Professional Documents
Culture Documents
ASSISTING
ENTREPRENEURS
INSTITUTIONAL SET UP
In order to accelerate the small industries
development, Governments at the Central
and State levels have setup a number of
development agencies/institutions such as:
1. DIC (District Industries Centres)
2. SISI (Small Industries Service Institutes)
3. SIDO (Small Industries Development
Organisation)
Corporation of India).
Have promoted/Sponsored a number
of Technical Consultance Organisations
(TCOs) to assist small entrepreneurs in
different ways.
CATEGORY OF INSTITUTIONS
National level
State level
National level:
State level:
IDBI
IDBI has supported for establishment of
National
FUNCTIONS OF IFCI
Entrepreneur Development
Subsidised Consultancy
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ICICI
(INDUSTRIAL CREDIT AND INVESTMENT CORPORATION OF INDIA)
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OBJECTIVES OF ICICI
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SIDBI
(SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA)
o
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FUNCTION OF SIDBI
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NIESBUD
(NATIONAL INSTITUTE FOR ENTREPRENEURSHIP AND SMALL
BUSINESS DEVELOPMENT)
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NIESBUD
(NATIONAL INSTITUTE FOR ENTREPRENEURSHIP AND SMALL
BUSINESS DEVELOPMENT)
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OBJECTIVES
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ROLE OF NIESBUD
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CONTD.
1.
2.
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CONTD
4. Testing Facilities
5. Marketing assistance
Economic information on the nature and
extent of the market for specific products is
collected and furnished to small
industrialists.
Export promotion service by counseling.
market survey for specific products of
small enterprises is also undertaken on a
regional basis.
Asst Prof: Vaibhav S Arwade
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FUNCTIONS OF DIC
Identification of Entrepreneurs.
Selection of Projects.
Provisional registration under SSI.
Purchase of fixed assets.
Clearances from various Departments.
Assistance to Raw material supplies.
Assistance to village Artisans and Handicrafts.
Interest free sales tax loans.
Subsidy schemes.
Training programmes.
Asst Prof: Vaibhav S Arwade
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ENTREPRENEURSHIP DEVELOPMENT
INSTITUTE OF INDIA (EDII)
It is a national institute set up by public Financial
Institutions and Government of Gujarat.
It promotes research, training and institution
building activities.
Consists the following steps
a. Selecting potential entrepreneurs.
b. Achievement motivating training.
c. Project selection and project report
preparation.
d. Business management training.
e. Practical training and work experience.
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VENTURE CAPITAL
CAPITAL:
Fund employed in any business activity.
Most important factor of production.
No economic entity can function without capital.
VENTURE CAPITAL:
Venture capital is significant innovation of 20 th century.
It is generally considered as synonym of risky capital.
The venture capital industry supplies capital and other
resources to entrepreneurs in business with high
growth potential in hopes of achieving a high rate of
return on invested funds.
Asst Prof: Vaibhav S Arwade
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Promo
State
ted
By
Level
Financi
al
Institu
tions
All
India
Finan
cial
Institu
tions
IFCI
Ven
tur
e
Cap
ital
Fun
IDBI
Vent
ure
Capi
tal
Fun
Comm
ercial
Banks
ICICI
Ventur
e Fund
Manag
ement
Compa
ny
Ind
ian
SIDB
I
Vent
ure
Capi
tal
Privat
e
Sector
Institu
tions
Fo
re
ig
n
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RULES BY SEBI
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SEBI REGULATIONS
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SEBI REGULATIONS
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VENTURE CAPITAL
INTRODUCTION
The financing of small scale industries deserves
a special treatment since it is quite difficult
for the to raise funds from the capital
markets. SSIs are unable to raise funds
because of following reasons:
1. They are high risk ventures
2. Their profitability is low.
3. Lack of security to get finance.
4. They dont have access to capital markets
to borrow.
Asst Prof: Vaibhav S Arwade
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DEFINITION
venture capital is thought of as, the early
stage financing of new and young enterprises
seeking to grow rapidly
The venture capitalist finances high and new
technology based enterprises where as the
banks or financial institutions generally
support proven technologies with established
markets.
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Information technology
Internet
Media and entertainment
Telecommunications.
Biotechnology
Pharmaceuticals
Health care.
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CONTD
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IFCI
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ANGEL CAPITALIST
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Helping entrepreneurs
Stay engaged using skills and
experiences to help build a business
Giving back to community or university
An active form of investing
not just watching markets
Return on Investment
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Venture Capitalists
10X
Angel Groups
5X-10X
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Individuals
Other
Successful Entrepreneurs
Organized Groups
One
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