MSME hosts 1200 innovative entrepreneurship clubs in India
Entrepreneur News
The Ministry of Micro, Small and Medium Enterprises (MSME) have extended its outreach to 5 selected Universities / colleges to run 1200 Entrepreneurship Clubs. This initiative will benefit students with creative innovations to convert their dreams into successful live enterprise. The package for the promotion of Micro and Small Enterprises, based on the Circular No.2(6)/2006-MSME Policy dated the 7th November,2006 in a five year plan structures 5277 clubs from all the four corners of the nation benefiting 2,63,850 members with an out lay of Rs. 12.50 Cr
Under the scheme, 5 selected universities, one each from Northern, Western, Eastern, Southern and North-East region, have to run entrepreneurship clubs to bring entrepreneurs, universities and MSME-Development Institutes (MSME-DI) together. The scheme has been devised to encourage entrepreneurs to run self-employment ventures.
The Clubs will be a forum for exchange of ideas on:
| 1. | New Technology. |
| 2. | Market Trend and Potential. |
| 3. | Training for Human Resources. |
| 4. | Initiative to new concepts etc. |
| 5. | Credit |
| 6. | Suggestions for Antidumping |
| 7. | “Watch” activities on items flowing in our country because of globalization. (This list is illustrative only), as per the MSME. |
These clubs will meet once a month and decide action to be taken for activities listed above. Any study needed for providing shift in policies by the Government in the state or center could also be taken up. Besides, participation of the members in the exhibitions in the country may also be funded by the Club.
The scheme will pep hard intervention in the form of technology and soft intervention like arranging workshops, seminars, guidelines to obtain ISO certification, ISI Marks, participation in Trade Fairs, implementation of Quality Management Tools. This is an initiative to churn out more entrepreneurs for the development of the nation’s economy. Way2World salutes this initiative and advises students of professional colleges to make maximum utilization of this novel initiative.
For Your Information: It is the firm belief of Way2World that every new idea when nourished in the right direction can be an opportunity to sow seeds for an Enterprise development, while building the Brand equity for proper penetration. All Innovators are creators and are sure to rise iconic, when they utilize their newfound innovations for better humanity.