Targeted at the Small and Medium Enterprises (SMEs) and with the intent of ending the cycle of poverty in developing economies, The Stanford Graduate School of Business (GSB) on Thursday said it is keen on setting up The Stanford Institute for Innovation in Developing Economies (Stanford Seed) in…
Tag: SME
Govt open to tweaking Start-up Policy | Jayant Sinha
The government is open to tweaking its start-up policy as it aims to encourage enterprenuers to start new companies and provide employment to a larger number of people, minister of state for finance Jayant Sinha said on February 10. “Policy making is a dynamic process. There are no full stops,” S…
South Indian firms keen to invest in Haryana
Chief Minister Manohar Lal Khattar said February 11 that several leading companies of South India had offered to invest in the state to the tune of Rs 3,000 crore. He was addressing a press conference after attending a meeting with entrepreneurs in Chennai , a press release by the government spok…
Facebook to train up MSMEs
Uttar Pradesh, home to an estimated 3 million Micro, Small and Medium Enterprises (MSMEs), is the newest hunting ground for online social networking giant Facebook, in India. In a one-of-its-kind initiative, Facebook and the UP government have got together to launch the ‘Boost your business’ prog…
Amazon India-Capital First tie-up to offer loans to SMEs
Much on the lines of its competitors, e-commerce giant Amazon Seller Services on February 8 launched a seller lending programme in India, enabling small & medium businesses on its platform to get working capital loans ranging from Rs 5 lakh to Rs 2 crore. Amazon has partnered with Capital Fir…
MSME Institute to help SMEs become PSU suppliers
Industrialists from Punjab looking to become registered suppliers of public sector undertakings (PSU), including organizations from defence, railways, and fertilizer sectors have a golden opportunity in their hands. Micro, Small, and Medium Enterprises Development Institute (MSME-DI), Ludhiana, w…
We caught on to the psychology of customers and offered lifestyle products | Vikram Somany, CMD, CERA
It has been about making the right moves at the right time for Ahmedabad-based Cera Sanitaryware. The Star SME award winner’s strategy to adapt to the latest industry trends appears to be working well. Seven years ago, Cera realised that it needed to graduate from being just a sanitaryware …
SMEs should enhance efficiency and profitability by leveraging technology | Rajasthan CM Vasundhara Raje
In a meeting with representatives of industries in the state, Rajasthan Chief Minister Vasundhara Raje Scindia called for change in the mind-sets of entrepreneurs to increase their profits and also add to the government’s revenue. She asked SMEs to increase efficiency and profit by using latest t…
Chhattisgarh Udyam Aakansha scheme for SMEs
Chhattisgarh government has launched ‘Udyam Aakansha’ Scheme for promoting Micro, Small and Medium Enterprises in the state. “The scheme would facilitate free online registration and self-certification to the investors interested in investment on micro, small and medium enterpri…
India-Australia to cooperate in rooftop solar
India and Australia may soon cooperate in roof top solar, which is gaining ground with several states putting in place regulation for net metering, an arrangement that gives credit for solar power generation. Renewable Energy Minister Piyush Goyal met his Australian counterpart Mark Bailey on Feb…