ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

A Guide on Starting MSME in India - Part IX

Updated on May 14, 2010

Institutional Assistance to MSMEs

There are various state and centre- level institutions to offer services and give advice to the prospective entrepreneurs on planning, evaluation and execution of projects. A list of such institutions is given below:


Ø      Small Industries Development Organisation (SIDO)

 It is an apex body at Central level for formulating policy for the development of Small Scale Industries in the country, under Ministry of Small Scale Industries Govt. of India.

The acitivites of the Institute include assistance provided to start new units as well as techno-managerial cum marketing assistance, common facilities and extension services, providing facilities for technology up-gradation, modernization quality improvement & infrastructure, human resources development through training and skill up-gradation, etc. to the existing units and prospective entrepreneurs. Training programmes on various aspects of marketing like Marketing Management, Export Marketing, Export Documentation, procedures and Export Packaging are also conducted from time to time.

There are technical officers of different disciplines like Mechanical, Metallurgical, Electrical, Electronics, Chemical, Glass & Ceramics, Leather & Foot wears, posted in the Institute, who give technical advice to entrepreneurs & existing industries to improve quality & productivity.

Ø      MSME-TestingCenter (MSME-TC) (Formerly Regional Testing Centers(RTCs))

Provide Testing facilities for quality upgradation, training/constancy in testing, quality control, quality management, process quality control systems, and product specific testing facilities are provided by MSME-Testing Stations (MSME-TSs)

Ø     Autonomous Bodies

Tool Rooms/Tool Design Institutes (TRs/TDI)

Assist MSMEs in technical up gradation, provide good quality tooling by designing and producing tools, moulds, jigs & fixtures, components, etc and provide Training and consultancy for tool and die markers.

MSME-TechnologyDevelopmentCenter(MSME-TDC) (Formerly Product-cum-Process Development Centers (PPDCs))

These are product specific Centers to look into their specific problems and render technical service, develop and upgrade technologies, manpower development and training

MSME-Technology Development Center-Footwear(MSME-TDC) (Formerly Central Footwear Training Institutes (CFTIs))

Develop footwear designing to promote exports, provides training for manpower in Footwear Industry.

Ø      Training Institutes

There are three National Level Training Institutes. These are National Institute of Micro, Small and Medium Industry Extension Training (NIMSMIET), Hyderabad; National Institute for Entrepreneurship and Small Business Development (NIESBUD), New Delhi, which conducts national and international level training programmes in different fields and disciplines; Indian Institue of Entrepreneuship (IIE), Guwahati. The main objective of the institute is to act as a catalyst for entrepreneurship development with its focus on the North East.

Ø      Other Associated Agencies

National Small Industries Corporation (NSIC) for technology and marketing support

Small Industries Development Bank of India (SIDBI) an apex bank set up to provide direct/indirect financial assistance under different schemes to meet credit needs of the small-scale sector and to coordinate the functions of other institutions in similar activities.

Khadi and Village Industries Commission (KVIC) assist the development and promotion and disbursal of rural and traditional industries in rural and town areas.

Ø      State Level Institutional Support

State Government executes different promotional and developmental projects/schemes and provides a number of supporting incentives for development and promotion of MSME sector in their respective States.

These are executed through State Directorate of Industries, who has District Industries Centers (DICs) under them to implement Central/State Level schemes.

The State Industrial Development & Financial Institutions and State Financial Corporations also look after the needs of the MSME sector.

Ø      The National Institute for Entrepreneurship and small Business Development (NIESBUD).


It is an apex body for coordinating and overseeing the activities of various institutions/ agencies engaged in Entrepreneurship Development Particularly in the area of small industry and small business.


The activities of the Institute include evolving effective training strategies and methodology, formulating scientific selection procedure, developing training aids, manuals and tools, facilitating and supporting Central / State/ Other agencies in organising entrepreneurship development    programmes, conducting training programmes for promoters, trainers and entrepreneurs and undertaking research and exchange experiences globally in development and growth of    entrepreneurship. The Institute is actively involved in creating a climate conducive to    emergence of entrepreneurship.



Ø      National Science & Technology Entrepreneurship Development Board (NSTEDB).

The National Science & Technology Entrepreneurship Development Board (NSTEDB), is an institution to help promote knowledge based and technology driven enterprises. Major Objectives of NSTEDB include promoting and developing high quality entrepreneurship amongst S&T manpower and to promote self-employment by utilising S&T infrastructure, facilitating and launching various promotional services relating to development of entrepreneurship, and to network agencies of the support system, academic institutions and Research & Development (R&D) organisations to foster entrepreneurship and self-employment using S&T with special focus on backward areas as well.



Other Resources for Small Business


Many excellent websites and organizations offer help to anyone starting a business. Finding the right advice, resources and entrepreneurial communities will be vital to the success of your small business startup.


If you can afford to hire employees or can bring in partners when you first start a business, do it. Studies show that well-staffed business startups have better survival rates than solo operations. If this won't work for you, at least seek out experienced mentors. If you can, attend seminars on how to start a small business or enroll in a college-based entrepreneurship program to learn the ropes.


The Microsoft Startup Center is a nicely organized list of key tasks you need to consider in starting a business, with help, resources and information on how Microsoft products and services can help starting small business. "The Rules" tab, for example, has advice on selecting a business structure, getting licenses, understanding tax responsibilities and buying a bar code. You can download a free business plan template and free small business accounting software.


Yahoo! Small Business


Connect to an online community of like-minded startup entrepreneurs. Nothing's a better motivator than involvement with a community of other entrepreneurs who are starting a small business and sharing the ideas and information they have learnt. Startup Nation is a reliable resource for starting small business. Startup Journal, The Wall Street Journal Center for Entrepreneurs, and E-venturing, have loads of helpful articles on starting and growing a business. OnStartups is a new community offering savvy ideas and advice specifically for software entrepreneurs.


If buying a franchise is what you have in mind, go straight to the franchising experts to start a business. The International Franchise Association,, and can help you find the right franchise opportunity. 


 To tap key services online for starting a small business, The Company Corporation can help. See LogoWorks for a business logo fast at a great price. Line up your small business startup financing options at Businessfinance. 


For the latest in technology for small business startup, sign up for the free Small Business Computing newsletter on the home page. Great coverage of News and Trends, Business Software, Hardware & Equipment, Online Marketing, Buyer's Guides and Small Business Essentials.


Business owners who complete education courses on how to start a small business have a greater chance of success. All Business Schools has an online directory of college business schools. You can search the site for those offering programs on entrepreneurship and starting small business. 


The most common reasons for failure within the first few years of starting small business include competition, mismanagement, high rent and insurance costs, high debt, inability to get financing, loss of clients and difficulty with collections. If you are ready to take the risk of the risk of starting your own business, carefully study how to start a business in your chosen market before taking the plunge. Even though business failure rates are not as high as once believed, aspiring entrepreneurs still need to do their homework.


    0 of 8192 characters used
    Post Comment

    • profile image

      Apparao Yerramsetty 

      7 years ago

      Really very much useful for business aspirants..


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)