Entrepreneurship & small

Business Management(ESBM)

Presented By-
Mr. Rasmi Ranjan Mishra
U.N (A) College of Sc.& Tech.
Institutional Aid provided for Entrepreneurs
There are several organizations engaged in conducting
entrepreneurship development programmes in India.
The lead in the matter was given by Small Industries
Development Organization through its small
industries service centers.
In the area of creation of Institutional infrastructure
for entrepreneurship development the first step of
Indian Financial Institution including IFCI was the
establishment of Entrepreneurship Development
Institute of India (EDII) in March 1983 at Ahmadabad
as a resource organization at the national level. The
cent. Govt. also established in the same year
National Institute for Entrepreneurship and Small
Business Development (NIESBUD) at New Delhi with
the objective of coordinating activities related to
Entrepreneurship and small business development.
In addition, institutions established by Govt. are
Rural Entrepreneurship Development Institute (RED)
at Ranchi in 1983, Rural Mgt. & Mgt. centers
(RM&MC) at Maharashtra and Training cum
Development centers aim at increasing interaction
between Entrepreneur and enterprise.
Other Organizations that have been conducting
entrepreneurship development programmes are SBI,
IDBI, Entrepreneurship Motivation and Training
Centre, Xavier Institute of Social Science in Ranchi,
Centre for Entrepreneurship Development,
Ahmadabad, State Financial Corporations, National
Science and Technology Entrepreneurship
Development Board etc.
National Institute for Entrepreneurship and Small
Business Development (NIESBUD)
Established in 1983 by the then Ministry of Industry
[now Ministry of Micro, Small & Medium Enterprises
(MSMEs)], Government of India• An apex body for
coordinating and overseeing the activities of various
institutions/agencies engaged in Entrepreneurship
Development• In the area of small industry and small
business. This Institute is registered as a Society under
Societies Registration Act, 1860 (XXI of 1860), started
functioning from 6th July, 1983.
The policy, direction and guidance to the Institute is
provided by its Governing Council whose Chairman is
the Minister of MSME.• The Executive Committee
consisting of Secretary (Micro, Small & Medium
Enterprises) as its Chairman and Director General of
the Institute as its Member- Secretary executes the
policies and decisions of the Governing Council
through its whole-time Director General.
Objectives
a) To evolve standardized materials and processes for
selection, training, support and sustenance of
entrepreneurs, potential and existing.(b) To
help/support and affiliate institutions/organizations in
carrying out training and other entrepreneurship
development related activities.(c) To serve as an apex
national level resource institute for accelerating the
process of entrepreneurship development ensuring its
impact across the country and among all strata of the
society. (d) To provide vital information and support
to trainers, promoters and entrepreneurs by
organizing research and documentation relevant to
(e) To train trainers, promoters and consultants in
various areas of entrepreneurship development.(f) To
provide national/international forums for interaction
and exchange of experiences helpful for policy
formulation and modification at various levels. (g) To
offer consultancy nationally/internationally for
promotion of entrepreneurship and small business
development.(h) To share internationally, the
experience and expertise in entrepreneurship
development.
Programmes initiate of Entrepreneurship sponsored by
the NIESBUD are constantly evaluated and revised to suit
the changing needs in the area of Entrepreneurship and
small business development.
Entrepreneurship Development Institute of India (EDII)
• The Entrepreneurship Development Institute of India
(EDI or EDII) is a non- profit organization dedicated to
promote entrepreneurship that is based in Ahemadabad,
Gujarat, India.• It was founded in 1983 with the
sponsorship of the Industrial Development Bank of India
(IDBI), the Industrial Finance Corporation of India (IFCI),
the Industrial Credit and Investment Corporation of India
(ICICI) and State Bank of India (SBI).
• EDI runs a range of educational programs in the field
of entrepreneurship including a 2 year Post Graduate
Diploma in Management (PGDM) program for first
generation entrepreneurs, family business inheritors,
agri-business, and non- governmental organization
management.
Functions of EDII
• Creating a multiplier effect on opportunities for self-
employment,• Augmenting the supply of competent
entrepreneurs through training,• Augmenting the
supply of entrepreneur trainer-motivators,•
Participating in institution building efforts
• Inculcating the spirit of Entrepreneurship in youth,
• Promoting micro enterprises at rural level,
• Developing new knowledge and insights in
entrepreneurial theory and practice through
research,• Facilitating corporate excellence through
creating intrapreneurs,• Improving managerial
capabilities of small scale industries,• Sensitizing the
support system to facilitate entrepreneurs establish
and manage their enterprises,• Collaborating with
organizations to accomplish the above objectives.
Small Industries Service Institute (SISI)
MSME - Development Institute, (MSME- DI) (Formerly
Known as Small Industries Service Institute)
maintains a close liaison with the state industries
department, Financial Institutions, Voluntary
Organizations and other agencies concerned with
the entrepreneurial development.• There are 28
SISIs and 30 branches of SISIs are set up all over the
country.
Functions of SISI
• Serve as an interface between central and state
governments.
• Rendering technical support services.
• Conducting EDPs.
• Initiating Promotional Programs. It maintains an
effective linkage is maintained with DIC’s for
providing the techno- economic and managerial
consultancy.
• District Industries Centers (DICs)
These were started on May 8, 1978, with a view to
provide an integrated administration framework at
the district level for the promotion of SSI in rural
areas.
• The organizational structure of DICs consists of one
general manager four functional managers and
three project managers to provide Technical
Services.
Functions of DIC’s
• Conducting industrial potential surveys keeping in
view the availability of resources in terms of
material and human skills, infrastructure, demand
etc.
• Preparing an action plan for effective
implementation of the schemes identified.
• To guide entrepreneurs to select most appropriate
machinery and equipments etc.
• National Entrepreneurship Development Board
(NEDB)
It devises and recommends to the Government, the
schemes for promotion of entrepreneurship, for
encouraging self- employment in small scale
industries and small business. The Board also
recommends suitable facilities and incentives for
entrepreneurship training.
National Entrepreneurship Development Board
(NEDB)Identify & remove entry barriers for potential
entrepreneurs.Focus on existing entrepreneurs and
identify and remove constraints to survivals &
growth.Facilitate the growth and diversification of
existing entrepreneurial venture in all possible ways.
Functions of NEDB
• Support skill up-gradation and renewal of learning
processes among entrepreneurs and managers.
• Support agencies in the area of entrepreneurship
about the current requirement of growth.
• To act as catalyst to entrepreneurship development
by supporting and strengthening state level
institutions for entrepreneurship development.