ENTERPRENEURIAL DEVELOPMENT: ROLE OF OTHER INSTITUTES

BY: KARUNA YADAV MBA III SEM MONIRBA

When We Need EDIs

Inception of industrial unit. Day to day management of business unit. Expansion and diversification.

Type Of EDIs
Institutes established by central government . Institutes established by state government. Non governmental institutes.

Industrial Development Bank Of India

Establishment: in 1964 by government of India. Objective: provide financial assistance for industrial ventures. Activities: Project finance. Equipment finance. Asset credit. Equipment leas. Finance for medium scale industries.

Industrial Finance Corporation Of India

Establishment: in 1948, under IFCI act by government of India. Objective: making long term credits more readily available to industrial concern. Activities: Project financing Financial services

ICICI Bank
Establishment: in 1955 by world bank and government of India. Objective: Activities: medium & long term project financing. Corporate financing. Leas financing. Advisory services.

Industrial Investment Bank Of India

Establishment: in 1971 as IIRC, renamed as IIBI in 1997. Objective: reconstruction and rehabilitation of closed down industrial unit or facing risk of closer. Activities:

Management Development Institute

Establishment: in 1973, sponsored by IFCI,in Gurgao. objective: improve managerial efficiency in different industries. Activities: Conducting NMP for government officers. Conducting NDP in various discipline. Conduct a programme on IPIIP in Karnataka. Many efforts in area of consultancy and research.

National Institute For Entrepreneurship And Small Business Development,

Establishment: in July 1983 Objective: to coordinate and oversee the activities of institutes of EDP. Activities: Evolving syllabi for training. Conducting programme for motivators and trainers.

Institute Of Entrepreneurial Development

Establishment: Objective: entrepreneurial development of backward states Activities: Training the trainers. Conducting state level meet of all EDI conducting agencies. Conduct MDP.

Entrepreneurial Development Institute Of India

Establishment: in 1983, Ahemdabad Objective: entrepreneurship development. Activities: Designed several national & international training programme. Facilitates access of poor to credit. Organise trainers & Chief executives meet for experience sharing.

Assocham
Establishment: in Dec 1920. Objective: to make the businessmens voice heard. Activities: Participate in mouling of national economic life. Represent 65 consultative and advisory bodies, which assist government in economic affairs

Confederation Of Indian Industry

Establishment: in 1992 Objective: to create and sustain an environment conducive to growth of industry in India Activities: Representative of major policy making bodies related to industry. Works as nodal agency for international industrial corporation.

Reference
The dynamics of entrepreneurial development and management: Vasant Desai. Business environment: Francis Cherunthima . Entrepreneurship and small business management: M. B. Shukla. Google.com