With aim to create, foster, and promote the spirit of entrepreneurship amongst India’s youth, the National Institute for Entrepreneurship and Small Business Development (NIESBUD) conducted a three-day Capacity Building Programme for Existing Enterprises for Scaling up Business Activities between 27th to 30th September 2023. The programme was supported by the Skill Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) Programme, working under the aegis of the Ministry of Skill Development and Entrepreneurship (MSDE).
The three-day programme covered 12 sessions on various topics, including micro labs, entrepreneurial characteristics, motivation-self analysis, creativity, risk-taking, goal setting, types of enterprises, entrepreneurship support ecosystem, bank finance procedures, business plan preparation, regulatory compliances, GST, GST registration, FSSAI, and GEM registration processes.
NIESBUD also offers mentoring and handholding services to candidates who complete capacity-building programs for two years, aiming to help them scale up their business activities. Lauding the initiative, Shri Atul Kumar Tiwari, Secretary, Ministry of Skill Development & Entrepreneurship, said, “These capacity-building initiatives are the cornerstone of economic empowerment, providing individuals with the tools they need to succeed in an ever-evolving business world, ultimately strengthening our nation’s entrepreneurial spirit and economic resilience.”
