Entrepreneurship Ecosystem Overview. Bihar

Size: px
Start display at page:

Download "Entrepreneurship Ecosystem Overview. Bihar"

Transcription

1 Entrepreneurship Ecosystem Overview Bihar 1

2 Levers of change Entrepreneurship Following are the key levers of change which determine whether a state s policy, education, legal framework, financial systems, business markets, cultural and social ethos are augmenting Entrepreneurship Growth: 1. The Entrepreneur 2. Govt. & Regulatory Support 3. Access to Finance 4. Educational & Cultural Preparedness 5. Mentoring & Networking 2

3 The Entrepreneur 3

4 Bihar ranks #16 in India on World Bank s Ease of Doing Business 2016 index according to the Department of Industrial Policy and Promotion's (DIPP). It was on rank 21 in

5 Govt. & Regulatory Support 5

6 Schemes & Policies: MSME Schemes Govt. Regulatory Bodies: Udyog Samwad, Department of Industries Bihar Udyog Mitra 6

7 MSME Schemes Credit Linked Capital Subsidy Scheme (CLCSS) 15% Upfront Subsidy on Machinery Credit Guarantee Trust for MSE (CGTMSE) Quality Management System/Quality Technology Tools (QMS/QTT Lean Manufacturing Design Clinics Support for Entrepreneurial and Managerial Development of SMEs through Incubator 7

8 Udyog Samwad Udyog Samvad is a platform for direct dialogue between Department of Industries, Govt. of Bihar and the new entrepreneurs and existing entrepreneurs who want to setup or already setup or going to setup an enterprise in Bihar. Department of Industries Bihar has set up this initiative to resolve the issues of the existing entrepreneurs and to answer the queries of all potential entrepreneurs in the state It also features links to the existing schemes and provides information about various licenses and permits required by the entrepreneurs. 8

9 Udyog Mitra Udyog Mitra, a Society under Department of Industries, Government of Bihar is an information repository to the investors and will help them in providing clearances from different government departments. The organization conducts investor presentations, seminars, meets, conferences etc. for showcasing Bihar as a potential investment location. They also provide technical guidance in the form of relevant project profiles and policy information to entrepreneurs setting up all kinds of industries. Entrepreneur Assistance Cell has also been set up by the organization. 9

10 Access to Finance 12

11 Schemes: Bihar Industrial Investment Promotion Policy 2016 Bihar Tourism Policy 2009 BIHAR Start-Up Policy

12 Bihar Industrial Investment Promotion Policy 2016 State shall extend Interest Subvention to all the eligible units on the term loan availed by the unit from a scheduled nationalized bank or financial institution approved by RBI/SEBI. In case of a new unit established by a SC/ ST entrepreneur, the rate of interest for interest subvention will be 11.5% or actual rate of interest on term loan, whichever is lower (except for Micro and Small units). In case of micro and small units being established by a SC/ ST entrepreneur, the rate of interest for interest subvention will be 13.8% or actual rate of interest on term loan, whichever is lower. Reimbursement on Stamp Duty/ Registration fee 100% reimbursement of land conversion fees All new units shall be eligible for 100% reimbursement of the electricity duty 12

13 Bihar Tourism Policy 2009 The policy aims to focus on domestic tourism as a major driver of tourism growth. The following incentives will be available for private entrepreneurs: 1. Full (100%) exemption in Stamp Duty and Registration Fee in lease/sale/transfer of land for setting up a tourism project 2. New Projects shall be exempt from Luxury Tax for seven years from the commencement of commercial operations. 3. Full (100%) exemption in Electricity Duty for seven years. Full (100%) exemption in Conversion Charge. 4. Reimbursement of the cost incurred in the project report preparation by the tourism units at the rate of 50% subject to a maximum of Rs. 75,000/- provided the project report is prepared by any of the firms recognized by the Industry Department. 16

14 Bihar Tourism Policy 2009: Benefits 5. New tourism units will be granted relief from payment of electricity duty under the Bihar Electricity Duty Act, 1948 for the generation and for own consumption of electricity from D.G. Set and Captive Power Units % of the amount spent on plant and machinery in the establishment of Captive Power Generation/Diesel Generating Set will be granted to the unit. 7. If an entrepreneur obtains Technical Know-how from any recognized National Research Centre / laboratory or institution to establish or to expand his industry, he will be reimbursed 30% (maximum Rs lakh) of the fee paid to the institution / organization for the technical knowhow % of cost incurred in obtaining certificate of I.S.O. standard (or equivalent) from reputed national/international level organizations, would be reimbursed by the State Government. 14

15 Bihar Start-Up policy 2017 The policy gives access to resources, mentorship, and incubation centres. Industries that are not more than five years old with a turnover of less than Rs 25 crore are eligible for benefits under this new policy. Bihar will drive its start-up initiatives with the formula YUVA Yes to start-ups (awareness, networking and mentoring campaign), Unleash (regulatory enablers for supporting start-ups), Vibrancy (in education system to encourage and facilitate start-ups) and Access (to finance and incubate). The policy will facilitate development of Entrepreneurship Development Centers in divisional towns and Nagar Nigam(s), and Entrepreneurship Facilitation Centers to increase awareness and promote entrepreneurship. 7

16 Bihar Startup policy: Benefits Under the policy, entrepreneurs belonging to Scheduled Castes, Scheduled Tribes and also physically challenged entrepreneurs would be given 15 percent additional financial support, while women entrepreneurs would get 5 per cent additional financial support. The Bihar Startup Policy will also facilitate the creation of common infrastructure for startups such co-working spaces, shared facilities like R&D labs, software and hardware like high-end printers, computers, common testing labs and tool rooms and shared services like legal, accounting, technology, patents, and investment banking. Bihar Government has set up a Rs.500 Crore ($76 Million) venture fund for the State Startups to promote young entrepreneurship in the state. A Seed Grant upto Rs 10 Lakhs per start-up as interest free loan for 10 years shall be provided to startups. 16

17 Education & Cultural Preparedness 18

18 Educational Institutions Promoting Entrepreneurship NEEDS: Nalanda Educational & Entrepreneurship Development School- Project Management Association Bihar: PMA is responsible for identification of entrepreneurs, assisting them in selection of suitable projects according to their strength, and place them appropriately. 19

19 Mentoring & Networking 20

20 Startup Incubators, Co-Working Spaces Bihar Entrepreneurs Association (BEA): They provide a platform for new enterprises, start ups and potential entrepreneurs from the state to establish a successful business. BEA works under guidance and in collaboration with the Department of Industries, Govt. of Bihar, MSME Dept, many National and International Organizations. Their project Bihar start-up Yatra is biggest Entrepreneurship Campaign in the Country covering almost 200 institutions in all 38 districts and 40,000 interactions with potential entrepreneurs/people with ideas and proposals. 21

21 Enterprising Zone: The EZ Incubation Center has been set up in association with Department of Industries, Govt. of Bihar and Bihar Entrepreneur association. Incubation Centre IIT Patna: The proposed incubator at IIT Patna will have programs designed to support the successful development of entrepreneurial companies through an array of industry support resources and services, developed and orchestrated by incubator management and offered both in the incubator and through its network of contacts. 21

Entrepreneurship Ecosystem Overview. Assam

Entrepreneurship Ecosystem Overview. Assam Entrepreneurship Ecosystem Overview Assam 1 Levers of change Entrepreneurship Following are the key levers of change which determine whether a state s policy, education, legal framework, financial systems,

More information

Entrepreneurship Ecosystem Overview Puducherry

Entrepreneurship Ecosystem Overview Puducherry Entrepreneurship Ecosystem Overview Puducherry 1 Levers of change Entrepreneurship Following are the key levers of change which determine whether a state s policy, education, legal framework, financial

More information

Entrepreneurship Ecosystem Overview Goa

Entrepreneurship Ecosystem Overview Goa Entrepreneurship Ecosystem Overview Goa 1 Levers of change Entrepreneurship Following are the key levers of change which determine whether a state s policy, education, legal framework, financial systems,

More information

Entrepreneurship Ecosystem Overview Rajasthan

Entrepreneurship Ecosystem Overview Rajasthan Entrepreneurship Ecosystem Overview Rajasthan Levers of change Entrepreneurship Following are the key levers of change which determine whether a state s policy, education, legal framework, financial systems,

More information

CSR

CSR Index 1. Startup Ecosystem in Gujarat 2. Compliance with the Labour and Environment Laws 3. Hub/Incubators 4. Good Practices 5. Future plans including reforms 6. CSR initiatives by industries in Gujarat

More information

Start Up INDIA Action Plan Start ups Innovation and growth In INDIA

Start Up INDIA Action Plan Start ups Innovation and growth In INDIA Start Up INDIA Action Plan 2016 Start ups Innovation and growth In INDIA What if your idea is not just an idea? What if it sees light? What if it s really born? What if you can get someone to believe in

More information

MANUFACTURING STARTUPS

MANUFACTURING STARTUPS HIGHLIGHTS, SNAPSHOT, UNIQUE ADVANTAGES Ÿ Bengaluru is the startup capital of India and is among the 20 best start up city ecosystems in the world Ÿ State is 4th largest technology cluster globally and

More information

Just For Starters: How To Become A Successful Businessman? (3rd Revised Edition)

Just For Starters: How To Become A Successful Businessman? (3rd Revised Edition) Just For Starters: How To Become A Successful Businessman? (3rd Revised Edition) Author: NPCS Board Format: Paperback ISBN: 9789381039038 Code: NI30 Pages: 336 Price: Rs. 475.00 US$ 75.00 Publisher: NIIR

More information

GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF INDUSTRIAL POLICY & PROMOTION RAJYA SABHA PROGRESS MADE UNDER 'STARTUP INDIA'

GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF INDUSTRIAL POLICY & PROMOTION RAJYA SABHA PROGRESS MADE UNDER 'STARTUP INDIA' GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF INDUSTRIAL POLICY & PROMOTION 4482. SHRI BHUPENDER YADAV: RAJYA SABHA UNSTARRED QUESTION NO. 4482. TO BE ANSWERED ON WEDNESDAY, THE 12

More information

BIHAR START-UP POLICY, 2017

BIHAR START-UP POLICY, 2017 BIHAR START-UP POLICY, 2017 Department Of Industries, Govt. Of Bihar BIHAR START-UP POLICY, 2017 Department Of Industries, Govt. Of Bihar Table of Contents 1 Preamble 1 2 Vision 2 3 Policy Period 2 4

More information

ENCOURAGEMENT TO YOUNG ENTREPRENEURS FOR STARTING BUSINESS. Will the Minister of COMMERCE AND INDUSTRY be pleased to state:

ENCOURAGEMENT TO YOUNG ENTREPRENEURS FOR STARTING BUSINESS. Will the Minister of COMMERCE AND INDUSTRY be pleased to state: GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF INDUSTRIAL POLICY & PROMOTION RAJYA SABHA UNSTARRED QUESTION NO. 4176. TO BE ANSWERED ON WEDNESDAY, THE 4 th APRIL, 2018. ENCOURAGEMENT

More information

Action Plan for Startup India

Action Plan for Startup India M.M.K. Sardana * [Abstract: This Note elaborates the Action Plan Government of India for the Startups.] People have the potential to work hard and all they need is a promising start. Many people have ideas

More information

2018/SMEWG/DIA/009 INADEM s Programs to Support SMEs, Innovation and Entrepreneurship

2018/SMEWG/DIA/009 INADEM s Programs to Support SMEs, Innovation and Entrepreneurship 2018/SMEWG/DIA/009 INADEM s s to Support SMEs, Innovation and Entrepreneurship Submitted by: Mexico Policy Dialogue on Micro, Small and Medium Enterprises Internationalization Port Moresby, Papua New Guinea

More information

No. 1-35/IT/A & N /2009 Andaman and Nicobar Administration Information Technology *** PRESS NOTE

No. 1-35/IT/A & N /2009 Andaman and Nicobar Administration Information Technology *** PRESS NOTE 1 No. 1-35/IT/A & N /2009 Andaman and Nicobar Administration Information Technology *** PRESS NOTE The Information Technology Department of A & N Administration has drafted a policy for development and

More information

Want to Be Your Own Boss? This Is the Gateway

Want to Be Your Own Boss? This Is the Gateway Want to Be Your Own Boss? This Is the Gateway Post-Graduate Diploma in Entrepreneurship and Enterprise Development (PG-DEED) ni-msme announces eleven month full-time Post-Graduate Diploma in Entrepreneurship

More information

MSME Sector MAKE IN INDIA. Achievements Report. Department of Industrial Policy and Promotion. Ministry of Micro, Small and Medium Enterprises

MSME Sector MAKE IN INDIA. Achievements Report. Department of Industrial Policy and Promotion. Ministry of Micro, Small and Medium Enterprises MAKE IN INDIA 1 Department of Industrial Policy and Promotion Ministry of Micro, Small and Medium Enterprises MSME Sector Achievements Report February 13, 2017 Table of Contents 03 Policy Initiatives &

More information

Department of Industries and Commerce

Department of Industries and Commerce Department of Industries and Commerce Head Of The Department- The Industries Commissioner and Director of Industries and Commerce, Guindy, Chennai-32 Office Address The General Manager, District Industries

More information

Innovative R&D in Biotech Sector. Dr. Purnima Sharma Managing Director Biotech Consortium India Limited New Delhi

Innovative R&D in Biotech Sector. Dr. Purnima Sharma Managing Director Biotech Consortium India Limited New Delhi Innovative R&D in Biotech Sector Dr. Purnima Sharma Managing Director Biotech Consortium India Limited New Delhi ABOUT BCIL Biotech Consortium India Limited INCORPORATED : 1990 PROMOTER : Department of

More information

Entrepreneurship Development Program Certification

Entrepreneurship Development Program Certification Entrepreneurship Development Program Certification Date: Sunday, 17 th July 2016 10:00 AM to 5:30 PM Venue: Shri Satyanarayan Inter College Bhanswal Road near Gaur Mandi Pin-247776 1 Agenda What we wish

More information

UTTRAKHAND MICRO, SMALL & MEDIUM ENTERPRISE POLICY-2015

UTTRAKHAND MICRO, SMALL & MEDIUM ENTERPRISE POLICY-2015 UTTRAKHAND MICRO, SMALL & MEDIUM ENTERPRISE POLICY-2015 Government of Uttarakhand has sanctioned the MSME Policy-2015 for promoting investment in the MSME Sector through Investment Promotion as well as

More information

Karnataka-Industrial Policy

Karnataka-Industrial Policy Preamble (MSME Related) Karnataka-Industrial Policy Karnataka has been a pioneer in Industry. For several years now, the State has been consistently pursuing progressive Industrial policies to meet the

More information

TEXTILE POLICY August, 2013 Department of Micro & Small Scale Enterprises and Textiles GOVT. OF WEST BENGAL

TEXTILE POLICY August, 2013 Department of Micro & Small Scale Enterprises and Textiles GOVT. OF WEST BENGAL 1 TEXTILE POLICY 2013-2018 29 August, 2013 Department of Micro & Small Scale Enterprises and Textiles GOVT. OF WEST BENGAL 2 PREAMBLE West Bengal has a long history and tradition in textiles. The sector

More information

RAJIV GANDHI UDYAMI MITRA YOJANA

RAJIV GANDHI UDYAMI MITRA YOJANA RAJIV GANDHI UDYAMI MITRA YOJANA (A Scheme for Promotion and Handholding of Micro and Small Enterprises) Recognizing the importance of micro and small enterprises, which constitute an important segment

More information

GUJARAT INDUSTRIAL POLICY 2003

GUJARAT INDUSTRIAL POLICY 2003 GUJARAT INDUSTRIAL POLICY 2003 SMALL AND MEDIUM ENTERPRISES Gujarat, since many years has been known as the land of entrepreneurs. It is this entrepreneurial spirit that ushered the process of emergence

More information

(SME s) Access to Finance, Going Forward Strategy

(SME s) Access to Finance, Going Forward Strategy (SME s) Access to Finance, Going Forward Strategy Manal Farhan Ibrahim/Shkoukani Ministry of National Economy 23 rd March 2016 1 The Importance of MSMEs for the Economy MSMEs are a vital means to develop

More information

'START-UP INDIA' SCHEME 1

'START-UP INDIA' SCHEME 1 December 29, 2017 'START-UP INDIA' SCHEME 1 As on December 1, 2017, a total of 5350 Startups have been recognized by Department of Industrial Policy and Promotion (DIPP) for availing benefits under Startup

More information

Guidelines of New Entrepreneur-Cum-Enterprise Development Scheme (NEEDS)

Guidelines of New Entrepreneur-Cum-Enterprise Development Scheme (NEEDS) Guidelines of New Entrepreneur-Cum-Enterprise Scheme (NEEDS) 1. Objectives (i) Educated youth will be given entrepreneurship training to groom them as first generation entrepreneurs on the essentials of

More information

International Journal of Business and Administration Research Review, Vol. 2, Issue.17, Jan - March, Page 81

International Journal of Business and Administration Research Review, Vol. 2, Issue.17, Jan - March, Page 81 MSMES SCHEMES FOR THE EMPOWERMENT OF WOMEN ENTREPRENEURS WITH SPECIAL REFERENCE TO KERALA Dr. Shiny V N. Post Doctoral Fellow, Department of Commerce, School of Business Management & Legal Studies, University

More information

Speech for Minister of MSME on occasion of meeting of National Board for MSME to be held on 10 th July 2015

Speech for Minister of MSME on occasion of meeting of National Board for MSME to be held on 10 th July 2015 Speech for Minister of MSME on occasion of meeting of National Board for MSME to be held on 10 th July 2015 The Prime Minister of India has envisioned making country as a Manufacturing Hub. He has visualise

More information

SAINT-PETERSBURG: PERSPECTIVE COOPERATION. GOVERNMENT OF SAINT-PETERSBURG Committee for Industrial policy and innovations

SAINT-PETERSBURG: PERSPECTIVE COOPERATION. GOVERNMENT OF SAINT-PETERSBURG Committee for Industrial policy and innovations SAINT-PETERSBURG: PERSPECTIVE COOPERATION GOVERNMENT OF SAINT-PETERSBURG Committee for Industrial policy and innovations 1 STRUCTURE AND DYNAMICS OF THE INDUSTRIAL COMPLEX OF ST. PETERSBURG IN FIRST HALF

More information

TEXTILE POLICY (Draft)

TEXTILE POLICY (Draft) For Feedback TEXTILE POLICY (Draft) 16 May 2013 GOVT. OF WEST BENGAL 2013-2018 This is the basic framework of the Textile Policy that the state government desires to develop. The contents of this document

More information

MaDeIT Innovation Foundation: Policies and Procedures for Incubation and Incubatees

MaDeIT Innovation Foundation: Policies and Procedures for Incubation and Incubatees MaDeIT Innovation Foundation: Policies and Procedures for Incubation and Incubatees Version 1.0 Dated 09 Jan 2017 Approved by the Board of Directors, MaDeIT Innovation Foundation Introduction: MaDeIT Innovation

More information

Implementing Economic Policy for Innovation and Entrepreneurship: The Mexican Case. Lorenza Martinez April, 2012

Implementing Economic Policy for Innovation and Entrepreneurship: The Mexican Case. Lorenza Martinez April, 2012 Implementing Economic Policy for Innovation and Entrepreneurship: The Mexican Case Lorenza Martinez April, 2012 1 Mexican economic development strategy based on fostering productivity 1 The projections

More information

Union Budget 2018 Proposals and impact on IT/ITeS sector

Union Budget 2018 Proposals and impact on IT/ITeS sector Union Budget 2018 Proposals and impact on IT/ITeS sector The Union Budget 2018 was presented today reiterating the Government s commitment to leverage technology and digitalization as a key for India s

More information

Presentation for BFSI Group on Maharashtra Package Scheme of Incentives CA. Sandeep Chitnis

Presentation for BFSI Group on Maharashtra Package Scheme of Incentives CA. Sandeep Chitnis Presentation for BFSI Group on Maharashtra Package Scheme of Incentives -2013 CA. Sandeep Chitnis 1 Government of Maharashtra Industries, Energy and Labour Department Package Scheme of Incentive -2013

More information

Incubator Policy and Procedures

Incubator Policy and Procedures ANNEXURE-1 SIDBI Innovation and Incubation Center INDIAN INSTITUTE OF TECHNOLOGY, KANPUR Incubator Policy and Procedures November 2014 Incubator Policies and Procedures Policy Objectives: The goal of SIDBI

More information

Subject: Comments / Suggestions of Indian Industries Association on the proposed Business Accelerator and Start up Programme (BASP) Madam,

Subject: Comments / Suggestions of Indian Industries Association on the proposed Business Accelerator and Start up Programme (BASP) Madam, Reference No. 4/MSME GOI/11846 23.01.2015 Ms Sunita Chhibba Economic Advisor Ministry of Micro, Small and Medium Enterprises Government of India Udyog Bhawan, New Delhi 110011 Subject: Comments / Suggestions

More information

Innovation Academy. Business skills courses for Imperial Entrepreneurs

Innovation Academy. Business skills courses for Imperial Entrepreneurs INNOVATION ACADEMY Innovation Academy Business skills courses for Imperial Entrepreneurs Innovation Academy Business skills courses for Imperial entrepreneurs Imperial Innovations has launched Innovation

More information

<PRESENTATION TITLE> Export Facilitation Through EXIM BANK. <Prese ter s Na e> <Designation> <Date> <Venue> 1

<PRESENTATION TITLE> Export Facilitation Through EXIM BANK. <Prese ter s Na e> <Designation> <Date> <Venue> 1 Export Facilitation Through EXIM BANK 1 EXIM Bank (A brief Introduction) Set up in September 1981 under an Act of Parliament to finance,

More information

POLICY FOR DEVELOPMENT OF SOLAR PARKS IN THE STATE OF MADHYA PRADESH

POLICY FOR DEVELOPMENT OF SOLAR PARKS IN THE STATE OF MADHYA PRADESH Preamble: POLICY FOR DEVELOPMENT OF SOLAR PARKS IN THE STATE OF MADHYA PRADESH State Government (GoMP) has notified its policy for implementation of solar power based projects 2012. In clause number 4

More information

Information Technology Policy of Orissa of India

Information Technology Policy of Orissa of India Information Technology Policy of Orissa of India By Government of Orissa The Government of Orissa has recognized Electronics and Software as a thurst area and a priority sector because of its great potential

More information

Canadian Accelerators

Canadian Accelerators Canadian Accelerators Company Focus Conditions Description Sherbrooke,QC Innovative firms and/or start-up technologies Cash investment up to $20,000, professional services in kind, and 5% equity investment

More information

INDUSTRIES AND COMMERCE DEPARTMENT

INDUSTRIES AND COMMERCE DEPARTMENT GOVERNMENT OF JAMMU AND KASHMIR GUIDELINES FOR SETTING UP OF STARTUP HUB & INCUBATORS INDUSTRIES AND COMMERCE DEPARTMENT 2 3 Annexure-I to Government Order No: 248-Ind of 2017 Dated: 25-10-1017 GUIDELINES

More information

( ) Page: 1/15. Committee on Subsidies and Countervailing Measures SUBSIDIES

( ) Page: 1/15. Committee on Subsidies and Countervailing Measures SUBSIDIES 5 September 2017 (17-4724) Page: 1/15 Committee on Subsidies and Countervailing Measures Original: English SUBSIDIES NEW AND FULL NOTIFICATION PURSUANT TO ARTICLE XVI:1 OF THE GATT 1994 AND ARTICLE 25

More information

India has a large youth population

India has a large youth population Startupreneurs Startupreneurs Forum Forum Vision: To create and develop an ecosystem for India to become a Nation of Startupreneurs CII Startupreneurs Forum India has a large youth population within the

More information

Ohio Third Frontier Program

Ohio Third Frontier Program Ohio Third Frontier Program Overview Created in 2002, the Ohio Third Frontier is an unprecedented commitment to create new technology-based products, companies, industries and jobs. In May, the Ohio Third

More information

SCHEME FOR SETTING UP OF PLASTIC PARKS

SCHEME FOR SETTING UP OF PLASTIC PARKS SCHEME FOR SETTING UP OF PLASTIC PARKS I. Preamble The share of India in world trade of plastics is very low. The Indian Plastics industry is large but highly fragmented with dominance of tiny, small and

More information

Local Business Council Initiation Seminar. 28 November 2014

Local Business Council Initiation Seminar. 28 November 2014 Local Business Council Initiation Seminar 28 November 2014 Content Introduction Alignment of Council with other initiatives Bapo ba Mogale Investments Strategy Proposed Bapo Business Council Strategy Tools

More information

Driving Innovation in MSME s

Driving Innovation in MSME s Driving Innovation in MSME s Ms. Deepali Shahane Lecturer, I.M.E.D. Bharati Vidyapeeth, Pune email: shahanedeepali@gmail.com Mr. Dhananjay Shahane Principal Designer, Aakruti consultants email: dshahane@aakruticonsultants.com

More information

Startup India Kit. Starter Kit for budding entrepreneurs, visionaries and dreamers!

Startup India Kit. Starter Kit for budding entrepreneurs, visionaries and dreamers! Department of Industrial Policy & Promotion Ministry of Commerce & Industry Government of India Startup India Kit Starter Kit for budding entrepreneurs, visionaries and dreamers! Dated: 26 February, 2018

More information

THE BETTER ENTREPRENEURSHIP POLICY TOOL

THE BETTER ENTREPRENEURSHIP POLICY TOOL THE BETTER ENTREPRENEURSHIP POLICY TOOL SOCIAL ENTREPRENEURSHIP SELF-ASSESSMENT STATEMENTS Social Entrepreneurship Culture Institutional Framework Legal & Regulatory Frameworks Access to Finance Access

More information

BioNEST. Bioincubators Nurturing Entrepreneurship for Scaling Technologies

BioNEST. Bioincubators Nurturing Entrepreneurship for Scaling Technologies BioNEST Bioincubators Nurturing Entrepreneurship for Scaling Technologies Version: 2 Date: 04 07 2018 BioNEST Bioincubators Nurturing Entrepreneurship for Scaling Technologies Scaling Bio-incubators in

More information

GOVERNMENT OF TELANGANA ABSTRACT

GOVERNMENT OF TELANGANA ABSTRACT GOVERNMENT OF TELANGANA ABSTRACT Industries & Commerce Department Incentives for Textiles and Apparel Sector Telangana Textile and Apparel Incentive Scheme 2017 - Orders Issued INDUSTRIES AND COMMERCE

More information

Zakariah Abdul Rashid

Zakariah Abdul Rashid Malaysian Institute of Economic Research (MIER) Zakariah Abdul Rashid The views expressed in this paper/presentation are the views of the author and do not necessarily reflect the views or policies of

More information

To boost the activities related to innovation and start-ups in the state, "Maharashtra State Innovation and Start-up Policy" draft proposal has been

To boost the activities related to innovation and start-ups in the state, Maharashtra State Innovation and Start-up Policy draft proposal has been Government of Maharashtra Skill Development and Entrepreneurship Department Maharashtra State Innovation and Start-up Policy Draft for stakeholders and citizens suggestions To boost the activities related

More information

West Bengal Incentive Scheme 2007 for Micro and Small Scale Units.

West Bengal Incentive Scheme 2007 for Micro and Small Scale Units. West Bengal Incentive Scheme 2007 for Micro and Small Scale Units. All industrial units setup on or after 1 st April 2007 are eligible for WBIS 2007 and the incentives are as under. 1. Capital Investment

More information

Developing Hard and Soft Infrastructure in MSME Clusters

Developing Hard and Soft Infrastructure in MSME Clusters Developing Hard and Soft Infrastructure in MSME Clusters RCM Reddy Managing Director, IL&FS Clusters 22nd July 2010, New Delhi Hard Cluster Common Infrastructure Soft Infrastructure Prerequisite to sustainable

More information

Bright Future Program REQUEST FOR PROPOSAL

Bright Future Program REQUEST FOR PROPOSAL Bright Future Program Pathway 2 REQUEST FOR PROPOSAL Incubation Program Issuance Date: 01, April 2018 Closing Date: 30, April 2018 CALL FOR KABUL BASED ENTREPRENEURIAL MINDED ORGANIZATIONS, INCLUDING BUSINESS

More information

Guidelines for Start Ups Haryana Entrepreneur & Startup Policy 2017

Guidelines for Start Ups Haryana Entrepreneur & Startup Policy 2017 Government of Haryana/ gfj;k.kk ljdkj Secretariat for Information Technology lwpuk izks ksfxdh lfpoky; Guidelines for Start Ups Haryana Entrepreneur & Startup Policy 2017 9 th Floor, Haryana Civil Secretariat,

More information

Small Business and Entrepreneurship Development

Small Business and Entrepreneurship Development Small Business and Entrepreneurship Development The goal today providing a framework for understanding and supporting small business and entrepreneurship Mark Lange and Todd Strother, Ph.D., MS Madison,

More information

WHITEPAPER: BUSINESS INCUBATORS

WHITEPAPER: BUSINESS INCUBATORS WHITEPAPER: BUSINESS INCUBATORS I. Business incubator generally Business incubators are programs designed to support the successful development of start-up and fledgling companies by providing entrepreneurs

More information

STARTUPS. Presentation by Giorgio Guidi CEO & Founder THE HIVE Business Incubator. Foreign Direct Investment Department Italian Trade Agency Rome

STARTUPS. Presentation by Giorgio Guidi CEO & Founder THE HIVE Business Incubator. Foreign Direct Investment Department Italian Trade Agency Rome STARTUPS Presentation by Giorgio Guidi CEO & Founder THE HIVE Business Incubator Foreign Direct Investment Department Italian Trade Agency Rome Dubai 9th November 2016 www.ice.gov.it Sector Overview Startup

More information

portugalventures.pt

portugalventures.pt Rules and Regulations Version 3.0 Release date: September 2017 Portugal Capital Ventures, S.A. 1 Article 1 Purpose 1.1 Ventures is a venture capital investment fund created under the scope of the Azorean

More information

Bright Future Program REQUEST FOR PROPOSAL

Bright Future Program REQUEST FOR PROPOSAL Bright Future Program Pathway 2 REQUEST FOR PROPOSAL Incubation Program Issuance Date: 10, October 2017 Closing Date: 31, October 2017 CALL FOR KABUL BASED ENTREPRENEURIAL MINDED ORGANIZATIONS, INCLUDING

More information

Enterprise Directorate General. European Commission

Enterprise Directorate General. European Commission Promote entrepreneurship Enhance growth and competitiveness Improve administrative and regulatory environment Improve financial environment Facilitate access to Community support services and networks

More information

INCUBATION OPPORTUNITY FOR NEW ENTREPRENEURS

INCUBATION OPPORTUNITY FOR NEW ENTREPRENEURS (A Subsidiary Company of M.P. Trade and Investment Facilitation Corp. Ltd., Bhopal) IIDC Plaza, 39-City Center, Gwalior-474011 (M.P.) Phone : +91-751-2374506, 2426614, Fax : +91-751-2375145 Email : iidcgwalior@gmail.com

More information

IIT Madras Research Park Incubation Space in Phase II

IIT Madras Research Park Incubation Space in Phase II IIT Madras Research Park Incubation Space in Phase II Indian Institute of Technology, Madras (IITM) is one of India s leading technological institutions providing world-class educational and research programmes.

More information

Industrial Policy

Industrial Policy Industrial Policy 2014-19 Government of Chhattisgarh Department of Commerce and Industries Note This English translation is for reference purposes only. In the event of any discrepancy between the Hindi

More information

Helping Karnataka s industries reach new heights

Helping Karnataka s industries reach new heights POLICY ADVISORY July, 2014 Helping Karnataka s industries reach new heights Industrial policy recommendations for 20141 PART 1: POLICY RECOMMENDATIONS 1. Solve land limitation problems by permitting multi-storey

More information

Apparel Incubation Center at Gwalior, MP

Apparel Incubation Center at Gwalior, MP Apparel Incubation Center at Gwalior, MP (Sponsored by Ministry of Textiles, GoI and implemented by Industrial Infrastructure Development Corporation (IIDC, Gwalior), Government of Madhya Pradesh along

More information

Public-Private Partnership and South-South Cooperation. Conference on South-South Cooperation March 11, 2016, New Delhi

Public-Private Partnership and South-South Cooperation. Conference on South-South Cooperation March 11, 2016, New Delhi Public-Private Partnership and South-South Cooperation Conference on South-South Cooperation March 11, 2016, New Delhi Purpose of the South-South Cooperation is to foster self-reliance of developing countries

More information

Scheme for setting up of NSIC Training-cum-Incubation Centre (NSIC-TIC) for Small Enterprise Establishment under Public Private Partnership (PPP) Mode

Scheme for setting up of NSIC Training-cum-Incubation Centre (NSIC-TIC) for Small Enterprise Establishment under Public Private Partnership (PPP) Mode Scheme for setting up of NSIC Training-cum-Incubation Centre (NSIC-TIC) for Small Enterprise Establishment under Public Private Partnership (PPP) Mode 1. Background 1.1 National Small Industries Corporation

More information

Department of Industries

Department of Industries Department of Industries Maharashtra Industry, Trade & Investment Facilitation Cell (MAITRI) 22 nd August, 2014 Copyright 2014 Accenture All rights reserved. 1 Agenda 1 Project Introduction 2 Service Category

More information

Technology Business Incubator (TBI)

Technology Business Incubator (TBI) Technology Business Incubator (TBI) GENERAL GUIDELINES AND PROFORMA FOR SUBMISSION OF PROPOSALS Government of India Ministry of Science & Technology Department of Science & Technology National Science

More information

A Study of Initiatives by Entrepreneurship Development Cell in Indian Institutes of Technology (IITs)

A Study of Initiatives by Entrepreneurship Development Cell in Indian Institutes of Technology (IITs) IMR (Indira Management Review) Volume X, Issue 2, December, 2016 A Study of Initiatives by Entrepreneurship Development Cell in Indian Institutes of Technology (IITs) Madhura Wagh* 1 Lecturer, RSSP's Maharashtra

More information

Making the Greek Startup Ecosystem Happen - Now

Making the Greek Startup Ecosystem Happen - Now Making the Greek Startup Ecosystem Happen - Now Presentation on SEV Conference: Designing the Future with Investments APRIL 2018 1 Copyright 2017 by The Boston Consulting Group, Inc. All rights reserved.

More information

Indian Startup Ecosystem. CA Yashwant J. Kasar B.Com, FCA, DISA, CISA, PMP

Indian Startup Ecosystem. CA Yashwant J. Kasar B.Com, FCA, DISA, CISA, PMP Indian Startup Ecosystem B.Com, FCA, DISA, CISA, PMP What is a Startup? SME v/s Startup Why Start-ups Fail? Is it about the "idea? It's about the "Problem" "Timing" of the Startup "Entrepreneurial Seizure"

More information

POWERING INNOVATION.

POWERING INNOVATION. POWERING INNOVATION www.alp.org.au The third wave of Labor s innovation reforms From the Leader of the Opposition s Budget Reply speech in May 2015, Labor has been announcing a comprehensive suite of measures

More information

Financial Instruments in Tourism Development

Financial Instruments in Tourism Development Financial Instruments in Tourism Development Neil MacCallum Senior Expert Advisor OECD LEED Centre Trento Overview Agenda Overview Coverage Strategies for development Private sector involvement Instruments

More information

ENTREPRENEURS MEMORANDUM NUMBER (IN CASE OF MICRO, SMALL &MEDIUM ENTERPRISES).

ENTREPRENEURS MEMORANDUM NUMBER (IN CASE OF MICRO, SMALL &MEDIUM ENTERPRISES). GOVERNMENT OF HIMACHAL PRADESH DIRECTORATE OF INDUSTRIES COMMON APPLICATION FORM FOR IN PRINCIPLE CLEARANCE OF LARGE & MEDIUM SCALE MANUFACTURING ENTERPRISES LISTED AS NEGATIVE ACTIVITY BY GOVERNMENT OF

More information

VIRTUAL BUSINESS INCUBATOR. Business Model Canvass

VIRTUAL BUSINESS INCUBATOR. Business Model Canvass VIRTUAL BUSINESS INCUBATOR Business Model Canvass MISSION To unite the global entrepreneurial ecosystem in the development of an affordable virtual business incubator for early stage startups. CUSTOMER

More information

Local Government Economic Development Incentives Survey for FY

Local Government Economic Development Incentives Survey for FY 1. Overview Thank you for taking the time to complete this survey. Before starting the online survey, you may find it useful to print this document and gather the required data. This survey questionnaire

More information

STRATEGY GUIDELINES OF BUSINESS & INVESTMENT DEVELOPMENT ( )

STRATEGY GUIDELINES OF BUSINESS & INVESTMENT DEVELOPMENT ( ) STRATEGY GUIDELINES OF BUSINESS & INVESTMENT DEVELOPMENT (2013-2020) 2020) Tirana, May 29, 2012 Current situation Vision, policies and policy s aim Policy objectives and products Costs and financial resources

More information

CONTENTS. Chapter 1: Introduction Preamble Chapter 2: Vision, Mission, Objective Vision Mission...

CONTENTS. Chapter 1: Introduction Preamble Chapter 2: Vision, Mission, Objective Vision Mission... UTTAR PRADESH ELECTRONICS MANUFACTURING POLICY-2017 CONTENTS Chapter 1: Introduction... 2 1.1 Preamble... 2 Chapter 2: Vision, Mission, Objective... 3 2.1 Vision... 3 2.2 Mission... 3 2.3 Objective...

More information

DRAFT. GOVERNMENT OF TELANGANA ITE&C Department Telangana Electronics Policy 2016

DRAFT. GOVERNMENT OF TELANGANA ITE&C Department Telangana Electronics Policy 2016 DRAFT GOVERNMENT OF TELANGANA ITE&C Department Telangana Electronics Policy 2016 1 Contents 1. Preamble: Electronics Sector Today... 4 2. Electronics in Telangana... 6 3. Vision and Goals... 6 4. Focus

More information

SEM -6. Entrepreneurship and Small Scale Business

SEM -6. Entrepreneurship and Small Scale Business SEM -6 Entrepreneurship and Small Scale Business Unit 1 Introduction to Entrepreneurship Q.1 Multiple Choice Questions:- 1. Entrepreneurial behaviours includes: (a) Solving problems (b) Taking initiatives

More information

Access to finance for innovative SMEs

Access to finance for innovative SMEs A policy brief from the Policy Learning Platform on SME competitiveness July 2017 Access to finance for innovative SMEs Policy Learning Platform on SME competitiveness Introduction Entrepreneurship is

More information

SME Programs Empowering Young Entrepreneurs, Launching High-Impact Enterprises

SME Programs Empowering Young Entrepreneurs, Launching High-Impact Enterprises SME Programs Empowering Young Entrepreneurs, Launching High-Impact Enterprises Job Creation through Value Creation mincon Conference on Investment and Finance of the ICT Sector in the Arab Region May 9,

More information

Vignana Jyothi Technology & Business Incubator (VJTBI) Incubation Policy

Vignana Jyothi Technology & Business Incubator (VJTBI) Incubation Policy Vignana Jyothi Technology & Business Incubator (VJTBI) Incubation Policy Revision Date Prepared by Comments 0.1 01 Sep 2016 Dr. A S Rao Initial draft version. 0.2 03 Nov 2016 Mr.Narayana Rao Reviewed and

More information

Gujarat Chamber of Commerce & Industry. GCCI MSME Excellence Award

Gujarat Chamber of Commerce & Industry. GCCI MSME Excellence Award Gujarat Chamber of Commerce & Industry GCCI MSME Excellence Award 2016-17 As an initiative to recognize outstanding performance by Micro, Small and Medium enterprises, Gujarat Chamber of Commerce & Industry

More information

National Biotechnology Parks Scheme

National Biotechnology Parks Scheme National Biotechnology Parks Scheme DEPARTMENT OF BIOTECHNOLOGY DEPARTMENT MINISTRY OF OF BIOTECHNOLOGY SCIENCE & TECHNOLOGY GOVERNMENT OF INDIA The Department of Biotechnology promotes innovative research

More information

The role of national development banks un fostering SME access to finance

The role of national development banks un fostering SME access to finance The role of national development banks un fostering SME access to finance Hernando Castro. Bancoldex. Colombia Septembre de 2017 Bancoldex s Ownership Structure Generalities Incorporated as a mixed stock

More information

Innovation and Entrepreneurship in the Global Economy

Innovation and Entrepreneurship in the Global Economy Innovation and Entrepreneurship in the Global Economy Sudha Balasubramanian sudha.pooja.78@gmail.com Alagappa University Entrepreneurs are the nation builders. According to NSSO report 254 out of every

More information

From Crisis to Start-Up City

From Crisis to Start-Up City From Crisis to Start-Up City THE NEW YORK CITY STORY Mark A. Thomas New York City Economic Development Corporation Senior Vice President - Partnerships MY ROLE @ NYCEDC Strategic private sector engagement

More information

Action Plan on 'Startup India'

Action Plan on 'Startup India' 19 January 2016 Action Plan on 'Startup India' Background In order to build a strong ecosystem for nurturing innovation and start-ups in the country that can drive sustainable economic growth and generate

More information

SEED SUPPORT SYSTEM (NIDHI-SSS)

SEED SUPPORT SYSTEM (NIDHI-SSS) NATIONAL INITIATIVE FOR DEVELOPING AND HARNESSING INNOVATIONS (NIDHI) SEED SUPPORT SYSTEM (NIDHI-SSS) GUIDELINES AND PROFORMA FOR SUBMISSION OF PROPOSALS Government of India Ministry of Science & Technology

More information

Biotechnology Policy. for the. State of Gujarat

Biotechnology Policy. for the. State of Gujarat Biotechnology Policy for the State of Gujarat (2016-21) Department of Science &Technology Government of Gujarat 2016 Page 1 of 26 Gujarat State Biotechnology (BT) Policy (2016-21) Government of Gujarat

More information

GUIDELINES FOR STATE INITIATIVES FOR MICRO & SMALL ENTERPRISES CLUSTER DEVELOPMENT

GUIDELINES FOR STATE INITIATIVES FOR MICRO & SMALL ENTERPRISES CLUSTER DEVELOPMENT GUIDELINES FOR STATE INITIATIVES FOR MICRO & SMALL ENTERPRISES CLUSTER DEVELOPMENT * * * * * 1. Short Title: Operational Guidelines for activities under State Initiatives for Micro & Small Enterprises

More information

Role of DIC, SISI, EDII, NIESBUD, NEDB.

Role of DIC, SISI, EDII, NIESBUD, NEDB. Role of DIC, SISI, EDII, NIESBUD, NEDB. The 'District Industries Centre' (DICs) programme was started by the central government in 1978 with the objective of providing a focal point for promoting small,

More information

Introduction & background. 1 - About you. Case Id: b2c1b7a1-2df be39-c2d51c11d387. Consultation document

Introduction & background. 1 - About you. Case Id: b2c1b7a1-2df be39-c2d51c11d387. Consultation document Case Id: b2c1b7a1-2df4-4035-be39-c2d51c11d387 A strong European policy to support Small and Medium-sized enterprises (SMEs) and entrepreneurs 2015-2020 Public consultation on the Small Business Act (SBA)

More information