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.



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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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Business loans without collateral

Posted by on Jan 20, 2011 in EPM World, Government Schemes, Project Finance, Loans | 90 comments

Business loans can be availed even without any collateral security under CGSME and PMEGP. I have compiled a list of loans available, eligibility to avail the loans and other important details in that regard.

(click on the image for a better view)

Govt. of India support to MSE sector

Small Industry Loans without Collateral


Loans without collateral security
Compiled by http://www.blog.epmworld.in Credit Guarantee Scheme for Micro and Small Enterprises (CGSME) Prime Minister Employment Generation Programme
Eligible borrowers New and existing Micro Entrepreneurs engaged in manufacturing or service activity excluding Retail Trade. Any individual above 18 years of age.
For existing units banks can sanction loans under CGTMSE towards term loan or renewal of working capital facilities. For more info pl. visit the website http://www.pmegp.in
Eligible businesses Any manufacturing or Service unit not in the negative list. Any industry not covered in the negative list.
Credit / Financial assistance INR 100 lakhs INR 25.00 lakhs for manufacturing sector.
Fund and non-fund based.Non fund based could be Letter of credit or BG. INR 10.00 lakhs for service sector.
Co-financing Borrower can avail joint financing by two institutions like SIDBI, NSIC, Any Member Lending Institution (Banks)subject to the credit sealing. NA
Loan tenure 7 years 3 to 7 years
Compiled by http://www.blog.epmworld.in
Annual service fee 0.75% of sanctioned credit facilities. Consult Bank
Annual service fee exemption at the bank’s discretion. To women entrepreneurs, MSE loans up to 10.00 lakhs and eligible borrowers in North Eastern Region and J&K in excess of 0.25%. Consult Bank
Guarantee fee 1% of sanctioned credit facilities. One time payment. Consult Bank
Borrower’s contribution As suggested by the bank.Generally the debt:equity ratio would be at 3:1 i.e. borrower should be able to bring in 1/4 of loan amount. General category at 10%.
SC/ST/OBC/Minorities/Women/Ex-servicemen, Physically handicapped, NER, Hill and Border area at 5%.
Subsidy As applicable to respective industry from 5% to 50%. General category (i) 25% for Rural area and (ii) 15%% for Urban area.
SC/ST/OBC/Minorities/Women/Ex-servicemen, Physically handicapped, NER, Hill and Border area. (i) 35% for Rural area and (ii) 25% for Urban area.
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Benefits to MSE sector in Andhra Pradesh

Posted by on Jan 17, 2011 in Business, EPM World, Government Schemes, Self-employment, Start-up business | 0 comments

Government of Andhra Pradesh through its Industrial Investment Promotion Policy (IIPP 2010-2015) has provided several incentives for Micro, Small and Medium Enterprises.  The provisions read along with the PMEGP and CGF schemes will help new entrepreneurs realize their dreams to gain self employment.  I have tried to compile the benefits.  May please visit http://www.industries.apcgg.gov.in for more information or raise your query herein so that I will try to attend to it to help you setting up your own business.

Incentives to setup business in AP

Business Guide

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