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Support For Entrepreneurial And Managerial Development Of SMEs Through Incubators – Scheme details

a) Objectives The Scheme provides early stage funding for nurturing innovative business ideas (new indigenious technology, processes, products, procedure etc.) which could be commercialized in a year. The main objective is to promote development of knowledge-based innovative ventures and to improve the competitiveness and survival instincts of the Micro, Small …

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Who can be benefit from startup india?

Are you a Startup? Up to 5 years from its date of incorporation / registration Incorporated as either a Private Limited Company or a Registered Partnership Firm or a Limited Liability Partnership Turnover for any fiscal year has not exceeded INR 25 crore Entity should not have been formed by …

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Business Ideas – Car Wash

Consumers are increasingly turning to professional car washing, with those who wash their cars at home declining significantly over the last 10 years. Demographic and societal trends support a continuation, and likely an acceleration, in the use of professional car washing. Processes of car wash- Process of car wash involves …

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Step-by Step approach to start an MSME

Step-by Step approach to start an MSME Identifying the opportunity It all begins with an Idea The overriding reason for anyone to think of establishing a MSME unit can be summarised in one word – opportunity. An opportunity to provide a product or service, which can generate sufficient surplus. This …

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MOS for MSME Giriraj Singh inaugurates first training program under SFURTI at Sindhudurg Maharashtra

MSME Mos Shri Giriraj Singh inaugurate first training program under SFURTI at Sindhudurg Maharashtra. What is Bamboo Craft? Handicrafts commonly refer to handmade crafts or artisanry. Generally, skilled people create different types of items with paper, wood, clay, shells, stones, metals etc. And as the name refers, handicrafts items are …

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Difference between LLP (Limited Liability Partnership), Company and Partnership Firm

Category Partnership Company LLP Prevailing Law Partnership is prevailed by ‘The Indian Partnership Act, 1932’ and various Rules made there under Companies are prevailed by ‘Companies Act, 1956’ Limited Liability Partnership are prevailed by ‘The Limited Liability Partnership Act, 2008’ and various Rules made there under Registration Registration is optional …

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Prime Minister Employment Generation Programme (PMEGP) – Know Scheme details

The scheme is implemented by Khadi and Village Industries Commission (KVIC), as the nodal agency at the national level. At the state level, the scheme is implemented through State KVIC Directorates, State Khadi and Village Industries Boards (KVIBs) and District Industries Centres (DICs) and banks. The subsidy under the scheme …

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Lean Manufacturing Competitiveness Scheme (LMCS) for Micro Small and Medium Enterprises(MSMEs)

The core idea of lean manufacturing is actually quite simple…relentlessly work on eliminating waste from the manufacturing process. So what is waste? Waste is defined as any activity that does not add value from the customer’s perspective. According to research conducted by the Lean Enterprise Research Centre (LERC), fully 60% …

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How to start a Coir Industry- a Step-by Step approach.

1. Identifying the opportunity The overriding reason for anyone to think of establishing a Coir unit can be summarised in one word – opportunity. An opportunity to provide a product or service, which can generate sufficient surplus. This is all the more true if one is a believer in the …

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YEIDA to soon establish a skill development center

A skill development institute to train the rural youth of the region to make them employable in industries will take shape in the Yamuna Expressway Industrial Development Authority(YEIDA) area. Arunvir Singh, Chief Executive Officer (CEO), YEIDA on Tuesday said that the Authority has proposed the project in the 100-day plan …

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