Profile of MSME Foundation, India

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.

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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

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Training and Institutional Capacity Building

Implementers

Trainers

Policy Makers

BMOs

Implementation and Coordination

Diagnose clusters

Programme Management Support

Implement cluster initiatives