1. Institutions in Aid of
Entrepreneurs
Presented by:
Samiullah
Semester III (MBA – M52)
MONIRBA, University of Allahabad

2. Role of Government and other
Institutions
• In the area of creation the institutional
infrastructure for entrepreneurship
development, the first step of India
financial institutions was the
establishment of Entrepreneurship
Development Institute of India (EDII) in
1983, at Ahmadabad as a resource
organization at national level.

3. Role of Government and other
Institutions continued…
• The Central Government also established the
National Institute for Entrepreneurship and
Small Business Development (NIESBD) in the
same year i:e (1983) at New Delhi
• The government set up various institutions to
help entrepreneurs in the field of technique,
finance, market and entrepreneurial
development so that they help to accelerate and
adopt the changes in industrial development

4. Small Industries Development Organization
• Est. 1954
• Functions: Formulating policy for the
development of Small Scale Industries in the
country.
Provides extended support through
Comprehensive plan for promotion of rural
entrepreneurship
Institutions set up by Central
Government

5. Management development
Institute(MDI)
• Est. 1973
• Sponsored by: Industrial Finance Corporation
Of India
• Objectives
• Improving managerial effectiveness in the
industry
• Conducts management development programs
in various fields, It also includes programs for
Public Sector Undertakings such as IAS, IES,
BHEL and etc…

6. Entrepreneurship development
institute of India (EDI)
• Est. 1983
• Sponsored by: apex financial institutions i:e
the IDBI Bank Ltd., IFCI Ltd., ICICI Bank
Ltd. & (SBI)
• EDI has helped set up twelve state-level
exclusive entrepreneurship development
centers and institutes across the country

7. • One of the satisfying achievements, however, was
taking entrepreneurship to a large number of schools,
colleges, science and technology institutions and
management schools in several states by including
entrepreneurship inputs in their curricula.
• In the international arena EDI has earned accolades
and support from the World Bank, Commonwealth
Secretariat, UNIDO, ILO, British Council, Ford
Foundation, European Union, ASEAN Secretariat
and several other renowned agencies.
Entrepreneurship development
institute of India (EDI)

8. All India Small Scale Industries
Board(AISSIB)
• It's an Apex advisory body constituted to render
advise to the Government on all issues
pertaining to the small scale sector, with a
Central Government Minister as its president
and the representatives of various organization
i.e. Central Government, State Government,
National Small Industries Corporations, State
Financial Corporation , RBI,SBI, Small
Industries Board and NGOs such as Public
Service Commission, Trade and Industries
Members

9. National Institution of
Entrepreneurship and Small
Business Development(NIESBUD)

10. National Institution of Entrepreneurship and
Small Business Development(NIESBUD)
• Est. 1983
• The Delhi based NIESBUD is an apex body to
supervise the activities of various agencies in
the entrepreneurial development programs.
It is a society under Government of India
Societies Act of 1860.

11. Objectives
• To accelerate the process of entrepreneurship
development.
• To help and support agencies in carrying out
activities relating to entrepreneurship development
with greater success.
• To evolve standardized process of selection, training,
support and sustenance to potential entrepreneurs
• To provide functional forums for interaction and
exchange of experience.
National Institution of Entrepreneurship and
Small Business Development(NIESBUD)

12. National Institute of Small
Industries Extension Training
• Est. 1960 at Hyderabad.
Objectives
• Directing and Coordinating syllabi for training
of small entrepreneurs.
• Advising managerial and technical aspects.
• Organizing seminars for small entrepreneurs
and managers.
• Providing services regarding research and
documentation.

13. National Small Industries
Corporation Ltd. (NSIC)
• Est. 1995
Objectives
• Assisting the small industries in the
Government purchase programs.
• Provides a vast-market for the products of
small industries through its marketing
network.
• Assists the small units in exporting their
products in foreign countries.

14. Risk Capital and Technology
Finance Corporation Ltd.(RCTFC)
• Est. 1988 with an authorized capital of 15
crores Rupees
Objectives
• Provision of risk capital for the extension and
expansion of entrepreneurial development.
• Provision of Venture capital for the projects
with high techniques for technology
development and transfer.

15. Indian Investment Centre
• It is an autonomous organization established by
Central Government. Its main objective is to
assist in promoting foreign cooperation with
Indian entrepreneurs and providing necessary
information to foreign entrepreneurs.

16. Indian Institute of
Entrepreneurship(IIE)
• Est. 1953. it is an autonomous organization
by the Department of Small Scale Industries
and Agro and Rural Industries Its main
objective is to undertake research, training
and consultancy activities in the field of small
industry and entrepreneurship.

17. Role of Public Sector and
Development Banks

18. Role of Public Sector and
Development Banks
• Various development banks in India have
introduced “special capital” and “seed
capital” schemes to provide equity of
assistance new and technically skilled
entrepreneurs who lack financial resources of
their own.
• Development Banks have been actively
involved in identification and training of
potential entrepreneurs.

19. Role of Public Sector and
Development Banks Cont…
The important Forms of entrepreneurial
assistance are:
• Identifying potential entrepreneurs
• Identifying viable projects.
• Assisting in preparation of project profiles
• Helping in project evaluation.
• Arranging practical training.
• Financing the projects.

20. National Alliance of Young
Entrepreneurs(NAYE)
NAYE has sponsored number of entrepreneurial
development scheme in collaboration with various
public sector banks. The main objective of the
scheme is to encourage young entrepreneurs to
explore investment and self –employment
opportunities .It arranges for their training and
assists them in procuring necessary finance. In
1975 NAYE also set up a Women’s Wing to make
women self- reliant and to raise their status.

21. Institutions set up at State Level
Following are some prominent institutions
established at state level
• i) Small Industries Service Institute (SISI)
• ii) State Financial Corporation (SFC)
• iii) State Small Industries Corporation (SSIC)
• iv) District Industries Centers (DIC)
• v) Technical Consulting Organization Ltd. (TCO)
• vi) Industrial Directorates
• vii) Commercial and Cooperative Banks
• viii) State Industrial Development Corporation
• ix) Industrial Estates
• x) State Industries Corporation

22. Thank you