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Gettting better at your enterprise?

18-Feb-2022 14:10:00
Business Development Services

Starting a business is a complex adventure. 


Studies have shown that women are more likely to be solo entrepreneurs. Identify the area of your interest and if it is something you are wanting to work for and enjoy the process at the same time. 


Business never requires a business mind but a mind which is ready to face the consequences of having a business and grow parallel like the journey goes, you must be aware that entrepreneurs are risk-takers, well true. 


1) Researching and developing skills.


Youtube can be your best mentor, but it all depends on you. How in-depth you can find the right knowledgeable content for you


2. Finding resources


After attaining enough skills it's time to finally hunt for resources, this part depends on what category you are building, trying to find good resources can be one of the toughest things while forming a product. 


3. Product development and pricing


Product development is the complete process of delivering a new product or improving an existing one for customers. 


Some questions you may have often


Where to get information from?


Business information can seem very vague, it can be derived from surveys, data collection, articles, references, the internet, and more. Because of the vastness of the information, it can be altered as per what are you specifically wanting to find.


Some resources you might need as an entrepreneur.

Financial resources, funding  

Human resources, employees

Educational resources

Physical resources such as premises and types of equipment 

Emotional resources, support system



Link: https://mittikerang.org/

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Training Scheme

The objective of this scheme is to provide training to the target group to make them capable and self-dependant through appropriate technical training in the field of traditional and technical occupations and entrepreneurship, Financial assistance is provided in the form of grant through SCA/Institution. The trainee are encouraged to get wage employment and also can obtain loan under NBCFDC general loan schemes to start his/her business after successful completion of the training. + +Eligibility: +The applicant should belong to the Backward Classes as notified by Central Government/ State Government from time to time. The annual family income of the applicant should be less than Rs.1,03,000/- p.a. in urban areas and Rs.81,000/- p.a. in rural areas. + +Under this scheme the eligible youths of the target group are trained to meet the market demands of various industries/sectors and also for up-grading the skills of traditional Craftsman/Artisans, who have inherited the trade/occupations from the generations. NBCFDC has established training linkages with reputed training institutions in the country and arrange training in specialized trades for eligible candidates through these training institutions. +Expenditure borne by NBCFDC - 100% of the training cost +Duration - Upto Six months

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Integrated Processes Development Schemes (IPDS)

The primary objective of the IPDS is to facilitate the textile industry to become globally competitive using environmentally friendly processing standards and technology. The scheme would facilitate the textile units to meet the required environmental standards. The IPDS would create new processing parks as well as support the upgradation of existing processing clusters specifically in the area of water and waste water management as also to promote research and development for a cleaner technology in the processing sector. + +IPDS proposes to establish 4-6 Brown field and 3-5 Green field projects addressing the needs of the existing Textile/Clusters. Eligible projects under the scheme would cover the following: +Group A - Water treatment & effluent treatment plant and technology (including marine, Riverine and ZLD). +Group B – Common infrastructure such as captive power generation plants on technology preferably renewable/green technology, +Group C – Common facilities such as Testing Laboratories and R&D centres. + +The Special Purpose Vehicle shall fund the project through a mix of equity from members of industry, grant support from Ministry of Textile / State Government, and the loan from Banks and Financial Institutions. The Government of India support under the scheme by the way of grant would be limited to 50% of the project cost, with a ceiling of Rs.75 crores for projects with Zero Liquid Discharge Systems and Rs.10 crores for projects with conventional treatment systems. Support for marine discharge projects would be analysed on a case to case basis with a maximum ceiling of Rs.75 crores.

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Raw Material Supply Scheme (RMSS)

Raw Material Supply Scheme is being implemented throughout the country to make available all types of yarn to Handloom weavers. + +Under Raw Material Supply Scheme (RMSS), the freight is reimbursed and depot operating charge @2% (limited to Rs. 15,000/- per month) of the value of the yarn supplied is given to depot operating agencies. At present, 511 such yarn depots and 46 warehouses are functioning throughout the country. NHDC is also supplying quality dyes and chemicals to the handloom sector at competitive rates.

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