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lant and Machinery?
Details of machinery required, capacity, suppliers, cost. various
terniatives available. cost of miscellane:
assets. 7%
6. Production Process: 1, AL fy She. out pte Process ‘
Description of production Process, process chart, technical knowhow, hectindlap alternatives available.
Production programme.
Vee fee ehelscuhy
ys Aygo eaec? voto,
a
Water, power, stam, compressed air requirements, cost estimates, sources of uti
7. Utilities:
Mode, possibility of getting, costs. a
9. Raw Materi
ies,
8. Transport and Communication: Enparsety of Arode 4 boas dune ceoserdy « me
List of raw material required by quality and quantity. sources of procurement. cost of raw material. tie-up
arrangements, if any, for procurement of raw material, alternative raw material, if any.
5
‘ Ceo
gens) SU Med to
10. Manpower: yk
Manpower requirement by skilled and semi-skilled, sources of manpower supply, cost of procurement.
requirement for training and its cost.
11. Produets: Sondeig tek Crate 4 a ROH drole Ty deel
Product mix,
timated sales. distribution channels. competitions and their capacities. product standard,
input-output ratio, product substitute.
12. Market; 1S XE. Se es .
Eud-users of produedistribution of market as lo
devices, and proposed market research Ge es
om +ne 4 A 4 Renle
13, Requirement of Working Capital: , S aa — tr eek York Cu |
Qhpdt lots ‘ol nds
Working capital required, sources of Working capital need for collateral security, nature and extent of credit
facilities offered and available. Y 14, Requirement of Funds:
Break-up of project cost in terms of costs of land, building, machinery, miscellancous assets, preliminary
expenses, contingencies and margin money for working capital, arrangements for meeting the cost of setting
up of the project.
Coseck
15. Cost of Production and Profitability of first ten years] Evra crhatad a, Cesp Papal
FRADE poste ace tops 9 when | ene Revd bat }
aad nsckichSt c puAeee
16, Brahh Real Se Sa Pabcalt ta “0 Nee egtt Whe Cale
ud of Ptrcle a
128 CRG NS ulornel * rey ee ot due ost {ores cosle r Vasile
5: i 2 fuoctuds
Significadte Ath Lae Wudked do ate post
argh hehe
business plan is that it involves costs especially when some outside consultant or accountant or lawyer is
2
aan ahah Writin & Business plan, The argument advanced against writing
hired to write the business plan. One of the reasons for not writing business plan is the fear of prematurely
closing off the new venture Ce sie Bae ay col 1A ais op
Wy Rend, Youd,
The major argument made in favour of writing Aas! plan is re CESS anxieties a Node! in Funning C1. sho.
business enterprise. Writing business plan is especially useful forthe entrepreneurs who require financial OX.
help from the outside sources like banks and financial institutions.
The reason is that the outside sources advance funds to entrepreneurs based on the soundness of their
enterprises as reflected in business plans. In nutshell, writing a business plan is not without its costs and
sacrifices, nonetheless the benefits of it outweigh its costs. _
An objective without a plan is just a dream. Until committed to papers intentions are seeds without soil, sails
1out winds or mere wishes which do not lead to execution and without execution there is no payoff. The
preparation of a business plan or project report is of great significance for an entrepreneur.
‘The business plan serves the two essential functions: First and most important the business plan is like a
road map. It describes the direction the enterprise is going in, what its goals are, where it wants to be, and
how it is going to get there. It also enables an entrepreneur to know that he is proceeding in the right
direction, Some hold the view that without well spelled out goals and operational methods/tacties, most
businesses flounder on the rocks of hard times. ‘The second function of the business plan is to attract lenders and investors. Although, it is not mandatory for
the small enterprises to Prepare business plans, yeti is useful and beneficial for them to prepare the proect
reports for various reasons. The preparation of business plan is beneficial for those small enterprises which
apply for Haaneial assistance from the financial institutions and the commereial hanks. Iti on the hasis of
business plan or project report that the financial institutions make appraisal ifthe enterprise requires
financial as:
If yes, how much,
imilarly. other organisations which provide various assistances such as work shed, raw.
material, seed/margin money, ete, are also equally interested in knowing the economic soundness of the
Proposal. In most cases, the quality of the firm’s business plan weighs heavily in the decision to lend or
invest funds,
Research evidence reveals that many firms, of course. start without business plans. Speaking alternatively.
their implementation stage starts with no plan, ie. guide-map. But, most of these firms realize eventually in
the hard rocks, of business environment that they need to recreate their beginnings and write their business
plans at some point down the road
Farts of a Business Plan: 7 Essential Sections
julsiness plans give vision and strategy, and they're crucial for businesses seeking funds. Use this guide to the seven
key sections, and what each should include
ine task can seein overwhelming, but writing a business plan is an important step in helping your company
launch, grow. and thrive. Business plans provide vision and a clear strategy. They're also critical for
businesses seeking funding. But where should you start. and what should you include?
Like most daunting projects, drafting a business plan is best done step by step. While plans vary as much as
businesses do, here's a summary of the seven main sections of a business plan and what each should includ.
. 2 FS & hark Gece af a Larges chotuumenle (flee
1, Executive Summarys. 7 {a0 9 \A ek ad
O- busiges 4100 Fntettoont Not Proseck fepesat.
he first section should be a concise overview of your business plan. It should be Short, and must be well
written. Your goal is to draw readers in 50 they want to learn more about your company,
ES, Pdes on HANIA ol a CLoigeale o& “Perea 00h
Though This Section appears first, consider writing it last, after you've worked out the details of your plan
and can summarize your thoughts succinctly and accurately.
‘The executive summary for a business plan should include:
Your business name and location
Products and/or services offered
Mission and vision statements
«._ The specific purpose of the plan (1o secure investors, set strategies, ete.)
& hia You Preach atilfis x Congebbus fo-he Dausloy
a This high-level view of your business should explain who you are, how you operate and what your goals
are.
‘The company deseription should feature:
+ The legal structure of your business (corporation, sole proprietorship, ete.)
« Abrief history, the nature of your business, and the needs or demands you plan to supply
+ An overview of your produets/services, customers, and suppliers
Pustoenl= TS allo the Place
ie ge * ane Hire badioey
by ote 5 stp so tate
ey
= ~Coodeasec Hye. Cite For example, if you want to finance a construction project, actual precise eosts would be far better than
rough approximations. Similarly, several detailed quotes would be advisable; this proves you're working
hard to ensure you're squeezing the best value you can out of the possible funding.
volved
3, List the employe in the project
‘You might stand a better chance of getting the funding if you. your fellow directors/shareholders and cert
Thptoyees have experience in the sector you're looking to finance.
For instance. listing the employees or directors’ credentials is essential if the project involves new product
development. As a team, if you can prove that you've overseen such successful novel projects before, this
might sway lenders, « .
‘Suppose you and your colleagues managed other projects earlier in the business's history. completed on
time, within budget and the results added value. In that case, this might also generate confidence that
managing a complex process is not new to you.
4. The company aims including the purpose for the loan
Let’s imagine you're a small restaurant chain investing in a new range of eommercial quality cooking
facilities at each site, and industry experts must do the installation. You've found the new equipment you 9
‘want for your premises and obtained a competitive quote from the fitters.
You now need to replace the old equipment with the latest and limit the downtime and lost revenue fo an
absolute minimum, Therefore, you should specify just how long the complete process will take and detail
any gap or loss of income. This timeline is essential t6 your project report.
. Project background and the progress tq date ~
Yoke ow fortiodtost Comupsnte es 4 hwo Your Oxsesizels
‘You then begit*to outline when the investment in thé new equfpment starts to increase tai and
profitability, Can you serve more customers quickly and with better quality food? Due to the installations.
‘will you cater for more covers;at each sitting?
rock acitresi tre Aiven Prceler,
Highlighting your progress as a busines’ so far while stressing how the new investment will reap the
rewards helps reveal your motivation and ambitions and proves you've reached the previous goals you've
se. ERY Coo chanel
6. Market analysis
Like a startup business plan, you must include market analysis in your project report if you're ho}
borrow funds; this will prove you've done your homework and understand the competition, The study
should include items such as who your current and potential customers are and how you'll reach them.
Marketing your business online through paid banner ads or social media activity must be explained and
budgeted. Any offline marketing initiatives should also be accounted for in your project plans. Clearly show
the link between your marketing efforts, the costs and potential rewards.
7. Financial analysis {She Paocess of Balink busioes seo, PecTecks,
Generally. established businesses apply for SME loans to get projects finaneed: as such, they should have
their financials ready for inspection. For example, limited companies who've operated for approximately
two years should have filed their first set of accounts. Moreover. management accounts, including an up-to-
date profit and loss statement, should be available at the shortest notic:
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HSCS ICI SR Hei io AOI AA A ie Wane offre gh ree 0
Its categorized into private and public debt. Investment banks raise the former and have cheaper
capital costs as debt holders are paid on a priority basis. At the same time, the administration raises
public debt with more reasonable capital costs due to being a ygvernment-spansored program,
Ep: Spackents Loon, mr 1 Gast ade fen
2. Equity, JAM Otel — Ts pled Weaasit es
+ Equity financing entails government-issued debt on the recommendation of an investment
consultant or bank and is relatively more costly then debt financing. It is developed to reimburse
higher risks presumed by the equity investors wielding the junior attestation to the project's income
and assets.
+ [Link] § -ig oO Rabb fourred by a indivicrot of Sooe
It is categorized into two no® ca aud unsecured loans, In the former, the loan-securing assets have
Value as collateral, implicating the marketability and liquidity. While the latter depends upon the debtor’
creditworthiness, contrary to the peWhich Type of Projects Are Suitable for Project Finance?
The following projects are suitable for project finance:
- Energy (like power transmission and power'generation) 4
Public infrastructure (metro rail. airport. and roads)
Manufacturing
. Construction
. Telecommunication
. Education, and
Healthcare
Nayayne
Venture capital (VC) is a form of private equity and a type of financing that investors provi
startup companies and small businesses that are believed to have long-term growth potenti
Venture capital generally comes from well-off investors, investment banks, and any other financial
institutions. ° t
Nenboie, Mone {Wook |». ten ort athe Heat ts
wn Balaletest an ord S Blehect A. Oe fosbicachute
Some of these are hanks, NBFCs, investment compares, brokerage firms, insurance companies and
trust corporations. read more, banks, pension funds, and corporations. Usually, VC investors take this risk
with wees to acquire refered eqpity. a Ros Butea
Which is the fi SEAS spy Ing
In India UTI was the Yirst compalry to start venture scheme under the name of India Technology Venture
Scheme in 1997. In 1999 UTI Executive Trustee met the then Chairperson, TDB and Secretary. TDB and
requested TDB's participation in Venture Capital Fund
Make in India and Startup India. Make in India is an initiative which was launched on September 25.
2014, to facilitate investment, foster innovation, building best in class infrastructure, and making India a
hub for manufacturing, design. and innovation
Who is eligible for Startup India scheme?
Age: Individuals applying for this scheme must be over the age of 18 years. Company type: To apply
under this scheme, a company should be a partnership or a private limited firm. Annual turnover: To be
eligible under 4, Digher dr
Qoacdhband
ae "teen een s\n
OL Coarecli BUN eck Recess
GL ie Bnonce__
a B eal feu
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Steins
fee An initiative established in 2014 by Prime Minister Narendra Modi with the goal of boosting
domestic manufacturing and attracting foreign investment.
The Department for Promotion of Industry and Internal Trade (DPIIT)
Ministry of Commerce and Industry
Government of India, are leading the initiative.
Various Sectors Involved in Make In India
Manufacturing Sector
This includes Aerospace and Defense, Automotive and Auto Components, Pharmaceuticals and
Medical Devices, Bio-Technology, Capital Goods, Textile and Apparels, Chemicals and
Petrochemicals, Electronics System Design and Manufacturing (ESDM), Leather & Footwear,
Food Processing, Gems and Jewelry, ae Railways, Construction, New and Renewable
Energy. ~ Fal EL prop f
Services Sector “DEUS @ Re & Paskest Rave oro Ic Seats
This includes Information Technology & Information & omviay enabled SeiVices (IT &ITeS).
Tourism and Hospitality Services, Medical Value Travel, Transport and Logistics Services.
Accounting and Finance Services, Audio Visual Services, Legal Services, Communication
Services, Construction and Related Engineering Services, Environmental Cer Financial
Services, Education Services. N oo 0
Objectives of Make In India Initiative 62 “ote*0 sein B ay
To increase the potential of the manufacturing sector to 12-14% per year.
To create 100 million additional jobs in the manufacturing sector by 2022.
To increase the share of the manufacturing sector in the GDP to 25% by 2022.
Ensure adequate development of skills amongst the urban poor and the rural migrants to foster
inclusive growtIr. To encourage environmentally sustainable growth.
Enhancing the global competitiveness of the Indian manufacturing sector.
Various sectors such as railways, insurance, defens defense, and medical devices were opened up
for more Foreign L Tavestment (DD).
Various Schemes Launched Under Make in India Initiative
Skill India
Skill India’s mission aims to skill at least 10 million individuals in various sectors in India In order
to take the Make in India initiative forward to turn into a reality, there is a need to upskill the large @
human resource available.
Its importance increases due to the fact that the percentage of formally skilled workforce in India
is only 2% of the population.
Startup India - PrAfRrediinn Bndian exiLen \Qokaboye Gn apy doar
This program was initiated to build an ecosystem that dbuld facilitate the growth of startups, drive
sustaipable ezonogaie gray and create laze-scale employrney
PRaNE Tease Poorer ¢ Cle
Digital Bae
Digital India initiative was brought in to transform India into a knowledge-based and digitally
empowered economy.
Digital India is a flagship programme of the Government of India with a vision to transform India
into a digitally empowered society.
It gave impetus to E-governance initiatives in India for wider sectoral applications with emphasis
on citizen-centric services
Pradhan Mantri Jan Dhan Yojana (PMJDY) 'sion and access to financial services, such as banking
m in an affordable manner.
+ [Link] undertaken to ensure financial inc!
ings & deposit accounts, remittances, credit, insurance, pe
Smart Cities
+ Iwas brought in to transform and rejuvenate Indian cities,
* The goal is to create 100 smart cities in India through several sub
2015
+ Ihe cities were given five years to complete the projects under the
Smart Cities expected to complete in 2021.
AMRUT
+ Itisknown as the Atal Mission for Rejuvenation and Urban Transformation.
* This initiative focuses to build basic public amenities and making 500 cities in India more livable
and inclusive,
iatives. It was launched in
mission, with the first set of
Swachh Bharat Abhiyan
+ It was undertaken by the
sanitation and hygiene.
government for making India a nation promoting cleaner and basic
Sagarmala
[This scheme aims at developing ports and promoting port-led development in the country.
* Tris the flagship programme of the Ministry of Shipping to promote port-led development in the
country by exploiting India’s 7,517 km long coastline. 14.500 km of potentially navigable
waterways and its strategic location on key international maritime trade routes
International Solar Alliance (ISA)
+ Itis an alliance of 121 countries, most of them being sunshine countries, which are those that lie
pic of Cancer and the Tropic of Capricorn.
either completely or partly between the Tro
+ _ This initiative will promote research and development in solar technologies and formulate policies
in that regard
AGNI
+ AGNII or Accelerating Growth of New India’s Innovationwas launched to achieve the
innovation ecosystem in the country by connecting people and assisting in commercializing
innovations.
District Industries Centre (DIC) is a central sector scheme with the objective of
promoting small village and cottage industries in a particular area. The DICs have
been established in various districts of India at varying times since 1978 when it was
launched. Being established at the district level, the District Industries Centres
provide all the necessary services and support to facilitate entrepreneurs in setting
up MSMEs (Micro, Small and Medium enterprises)
Nbowe \ayyy -
Role of District Industries Centres (DICs)
The District Industries Centres (DICs) play a prominent role in developing and prémoting industries
in the respective states. They are established by the Depaitment of Commerce & Industry oF the-
Tespective state, TH addition to DICs, Sub-District Industries Centres (SDICs) have also beon GOAT
Trae additional tier has helped industrial development to
in various slates such as Nagaland. This
penetrate deeper into the rural areas of the country
a
Provide assistance for DIC programmes a
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ntres (DI i
Functions of District Industries a jet Industries Centres (DICS) for the
Various, impor erformed by the District Indust Some of the functions
inline pene put that distrit on the industrial map
entioned below:~
performed by the District Industries Centres (DICs) are m‘
in identifying the pros and cons
Preparation of industrial profile of the distriet — This helps in ea the availability of
foncerning setting up different industries in the district in conson:
infrastructure. raw materials, labor and land in the area
. it i es of licenses
Assist entrepreneurs in obtaining licenses ~ To set up an industrial eet ieaeeae
Failte Cleetticity board, no-objection certificate, water supply board, eorentuaalig) enp
facilitated by the District Industries Centres (DICs), making it easier for entrep1
industrial units in the respective district,
id arena of
giae,as the focal point of industrialization of the district ~ To make sige la the ee el
industrilization, the District Industries Centres (DICs) act as the focal point. From p be
Contes (amnmnces end licenses to facilitating loans and granting awards, the Disteet (ideatrics
Centres (DICS) do it all
Opportunity guidance of entrepreneurs ~ Lack of Knowledge about an existing opportunity does
tre gautmnage than the lack of opportunity. Distict Indusuies Centres (DICs) help in bringing to
the fore various opportunities 0 help entreprenees This helps in generating employment
‘es in addition (o the industrialization oF the district
HunnPower assessment concerning skilled, semi-skilled labour District Industries Centres (DICs)
help in making optimum use of its platform te identify the labour that is best fit for the respective
market. This helps avoid under-employment.
For any area to develop, infrastructure facilities are a top priority
certain area. Facilities such as electric!
“te are identified by the District Industries
Prepare techno-economic feasibility report ~ The District Industries Ce;
techno-economic feasibility report that analyzes the Performance of an in
or service to improve areas in need of it.
Advise entrepreneurs on investments made ~ The District Industries
cons dle neuts on the various investments which they seck to make ty thi
consultancy services that help entrepreneurs in makin
investments.
Centres (DICS) advise
manner, they provide
ions with respect to their
+ Small Industries Development Bank of India (SIDBD) is the
apex regulatory body for overall licensing and regulation of micro, small and
medium enterprise finance companies in India. Itis under
the jurisdiction of Ministry of Finance , Government of India headquartered
at Lucknow and having its offices all over the country. The SIDBI was
established on April 02, 1990 by Government of India, as a wholly owned
A Ua ts bebe ate Govt?
Y Odio. subsidiary of IDBI Bank . It was delinked from IDBI w.e.f. March 27, 2000.
Its purpose is to provide refinance facilities to banks and financial institutions
and engage in term lending and working capital finance to industries, and
serves as the principal financial institution in the Micro, Small and Medium
Enterprises (MSME) sector. SIDBI also coordinates the functions of <
institutions engaged in similar activities. It was established in
ment. SIDBI is one of the four All India
Financial Institutions regulated and supervised by the Reserve Bank of India;
other three are Ind Bank, NABARD and NHB. But recently NHB
came under government control by taking more than 51% stake. They play a
statutory role in the financial markets through credit extension and :
refinancing operation activities and cater to the long-term financing needs of
1989, through an Act of
the industrial sector.
+ SIDBI is active in the development of Micro Finance Institutions through
SIDBI Foundation for Micro Credit, and assists in extending microfinance
nance Institution (MFI) route.!! Its promotion &
promotion and
through the Micro
development program focuses on ru
entrepreneurship development.!!!"!
In order to increase and support money supply to the M
am known as Institutional Finance program. Under this program,
refinance prog
SIDBI extends Term Loan assistance to Banks, Small Finance Banks and Non-
Bankiny Companies. Besides the *Si0CO" redirects here. Not to e confused
with CIDCO
‘Small Industries Development Corporations (‘SIDCO') are state-owned companies
of India which were established at various times under the
sector, it operates a
nancia
or agencies in the s
policy of Government of India for the promotion of small scale industries, !!I21
A few of the SIDCOs are:
+ Kerala Small Industries Development Corporation Limited
+ Small Industries Development Corporation of Jammu and Kashmir."
+ Tamil Nadu Small Industries Development Corporation Limited (TANSIDCO)
+ refinance operations, SIDBI also lends directly to MSMEs_L81l91
Society for the Study of Ingestive Behavior
‘The Society for the Study of Ingestive Behavior (SSIB) is an organization
committed to advancing scientific research on food and fluid intake and its
associated biological, psychological and social processes. The Society provides a
multidisciplinary environment for the free exchange of ideas and information. and
serves as a resource for scientific expertise and education on topics related to the
study of ingestive behavior.!! its approximately 600 members hail from many different nati 2 and
include psychologists, neuroscientists, psychiatrists, ences mutt ists, fc
I scientists, and many others who are interested in research on & 5 and ering,
Thus, the organization is quite interdisciplinary. ating and Seoxine
SSIB's origins can be traced to the annual meeting of the Eastern Psychological
Association where it was 2 satellite meeting. Its first independent meeting occurred
‘and it has held an annual meeting since in various
in 1992 at Princeton University
and Canada.
locations in the United States, Europe,
What Is NSIC? Its Schemes, Registration Process and Required
Documents for Registration
1s Corporation) is a government corporation that works under the
rowth. It also actively
NSIC (National ‘Small Industrie:
MOMSME, supporting the Micro, Smal! and ‘Medium Enterprises gr
encourages ‘businesses to sustain in the present market through loans and other sghemes, bk,
OL yiLO0 « - FY Technolsayy , Fina xe4 ebro Sf Route.
This corporation operates throughout the yation accessiic technical centres ad offices. Apart 7
from India, the NSIC operates in a few African counttiet ence, it set up an administration
re in Johannesburg, South Africa, to manage, SuPPOF and operate MSME functionalities.
jocal
nters
centr
ry 2018 to focus more on the I
“Training Cum Incubation Cel
as closed in Januar,
nesses, The same government
ailable now as it wa
| Small Industries Corporation set uP
ferve the micro to medium scale bus
tion.
Yet, it’s no longer av
MSMEs. The National
government agency in 1955 t0 s
agency later tumed info a government Corpora
port and raise the Small
MSMEs, including
if-employment.
NSIC Objectives
xy goal of the National Small Industries
However, it also operates several aspects
profitability, manpower, skills up-gradation,
Corporation is to sup}
supporting
enhancing sel
The primar
Scale Industries.
improving efficiency.
and a lot more
ves of the NSIC.
each and support in the sustainable growth of Micro, Small, and
few objecti
Here’re a
«To build corporation r.
Medium Enterprises.
by upgrading skills.
‘To support and enhance the workforce in the industries
orking environment.
‘ent that develops the nation.
(auprises.
raw materials.
To ensure a hygienic w
employm
te sel
To train people and crea
ts, and productivity.
To improve businesses’ efficienc , profi
Minis Se eek “eo
To fasiNate the MSMEs with lease equip nt, huge machinery, an‘
ice Institutes (SISIs):
‘Small Industries Servi «The Small Industries Services Institutes (SISIs) are set up to provide consilltancy and
training to small entrepreneurs-both existing and prospective.
+ The activities of SISIs are coordinated by the Industrial Management Training division of
the DCSSI's office. There are 28 SISIs and 30 branches SISIs set up in the State capital
and other places all over the country.
‘The main functions of SISIs include :
+ To serve as an interface between Central and State Governments.
+ To render technical support services,
+ To conduct Entrepreneurship Development Programmers.
+ Toinitiate promotional programs.
The SISIs also render assistance in the following areas =
+ (1) Economic Consultancy/Information/EDP Consultancy.
+ (2) Trade and market information.
+ (3) District industrial potential surveys.
+ (4) Modernization and implant studies.
+ (5) Workshop facilities.
+ (6 Training in various trade/activities.
+ (7) Project profiles.
+ (8) State industrial potential survey.
What are the 4 types of institutions?
In Unit 4 we study our primary sociological institutions: family, religion, education, and
government.
What is an example of a institution?
Societies develop social structures, or institutions, that persist because they play a part in helping
society survive. These institutions include the family, education, government, religion, and the
economy.
Here is a list of government schemes launched to develop and encourage
entrepreneurship in India.
‘Aatmanirbhar Bharat App Innovation Challenge
SAMRIDH Scheme
Startup India Seed Fund —— _
Startup India Initiative ARBLL| Bod
Startup Leadership Program
ASPIRE Pradhan Mantri Mudra Yojana (PMMY)
Chunauti
Qualcomm Semiconductor Mentorship Program (QSMP)
Digital India Bhashini
Digital India GENESIS
India Water Pitch-Pilot-Scale Startup Challenge
Ministry of Skill Development and Entrepreneurship
ATAL Innovation Mission
eBiz Portal
Dairy Processing and Infrastructure Development Fund (DIDF)
Support for International Patent Protection in Electronics & Information Technology
(SIP-EIT)
Multiplier Grants Scheme (MGS)
Credit Guarantee Fund Trust for Micro and Small Entreprises (CGTMSE)
Software Technology Park (STP) Scheme
The Venture Capital Assistance Scheme (VCA)
Loan For Rooftop Solar Pv Power Projects
NewGen Innovation and Entrepreneurship Development Centre (NewGen IEDC)
Single Point Registration Scheme
Modified Special Incentive Package Scheme (M-SIPS)
Stand Up India Scheme
High Risk - High Reward Research
IREDA-NCEF Refinance Scheme
Dairy Entrepreneurship Development Scheme
Drone Shakti
Zero Defect Zero Effect (ZED) Certification Scheme
Sub-Mission on Agricultural Mechanization (SMAM)
Credit Linked Capital Subsidy for Technology Upgradation (CLCSS)
Design Clinic Scheme for Design Expertise
Aatmanirbhar Bharat App Innovation Challenge
The 4th of July 2020 has been quite a historic day for the Indian startups and the gear
that the startups of India have got after that day because it is on the same day that the
Prime Minister of India, Narendra Modi has announced the launch of the
"Aatmanirbhar Bharat App Innovation Challenge". With this launch, PM Modi urged
the startups of India to come together and develop ‘Made in India’ applications that
will facilitate not only the people of India but the whole world. In his tweet, PM urged
all the tech and startup community to come forward and develop world-class mobile
applications under the challenge.
The challenge was launched under the Digital India mission by the collaboration of
The Ministry of Electronics And IT with The Atal Innovation Mission (AIM) which is
an endeavour of Niti Aayog.
In a second tweet. Prime Minister Narendra Modi urged everyone with such a working
product or ideas and vision to create one to come forward and take part in the challenge. He also gave a tagline for this
Aatmanirbhar Bharat", challenge,
"Let us Code for an
It was then only a few days si
a ls since the G
applications i See aaent i i
oa . fro iian market. And ¢
world-class mobile applications n° ™K* India Astmaniebhar in terms ca
"Today, when the enti
> e 1 i is ii
ntire nation is working towards creating an Aatmanirbhar Bharat
it is a good of i ive directi
eee it thee s give direction to their efforts, momentum to their hard work
eee ee i talent to evolve Apps which can satisfy our market as well as
orld.", wrote PM Narendra Modi on his LinkedIn post.
SAMRIDH Scheme
_
ee ee who was then anewly appointed Minister of Electronics
ces ind Technology (MeitY) launched the SAMRIDH scheme, which stands
a pee on of MeitY for Product Innovation, Development, and growth,
i , 2021, after a little over a week of his anno é
will support the startups in the initial stages. anmouncement thatthe government
The SAMRIDH initiative is designed to provide funding support to startups along with
helping them bring skill sets together which will help them grow successful. The newly
launched SAMRIDH program aims to focus on the acceleration of around 300 start-
ups by extending them with customer connect, investor, connect, and other
opportunities for international expansion in the upcoming three years that will follow.
Startup India Seed Fund
On 16 January 2021, Prime Minister Narendra Modi announced the launch of the
‘Startup India Seed Fund’ — worth INR 1,000 crores — to help startups and support
ideas from aspiring entrepreneurs. PM Modi said that the government istaking
important measures to ensure that startups in India do not face any capital shortage.
Startup India Seed Fund initiative, as per the Union Budget
The reserved fund for the
which is higher than the revised estimate of around Rs 100
of 2022 is Rs 283.5 crore,
rore for 2021-22. ;
“ retyiclne 8S athyi $s clus Soheoe- Mosk be ve
Startup India Initiative he \ (sys, Max do lablu.
Startup India Initiative | Government Schemes for Startup Companies in India
ched the Startup India Initiative in the year 2016 on
‘ase wealth and employability by giving wings t0
entrepreneurial spirits. The government gives tax benefits to startups under this scheme
and around 50,000 startups have been recognized via this scheme in a period ofa little
more than five years, as of June 3, 2021. ‘The Department of Industrial Policy and
‘The Prime Minister of India laun
16th January. The idea is to incre
8 Promotion is maintaining this initiative and is treating it as a long-term project.
Moreover, the overall age limit for startups has been increased from two years to seven
years. Plus, for biotechnology firms, the age limit is ten years from the date of
incorporation. It is one of the best government-sponsored startup schemes for
entrepreneurs as it provides several concessions,
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Startup Leadership Program
Startup Leadership Program
The Startup Leadership Program. as the name indicates. is built to empower |
outstanding founders and innovators. Launched in 2016 in India, SLP is designed as a
“highly selective 6-month world-class training program and lifetime network". This
startup initiative first began in Boston in 2006, and has spread its wings in over 14
countries and 28+ cities, and has helped 2000+ startups, influenced 3600+
entrepreneurs, and has raised around $2.4 bn+ in funds to date.
ASPIRE
Aspire | Small Business Ideas for Rural Areas in India
The government has made continuous efforts to improve the social and economic
aspects of lite in rural areas of India and one of the most popular schemes that the
Indian government has sanctioned in this regard is ASPIRE. A Scheme for Promotion
of Innovation, Rural Industries and Entrepreneurship (ASPIRE) is a Government of
India initiative, promoted by the Ministry of Micro, Small and Medium Enterprises
(MSME).
The mentioned scheme was launched in 2015 to offer proper knowledge to the
entrepreneurs to start with their business and emerge as employers. Since 56% of the
Indian population lives in rural areas, the government has promoted entrepreneurship
and innovation in the rural sector with this scheme. The ASPIRE scheme aims at
increasing employment, reducing poverty, and encouraging innovation in rural India.
However, the main idea is to promote the agro-business industry. The Ministry of
Medium and Small Enterprises has tried to boost economic development at the
grassroots level. The total budget of the scheme initially was INR 62.5 crores for the
period of 2014-2016. Pradhan Mantri Mudra Yojana (PMMY)
Mudra Bank | Government Funding Schemes for St
's for Startups in India
Micro Units Development Refi
enhance credit facilitie: efinance Agency (MUDRA) b:
government has ae ere the growth of small A) banks have oe The
the government allocated IN is scheme to support small businesses in India. 1n 2015,
a a IR 10,000 crores to promote startup culture in the country.
and businesses, are vide startup loans of up to INR 10 lakhs to small enterprises :
Cera and non-farm small/micro-enterprises. ,
Cease sos ee Mantri Mudra Yojana (PMMY) which was launched
on § April 2015, The loans have been categorized as Tarun, Kishore, and Shishu. The
rough the bank’s finance and there is no collateral security.
Chunauti
Chunauti - A government of India initiative
ed scheme, is a government of India i
oa CHUNAUTI'(Challenge Hunt Under NGIS for Advanced Uninhi
echnology Intervention), to Javite Startups to develop solutions for problems
amid pandemic. Launched in August 2020, Pr sunauti is a start-up challenge initiative
under the Next Generation Incubation Scheme (NGIS).
1 Mentorship Program (!
partnered with the Centre for
Qualcomm
orking in the
isation of
Chunauti, the pandemic-influenc
Qualcomm Semiconducto QSMP)
turing giant has
Qualcomm, the mobile chipset manufa
C-DAC) to conduet the
Development of Advanced Computing (
Semiconductor Mentorship Program (QSMP) 2022 for startups that are W'
Indian semiconductor space. DAC is the research and development orBan
the Ministry of Electronics and Information Technology (MeitY).
Qualeomm partners with MeitY
technical training, and industry
| from the semiconductor space
.s dated April 30, 2022, Qualcomm India will
for QSMP 2022. Each of these startups will be
* for mentorship on product planning and
Qualcomm India i
outreach opportuni
with this program.
Shortlist around 10 Indian startups
paired with a Qualcomm India leade
development.
Digital India Bhashini
dia Bhashini Scheme - Government Scheme of India
Digital |
Modi announced along with
[Link], to boost
10
ive that PM Narendra
‘a Bhashini was an initiati
| India GENESIS and
Digital Indi
her initiatives like Digital
aslew of ofl the Indian startups, as he inaugurated the Digital India week 2022 i i
aS 2 022 in Gandhin
July 4, 2022. The Digital India Bhashini scheme aims to help the Indians with easy :
‘access to the internet and digital services in vernacular languages.
Digital India GENESIS
Digital India GENESIS is another scheme that Modi launched on July 4, 2022, The
"GENESIS" in the scheme implies "Gen-next Support for Innovative Startups”. This is
a government of India scheme that is launched to empower the national deep-tech
startups. The total budget of this programme and the Digital India Bhashini is
disclosed, which is around Rs 750 crore.
India Water Pitch-Pilot-Scale Startup Challenge
India Water Pitch-Pilot-Scale Startup Challenge
‘The government of India launched a startup challenge on March 12, 2022, which was
announced by Union Minister Hardeep Singh Puri, where selected startups of India
‘will get a grant of Rs 20 lakchs along with support and mentorship from the Ministry of
Housing And Urban Affairs, whose brainchild is this startup challenge, which aims to
empower as many as 100 startups in the water sector.
While announcing the water startup initiative at an event in New Delhi, under Atal
Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0, Minister Puri
declared that this initiative the water sector startups and lead them towards growth
"through innovation and design that will drive sustainable economic growth and
generate employment opportunities.”
The Venture Capital Assistance Scheme (VCA)
Small Farmer’s Agri-Business Consortium (SFAC) has launched the Venture Capital
‘aasistance (VCA) scheme for the welfare of farmer-entreprenests and to develop their
aeri-business. The scheme is approved by the banks and financial institutions regulated
by the RBI. It intends to provide assistance in the form of term loans to farmers so that
the latter can meet the capital requirements for their project's implementation. VCA
promotes the training and nurturing of agri-entrepreneurs.
oan will be 26% (40% for hilly regions) of the promoters equity.
The quantum of the I ‘
Fat loan provided under this scheme will be INR 50 lakhs.
The maximum amount
Stand Up India Scheme
Stand-Up India for Financing SC/ST and/or Women Entrepreneurs
Stand-Up India is a notable government of India scheme for financing SC/ST
and/or women entrepreneurs: According to the scheme, bank loans between 10
Jakhs to 1 crore can be borrowed by at least one Scheduled Cast (SC) or
a