park etc.


Development of SEZs
Construction of Industrial Sheds

Ports Development

THANK YOU