Entreprenuership

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S C H E M E S R E L AT E D T O

ENTREPRENEURSHIP
D E V E LO P M E N T I N I N D I A
V I N A Y A K B A L I
A T H A R VA J A D H AV
A N U S H K A K A L E
B H AV E S H P O R E
G A U R I A D S U R E
Micro-Enterprise Development
Programme (MEDP)
NABARD Entrepreneurship
Development Program (NEDP)
Launch Date:1999-2000.
Objectives:
1) Foster entrepreneurship among rural youth, women, and
Objectives: marginalized sections of society.
1) Sustainable Livelihoods 2) Encourage the establishment and growth of micro-enterprises in
2) Rural Development rural areas.
3) Enhance financial inclusion by facilitating access to credit and
3) Promoting Entrepreneurship
other financial services for micro-enterprises.

Eligibility Criteria: Eligibility Criteria:


Applicants are generally required to be residents of rural areas, Individuals residing in rural areas of India are eligible to
with priority often given to individuals from economically participate in the MEDP.
weaker sections, Scheduled Castes (SCs), Scheduled Tribes Applicants should have a viable business idea or plan to establish a
(STs), and other marginalized communities. micro-enterprise in sectors such as agriculture, agri-business,
animal husbandry, handloom, handicrafts, food processing, rural
tourism, etc.
• NABARD Dairy Entrepreneurship Development The Farm Sector Promotion Fund (FSPF)
Scheme (NABARD-DEDS)
Objectives:
Objectives:
1) Promotion of Entrepreneurship
1) Promote entrepreneurship in the dairy sector by
2) Enhancement of Agricultural Productivity
providing financial assistance for setting up modern
dairy units and supporting dairy-related activities. 3) Rural Employment Generation
2) Enhance milk production, procurement, and 4) FSPF promotes financial inclusion by providing
processing infrastructure in rural areas. access to credit and financial services for small and
3) Generate employment opportunities in rural areas, marginal farmers, agri-entrepreneurs, and rural
especially for landless laborers, small and marginal enterprises.
farmers, and women. Eligibility Criteria:
Eligibility Criteria: Applicants should submit a viable business plan or
• The proposed dairy unit should be located in a rural project proposal outlining the objectives, scope,
area and comply with environmental and other investment requirements, expected outcomes, and
regulatory norms. sustainability of the project.
• Preference may be given to applicants belonging to
economically weaker sections, Scheduled Castes (SCs),
Scheduled Tribes (STs), women, and differently-abled
individuals.
• Startup India:
• Pradhan Mantri MUDRA Yojana (PMMY)
• Launch Date: January 16, 2016.
• Launch Date: April 8, 2015 • Objectives:
• Objectives: 1) Innovation & Technology Development
1) Promotion of Entrepreneurship 2) Ease of Doing Business
2) Empowerment of Women Entrepreneurs 3) Job Creation
3) Job Creation • Eligibility:

• Eligibility: • Start-ups recognized by the Department for


Promotion of Industry and Internal Trade (DPIIT) are
• Individuals or entities engaged in non-farm eligible to avail of various benefits and incentives
income-generating activities such as under the Startup India initiative. These start-ups can
manufacturing, trading, and services sectors be registered as a private limited company,
are eligible. These include small shopkeepers, partnership firm, limited liability partnership (LLP),
fruit/vegetable vendors, artisans, and other or any other entity recognized by DPIIT.
micro-entrepreneurs. • To qualify as a startup under the Startup India
initiative, the entity should be in existence for up to
ten years from the date of its
incorporation/registration
• The start-up's turnover in any of the financial years
since its incorporation/registration should not exceed
₹100 crore.
• Stand Up India: • Skill India:
• Launch Date: April 5, 2016. • Launch Date: Skill India was launched on July
• Objectives: 15, 2015.
• Objectives:
1) Empowerment of Marginalized
Communities 1) Skill Development
2) Promotion of Entrepreneurship among 2) Inclusive Growth
Women and SC/ST Entrepreneurs 3) Employability Enhancement
3) Financial Inclusion • Eligibility:
• Eligibility: • Individuals aged 14 and above.
• Individuals aged 18 and above. • Individuals belonging to certain
• Individuals belonging to marginalized demographics such as people from
communities specifically SC/ST & women economically weaker sections.
entrepreneurs.
• Atal Innovation Mission (AIM): • Mahatma Gandhi National Rural Employment
• Launch Date: Atal Innovation Mission was Guarantee Act (MGNREGA):
launched on January 15, 2016. • Launch Date: MGNREGA was enacted on
• Objectives: August 25, 2005, and came into force on
February 2, 2006.
1) Establishment of Atal Tinkering Labs
• Objectives:
2) Promotion of Start-ups
1) Poverty Alleviation
3) Job Creation & Economic Development
2) Rural Infrastructure Development
• Eligibility:
3) Employment Guarantee
• Schools, both government and private, are
eligible to establish Atal Tinkering Labs (ATLs) • Eligibility:
under AIM • Individuals aged 18 and above.
• Start-ups across various sectors are eligible to • Individuals need to register with the local
benefit from AIM's initiatives such as Atal Gram Panchayat (village council) and submit an
Incubation Centers (AICs) and Atal New India application for employment under MGNREGA.
Challenges (ANICs).
• Prime Minister's Employment Generation • Udyog Aadhaar Memorandum (UAM):
Programme (PMEGP):
• Launch Date: Udyog Aadhaar Memorandum
• Launch Date: PMEGP was launched on August 15, (UAM) was launched on September 18, 2015.
2008.
• Objectives:
• Objectives:
1) The primary objective of UAM is to provide
1) Provides Financial Assistance to Micro MSMEs with a unique identity and facilitate easier
Enterprise. access to various benefits, subsidies, and support
schemes offered by the government.
2) Employment Generation
2) Encouragement of Formalization
3) Financial Inclusion
3) Access to Government Benefits and Support
• Eligibility Criteria: Eligiblity Criteria:
• Individuals above the age of 18 years who are willing Any micro, small, or medium-sized enterprise engaged
to establish new micro-enterprises or small in manufacturing, production, processing, or
businesses are eligible to apply under PMEGP. preservation of goods or providing services can register
• Generally, the project cost should not exceed ₹25 under Udyog Aadhaar Memorandum (UAM). The
lakhs for manufacturing enterprises and ₹10 lakhs enterprise should meet the eligibility criteria defined by
for service and trade enterprises. the MSME Development Act, 2006.
• The Maharashtra Centre for Entrepreneurship • The MSKVIB (Maharashtra State Khadi and Village
Development (MCED) Industries Board)
Launch Date:1980s or early 1990s • Launch Date: It was likely established around the
Objectives: time of India's independence or shortly thereafter to
support rural industries and employment generation.
1) Support for MSMEs
Objectives:
2) Business Incubation
1) Promotion of Khadi and Village Industries
3) Facilitating Access to Resources
2) Preservation of Traditional Crafts
3) Market Development
• The Maharashtra State Innovation Society • The Maharashtra Industrial Development
(MSInS) Corporation (MIDC)
Launch Date: late 2010s or early 2020s Launch Date: August 1, 1962
Objectives: Objectives:
1) Startup Ecosystem Development 1) Industrial Development
2) Promotion of Innovation 2) Investment Promotion
3) Technology Adoption 3) Infrastructure Development
4) Capacity Building 4) Cluster Development:
• Lokshahir Anna Bhau Sathe Development Company • Eligibility Criteria For all the schemes related to
Ltd Maharashtra Government

Launch Date: Residency: Individuals who are residents of


Maharashtra.
Objectives:
Compliance: Applicants may need to comply with legal
1) Entrepreneurship Training and regulatory requirements related to starting and
2) Financial Assistance running a business in Maharashtra.
3) Mentorship and Guidance
• Credit guarantee scheme • The Credit Linked Capital Subsidy Scheme for
• Launch Date: 30 August 2000 Technology Upgradation (CLCS-TUS)

• Objectives: Launch Date: 1January 2000

1) Facilitating access to credit for underserved sectors Objectives:


or groups, such as small and medium-sized 1) Encouraging small-scale industries to adopt modern
enterprises (SMEs), startups, or economically and environmentally friendly technologies to
disadvantaged individuals. enhance productivity and competitiveness.
2) Promoting financial inclusion by encouraging 2) Supporting the modernization and expansion of
lending to segments of the population that may existing SSI units to meet the evolving market
have limited access to traditional financial demands and regulatory requirements.
services.
Eligibility Criteria:
Eligibility Criteria:
Small scale industrial units, as defined by the
Typically, borrowers must fall within the designated Government of India, are eligible to apply for the
target group, such as SMEs, startups, or specific subsidy under this scheme.2. Units seeking subsidy
industries identified as priorities for economic must be engaged in manufacturing activities and have a
development. valid registration with the appropriate government
authorities.
• The Raw Materials Assistance Scheme (RMAS) • The Single Point Registration Scheme (SPRS)

Objectives: Launch Date- 1976

1) Facilitating access to raw materials for industries, Objectives:


particularly SMEs, to ensure uninterrupted 1) Streamlining the procurement process for
production processes government agencies, public sector undertakings
(PSUs), and large private sector enterprises by
2) Promoting the growth and competitiveness of
providing them with access to a centralized database
industries by reducing the cost burden associated of registered MSEs.
with raw material procurement.
2) Promoting the participation of MSEs in government
Eligibility Criteria procurement contracts and supply chain activities by
Industries eligible for assistance under the RMAS eliminating the need for multiple registrations with
typically include manufacturing units, processing units, different entities.
and other industrial enterprises engaged in value-added Eligibility Criteria:
production activities. 1. Micro and small enterprises, as defined by the
government, are eligible to apply for registration under
the SPRS.
2. The enterprise must be engaged in manufacturing or
service activities, and its investment in plant and
machinery or equipment must fall within the prescribed
limits set by the government.
• Bank credit facilitation
Objectives:
1. Enhancing access to credit: One of the primary objectives is to improve access to
financing for individuals, businesses, or sectors that may face challenges in
obtaining credit through traditional channels.
2. Promoting economic growth: By facilitating access to credit, these schemes aim to
stimulate economic activity, support entrepreneurship, and encourage investment
in productive ventures.
Eligibility Criteria
1. Eligibility criteria for bank credit facilitation schemes vary depending on the target
beneficiaries and the specific objectives of the scheme.2. Individuals, businesses, or
sectors seeking financing must typically meet certain criteria related to
creditworthiness, such as a good credit history, adequate cash flow, collateral, or a
viable business plan.
THANK YOU

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