Establishment of specialized institutions at national and state level Establishment of district industry centers (DICs) Introduction of entrepreneurship courses Financial support provided by the government, development banks, and nationalized public sector banks Funding support to conduct seminars/workshops and industrial potential surveys Institutional support system for ED
Headquartered at Hyderabad, was set up in 1956 to develop required manpower for running SSI in the country Functions:
To impart training to the persons engaged in SSI sector Undertake EDPs/MDPs for entrepreneurs Undertake research studies relating to small scale sector Provide consultancy to small and medium scale entrepreneurs Conducting short-term courses for business management, industrial management, and export-management for entrepreneurs and other officers working in the sector
Act as national resource institution committed to investment promotion, entrepreneurship education training and research Interact with developing countries and help them in capacity-building programmes for industrial development Organize cross-cultural programmes to promote entrepreneurship among small and medium enterprises of India and Europe Conduct EDPs through openlearning/distance learning programmes
EDI has received support from World Bank, ILO, Commonwealth Secretariat, European Union and several other agencies Cover entrepreneurship and investment promotion related training programmes EU economic cross cultural programme Entrepreneurship Training and information Exchange for Small Business in India and Europe (ENTRIXIE)- EDI is a partner-
Institute of Entrepreneurship Development (IED) & Center for Entrepreneurship Development (CED) in India
To give special attention to ED and industrial development in backward states, IDBI in association with other financial institutions and state govt. IEDs have been established in Uttar Pradesh, Bihar, Orissa, and Madhya Pradesh
Functions of IED
Act as the nodal center for ED activities in the state Organize and conduct EDPs, MDPs, training of trainers, and training programme for PMRY beneficiaries Identify, train and assist potential entrepreneurs amongst technical and non-technical personnel in setting up venture for self employment
Undertake industrial potential survey Undertake documentation and research Conduct workshops, seminars, and conferences Provide consultancy services to the entrepreneurs Publish magazines, newsletters Provide a forum for interaction and exchange of views with agencies engaged in entrepreneurial activities
Number of CEDs were established to train various target groups These CEDs are akin to IEDs and their functions are similar
Functions of DICs
To undertake industrial potential survey and to identify variety of feasible ventures Prepare and keep model project profiles for future reference of entrepreneurs Prepare action plan to effectively implement various schemes Guide entrepreneurs in matters relating to selecting the most
Functions of DICs
Provide guidance for appropriate loan amount and documentation Assist entrepreneurs for availing land and shed Appraise worthiness of project proposals received from entrepreneurs Help entrepreneurs in obtaining required licenses/permits/clearances To act as nodal agency for the