Profile of MSME Foundation, India

By : |November 5, 2012 0

BANGALORE,INDIA: The Foundation for MSME Clusters was conceptualized to contribute towards this process of cluster based development of MSMEs and thus enhance their competitiveness, generate sustainable employment and alleviate poverty. At the suggestion of the Ministry of Small Scale Industries, Government of India, the United Nations Industrial Development Organisation (UNIDO) conceptualized and initiated the process of creating the Foundation for MSME Clusters. Subsequently, the Foundation was legally constituted as a non-government, non-profit registered trust under the auspices of the Entrepreneurship Development Institute of India (EDI), Ahmedabad, in the year 2005.

The Foundation for MSME Clusters seeks to achieve the following objectives:

Cluster initiatives become inclusive.
Cutting edge methodologies, tools, information and resources with respect to a cluster development program are accessible.
Effective linkages emerge between clusters and important thematic institutions in the area of finance, infrastructure, environment, investment, RD, social responsibility and local governance.
Trained and competent professionals and institutions are available to facilitate cluster-based development.
Models of strong community based civil society organisations emerge to take up cluster based sustainable development initiatives.

Also read: How to start an SME without money?

MSME foundation offers lots of services to support the MSMEs in India. Some of the major ones are:

Policy and Strategy

Policy & Research
Develop methodology and tools
Map clusters
Organise workshops and seminar
Design cluster based development initiatives
Incubate new models of development ventures
Monitor, Evaluate and Impact Assessment

Also read: Cyber criminals now targeting SMEs: Survey

Training and Institutional Capacity Building

Policy Makers

Implementation and Coordination

Diagnose clusters
Programme Management Support
Implement cluster initiatives

No Comments so fars

Jump into a conversation

No Comments Yet!

You can be the one to start a conversation.