7.

Financing Options: Evaluate financing options, such as loan_, equity

their terms and conditions to determine
Investments, or grants, and assess
the most suitable funding sources.
scenarios and factors that may
8. Sensitivity Analysis: Consider different changes in costs,
impact the project's financial performance, such as
revenues, or market conditions.
associated with the project and
9. Risk Assessment: Identify financial risks Consider factors like market
develop strategies to mitigate those risks.
volatility, currency fluctuations, and interest rate changes. financial and
to
10.Regulatory Compliance: Ensure that the project adheres tax considerations,
regulatory standards and requirements. This includes and regulations.
accounting practices, and compliance with relevant laws
assessments are essential steps
Both technical feasibility and financial viability
in the project or business development process. They help stakeholders make
likelihood of a successful
informed decisions, minimize risks, and increase the
feasible but also financially
outcome. A project must not only be technically
sustainable to achieve long-term success.

Unit ii. entrepreneurship support systein.

Industries Development Bank
Small scale industrial bank of India. The Small
in India that primarily
of India (SIDBI) is an important financial institution and medium-sized
focuses on the development and promotion of small of Parliament as
enterprises (SMEs). It was established in 1990through an Act
Development Bank of India (IDBI).
a wholly-owned subsidiary of the Industrial
Here are some key aspects of SIDBI:

Mandate and Objectives:

proote, Poleoe
1. Promotion and Financing: SIDBI's main objective is to
finance, and develop the MSME sector in India. It provides various
financialand non-financial services to these enterprises.
2. Refinancing: It acts as a refinancing agency for banks, financial
institutions, and state-level financial corporations that provide credit to
SMEs. This helps ensure that SMEs have access to affordable credit.
3. Entrepreneurial Development: SIDBI supports entreprenership
developmnent through training programs, skill development initiatives,
and capacity-building efforts.
 institutions (MFIs) and
4. Mierofinance: SIDBI promotes microfinance semi-urban
helps extend microcredit to small entrepreneurs in rural and
areas.
in the equity of small-scale
5. Equity Participation: SIDBI participates selected
Industries by taking an ownership stake in ventures, fostering
their growth.
adoption of nodern
6. Technology Upgradation: The bank encourages the their
technology and innovation among MSMEs to enhance
competitiveness.
Products and Services: SIDBI offers various financial and non-financial
products and services to small and medium-sized enterprises, including:

1. Direct Finance: Providing tern loans, working capital financing, and

various credit facilities to eligible MSMEs.
financial
2. Indirect Finance: Extending re finance support to banks and
institutions to encourage lending to MSMEs.
to help SMES
3. Credit Guarantee: SIDBIoffers credit guarantee schemes financial
and
access credit by providing a partial guarantee to banks
institutions.
support
4. Venture Capital: SIDBI provides venture capital and risk capital
to innovative and growth-oriented small enterprises.
5. SME Rating: It offers credit rating services to help SMEs improve their
creditworthiness.
6. Bill Discounting: Facilitating bill discounting services to address
working capital needs.
7. Credit Facilitation: Assisting SMEs in accessing credit from banks and
financial institutions.

Development Initiatives: SIDBI is involved in various developmental

initiatives that include:

1. MSME Development Institute: Operating a network of MSME

development institutes across India to provide training, advisory, and
support services to small enterprises.
2. SIDBI Foundation for Microcredit: Supporting microcredit institutions
and self-help groups to extend financial services to underserved regions.
3. Technology and Innovation Promotion: Encouraging the adoption of
modern technology and innovation among MSMEs through initiatives
like the Technology Bureau for Small Enterprises (TechBSE).
 4. Credit Linked Capital Subsidy Scheme (CLCSS): A scheme aimed at
lacilitalng lechnoogy upgradation of nnicro and small enterprises by
providing capital subsidy onmachinery and equipnent.
5. Digital MSME Scheme: Promoting digital technology adoption among
MSMEs.
SIDBTplays acrucial role in the development of small and medium-sized
cnteprises in India by providing financial and non-financial support. It is an
Imporant nsitution for entrepreneurs and businesses in the country seeking to
establish or expand ttheir operations in the MSME sector.
Small industries service institute.
The Small Industries Service Institute (SISI) is an Indian government initiative
aimed at promoting and supporting small-scale industries and businesses in the
country. These institutes play a vital role in the development and growth of
the
smalland micro-enterprises, which are often referred to as the backbone of
Indian econOmy.

The objectives of Small Industries Service Institutes include:

. Training and Skill Development: They offer various training programs

skills
to entrepreneurs and workers in small industries to enhance their
and knowledge, enabling them to run their businesses more effectively.
2. Technical Consultancy: SISIs provide technical consultancy services to
small business owners to address issues related to product development.
quality improvement, technology upgradation, etc.
3. Market Research and Promotion: These institutes assist small
industries in market research, identifying potential markets, and
promoting their products and services.
4. Entrepreneurship Development: They conduct programs to nurture and
develop entrepreneurship skills among individuals who want to start their
oWn small businesses.
5. Assistance in Finance: SISIs help small business owners in obtaining
financial support and guidance on various government schemes and
subsidies available for small industries.
6. Information and Documentation Services: They maintain a database of
information related to various aspects of small industries, which can be
aceessed by entrepreneurs and businesses.
7. Quality Improvement and Certification: SISIs guide snallindustries
in improving the quality of their products and help then obtain
certifications and standards compliance.
 23
8. Teehnology Upgradation: They facilitate the adoption of modern
technologies and provide support for technology upgradation in small
industries.
assistance to small
9. Export Promotion: SISIs offer guidance and international markets.
businesses looking to export their products to
industry
10.Cluster Development: They encourage the formation of
clusters, which can lead to increased efficiency and competitiveness
among smallenterprises.
established by the Ministry ol
Small Industries Service Institutes are typically in India. There are several
Micro, Small, and Medium Enterprises (MSME)
catering to the specific needs of
SIS0s located throughout the country, each play a significant role in the
Small industries in its region. These institutes and contribute to economic
development and sustainability of small businesses
growth and employment generation.
corporation.
and exportabbreviated
State snnall industriesCorporation, often as SSIEC, is
State Small Industries and Export
organization typically established at the state level in India to promote and
an their participation in international
support small-scale industries and facilitatestructure of such organizations may
name and
trade and exports. The specificanother, SSIEC.
from one Indian state to and not all states have a dedicated
vary SSIECs are generally similar
However, the primary objectives and functions of and other agencies aimed
Institutes (SISIs)
to those of Small Industries Service
enterprises (SMEs).
at assisting small and medium-sized
activities of State Small Industries and
Here are some common functions and
Export Corporations:
promote the growth and
I. Promotion of Small Industries: SSIECs respective states.
development of small and micro-enterprises within their
financial support to
They may provide training, technical assistance, and
Small businesses.
helping small industries
2. Export Assistance: SSIECs often focus on to small
access international markets. They provide guidance and support
businesses interested in exporting their products.
and
3. Market Research and Promotion: They conduct market research
analysis to identify potential export markets for small businesses and
promote their products internationally.
4. Trade Fairs and Exhibitions: SSIECs may organize or participate in
trade fairs and exhibitions to showcase products made by small
industries, both to domestic and international audiences.
 21
5. Financial Support: They assist small businesses in obtaining financ ial
support, including accessing government schemes and subsidies aimed at
promoting exports and SME development.
6. Technology Upgradation: Similar to SISIs, SSIECs help small
industries upgrade their technology and adopt modern practices to
enhance their competitiveness.
7. Quality Certification and Standards: SSIECs guide small businesses in
improving the quality of their products and obtaining relevant
certifications to meet international standards and requirenents.
8. Export Documentation: They provide guidance on export
documentation and compliance with customs and international trade
regulations.
9. Netwvorking and Collaboration: SSIECs facilitate networking among
small business owners and may help establish partnerships and
collaborations for mutual benefit.
and
10. Entrepreneurship Development: They offer programs to developtheir
nurture entrepreneurship skills among individuals looking to start
own small businesses.

State Small Industries and Export Corporations play a crucial role in supporting
the growth of small industries and enabling them to participate in the global
marketplace. Their efforts contribute to job creation, economic development,
and the overall growth of the small and medium-sized enterprise sector in their
respective states.
District industries centres
District Industries Centres (DICs) are institutions set up by the government of
India to promote, support, and facilitate the development of small-scale
industries (SSIs) at the district level. These centres play a vital role in the
implementation of various industrial policies and programs designed to
stimulate econonic growth, create employment opportunities, and encourage
entrepreneurship within a specific district or region.
The main functions and responsibilities of District Industries Centres include:
1. Entrepreneurship Development: They provide assistance and support
for the establishment of new enterprises and the expansion of existing
small-scale industries.
2. Industrial Infrastructure Support: DICs help in the development of
industrial infrastructure, such as industrial estates, parks, and clusters, to
facilitate the growth of small industries.
 3. Facilitation of Government Support Schemes: They act as a one-stop
destination for small-scale industrialunits to access various government
support schemes, subsidies, and financial assistance programs.
4. Skill Development and Training: DICs conduct training programs to
enhance the skills of entrepreneurs and workers, enabling them to adopl
modern technologies and improve their production processes.
5. Market Assistance and Promotion: They provide guidance on imarket
identification, product promotion, and marketing strategies for small
scale industries within the district.
6. Technology Upgradation and Modernization: DICs assist simall
industries in adopting new technologies, upgrading their machinery, and
improving their production processes to enhance productivity and
competitiveness.
7. Support for Regulatory Compliance: They assist small businesses in
obtaining necessary licenses, registrations, and certifications required for
operating within the legal framework.
8. Industrial Counselling: DICs offer counselling services to address
various issues faced by small-scale industries, including financial
management, production planning, and quality control.
9. Sickness Prevention and Rehabilitation: They help identify and
district
support the rehabilitation of sick small-scale industries within the
to prevent their closure and promote their revival.
10.Export Promotion: DlCs encourage and facilitate the participation of
small industries in export activities by providing them with the necessary
guidance and support.
DICs serve as important facilitators for the development and growth of small
scale industries, particularly in rural and less-developed areas, contributing
significantly to the overall economic development of the district and the country
as a whole. They act as a crucial link between the government, industry. and
local entrepreneurs, providing essential services and support to foster a
conducive environment for small business development and sustainability.