Chapter 7

Supporting agencies and

institutional support
By
Vinay Kumar
Learning objectives

Describe different schemes offered by different

agencies for encouraging entrepreneurs

Describe the role of TECSOK

Explain the role and support provided by KIADB

Describe KSSIDC and its support services

Learning objectives
Explain marketing assistance provided by KSIMC

Describe role of DIC single window agency

Explain various services of KSFC

Explain SISI and its services

Describe schemes of NSIC

Understand the activities of SIDBI

Technical consultancy services
organization of Karnataka(TECSOK)

TECSOK is a multidisciplinary management

consultancy organization promoted by the
government of Karnataka to provide reliable
consultancy services in India

TECSOK has been excelling its expertise in a wide

range of services.
 The package of services includes feasibility
studies, market research, valuation of assets,
environment impact studies, energy management
and audit, management studies like corporate
plan, reorganization and restructuring of
enterprises, man power planning, budgetary
control systems etc.
TECSOK services
Location specific identification of investment
opportunities

Assistance in obtaining statutory and procedural

clearances

Feasibility studies and environment impact

studies

Preparation of detailed project reports as per

investment norms and financial norms

Market survey and research

TECSOK services

Project implementation and turn key assistance

Reorganization and restructuring of enterprises

Valuation of assets, man power planning &

budgetary control system

Energy management & audit, corporate plan,

technology transfer
TECSOK services

Diagnostic studies and rehabilitation of sick

industries
Designing and organizing training programmes

Since its inception, TECSOK has catalyzed a large

number of industries throughout the province

Management studies, company formation,

corporate plan, enterprise restructuring
 Port tariff study and related areas

Consultancy for agro-base industries as a Nodal

agency of Government of India

Consultancy for merger/takeovers

Infrastructure development project reports

Karnataka Industrial Areas Development
Board (KIADB)
Karnataka industrial areas development board
(KIADB) is a wholly owned infrastructure agency
of Government of Karnataka, set up under
Karnataka Industrial areas development act of
1966.
Aims and objectives of KIADB

Promote rapid and orderly development of

industries in the state

Assist in implementation of policies of government

within the purview of KIAD Act.

Facilitate for establishing infrastructure projects

Function on corporate lines, with No profit No

loss policy.
Functions of KIADB

Acquire land and form industrial areas

Provide all infrastructures to such industrial areas

Acquire land for single unit complexes

Acquire land for government agencies for their

schemes and infrastructure projects
Karnataka Small Scale Industries
Development Corporation- KSSIDC
KSSIDC ( then Mysore small industries corporation)
is rendering services to the small sector in the
state for more than 40 years

Establishment and management of industrial
estates

Procurement and distribution of raw materials

Assistance towards marketing

Supply of machinery under Hire purchase scheme

Providing guidance to SSI entrepreneurs

Providing technical library facilities

KSIMC(Karnataka State Industrial
Marketing Corporation )
Objective of creating market to SSI product

Catering the needs of SSI units to market

their products

Improve quality of the products;

Improve the production-manufacturing
processes;

Reduce prices

Augment exports
Karnataka state finance
corporation
KSFC is one of the fast track term lending
financial institutions in the country, with
assistance to more than 1,59,225 units
amounting to nearly 8,537 crore rupees over the
last 49 years in the state of Karnataka

It is one of the robust and professionally managed

state financial corporations
Services of MSME

Advising the Government in policy

formulation for the promotion and
development of MSMEs
Providing techno-economic and managerial
consultancy, common facilities and extension
services to MSMEs
Providing facilities for technology up
gradation, modernization, quality
improvement and infrastructure
Services of MSME
Developing Human resources through training and
skill up gradation
Providing economic information services
Maintaining a close liaison with the central
ministries, planning commission, state governments,
financial institutions and other organizations
concerned with development of MSMEs
Evolving and coordinating policies and programmes
for development of MSMEs as ancillaries to large
industries
Small Industries Development Bank of
India ( SIDBI)
Small industries development bank of India
( SIDBI) was established in April 1990 under
an act of Indian parliament as the principal
financial institution for:

Promotion

Financing

Development of industry in the small scale sector

Coordinating the functions of other institutions
engaged in similar activities
SIDBIs financial assistance

Indirect assistance to primary lending

institutions (PLIs);
Direct assistance to small units and
Development and support services