Entrepreneurship Development Meet

Posted by on Feb 14, 2011 in | 35 comments

Entrepreneurship Development Training & Mentoring to Entrepreneurship Development Cells in Universities & Colleges and other individuals:

Entrepreneurship has been recognized as the panacea for creating mass employment. Government of India and State Governments offer several incentives, subsidies and loans under Prime Minister Employment Generation Programme (PMEGP) and Credit Guarantee Fund Scheme (CGFT) to encourage youth, women and everyone to achieve self-employment and create further employment opportunities. PMEGP & CGF schemes provide security / collateral free loans up to INR 100.00 lakhs. We can support the EDC wings of Universities and Colleges to rightly enlighten the opportunities to the college students so that it will encourage more innovations from the campus.

We provide entrepreneurship training and mentoring focusing on:

  • Young entrepreneurs – the Creative force in employment generation
  • Opportunities in various industry sectors
  • Role of Government in entrepreneurship development – State & Central Schemes
  • Detailed processes in setting up a new business
  • Banks – the driving force in entrepreneurship development
  • Project Finance by Banks and VC firms
  • Questions & Answers

The session inputs will benefit:

  • Individuals who are looking to setup their own business.
  • First generation entrepreneurs who would like to know about the financial, marketing and technology support available from Government and Banks for expansion and achieving sustenance.
  • Entrepreneurs who are in the process of expanding their existing business.
  • Consultants who guide and support startup ventures.

The need to take entrepreneurship:

There is every need for taking up entrepreneurship as a revolution.  Next to Indian farmers, the small entrepreneurs are the major backbone to Indian economy.  Self-employment generates parallel employment opportunities.  Entrepreneurship is like a root sprout and everyone should nurture it for its un-prohibited growth

Benefits to the participants of our training:

  • Enlightens the participants on the important opportunities in various industry sectors.
  • Provides the participants first hand information on the lending institution’s approach in supporting new ventures.
  • Provides first hand information from the policy regulators on the State and Central government schemes for MSE sector.
  • Provides interactive platform where the participants could seek clarifications on various issues related to start-up ventures.
  • Enables participants register their interest towards receiving later support in their pursuit.

http://www.blog.epmworld.in

 

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Project finance eligibility

Posted by on Feb 2, 2011 in Business, EPM World, Government Schemes, Project Finance, Loans | 1 comment

In line with my New Year resolution to help the prospective entrepreneurs, I have contributed herein my own thoughts on various important approaches towards realizing entrepreneur dream.  I have also provided links to government provisions regulating loans and subsidies and produced certain policy provisions of PMEGP & CGF.

I have drawn a table giving various heads of costs involved in the project finance (loan / investment) and general approach by banks in appraising loan eligibility.

project finance eligibility


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MSE, SSI – Who?

Posted by on Jan 28, 2011 in EPM World, Government Schemes, Self-employment | 1 comment

I have posted several of my writings besides compilation of policy provisions related to MSE, SSI sectors.  The one important thing in the context is the definition of MSE, SSI as per Government of India.  This definition applies in extending all the benefits to respective ventures.

mse ssi


Manufacturing sector
Micro enterprises does not exceed Rs. 25 lakh
Small enterprises More than Rs. 25 lakh but does not exceed Rs. 5 crore
Medium enterprises More than Rs. 5 crore but does not exceed Rs. 10 crore
Service sector
Micro enterprises does not exceed Rs. 10 lakh
Small enterprises More than Rs. 10 lakh but does not exceed Rs. 2 crore
Medium enterprises More than Rs. 2 crore but does not exceed Rs. 5 crore
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