Many banks have established a separate internal segment to cater to the needs of start-up entities, as they see value in building a relationship with some of these expected to become large companies in years to come. “For the first time in our country, entrepreneurship is being promoted in …
Tag: Entrepreneurship.
PM Modi to launch Stand Up India programme in April
After the launch of the Start Up India programme, the government is now gearing up for Stand Up India, which mandates each bank branch to provide one loan to a Dalit or a borrower categorised as scheduled tribe or scheduled caste, and the other to a woman entrepreneur. While the scheme is already…
IIIT-Delhi receives Rs 1.5 crore seed funding from Delhi Govt
The Indraprastha Institute of Information Technology, Delhi (IIIT-D) has received funding of Rs 1.5 Crore from the Delhi government as per its incubation policy to promote entrepreneurship in the Capital. “The fund will be used to assist students aspire to become entrepreneurs. We positivel…
Rs. 100 crore earmarked under ASPIRE scheme by MSME Ministry
While addressing a press conference held on 8th March at New Delhi, Union MSME Minister Kalraj Mishra hailed Budget 2016 and informed that a sum of Rs. 100 crore has been earmarked under ‘A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship’ (ASPIRE). The government is keen…
‘Job seekers’ become ‘Job providers’ at NSIC Incubation Centers | Ravindra Nath, CMD, NSIC
Prime Minister Narendra Modi’s mission to convert job seekers into job creators has been truly put to practice by the National Small Industries Corporation that nurtures close to 60 thousand budding entrepreneurs every year. NSIC Training-cum-Incubation Centres, now numbering 110 across country, …
WASME has been building a synergistic global network to catalyze growth of MSMEs | Sampa Banerjee | ED, WASME
Founded in New Delhi in 1980 World Association for Small and Medium Enterprises (WASME) has established itself as the premier international organisation supporting MSMEs. It is probably the first Indian global civil society organization representing small & medium enterprises at the global la…
SME Matters | Time to celebrate & enable small!
Size does matter! Size brings scale and scale generally brings growth and profitability. This economic maxim is not only time tested and trusted but universally lauded. There, however, are other well bred but grossly ignored truths that define the handsome strides made by the Indian economy in re…
NITI AAYOG for easier start-up norms
The NITI Aayog has called upon the government to further improve the ease of doing business, to boost the culture of start-ups in the country. It also released the report of an Expert Committee on Innovation and Entrepreneurship. The report said the government should digitise all its departments …