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Small Industries Development Bank of India - Entrepreneurial Development Policies and Programmes Video Lecture | Entrepreneurship & Small Businesses - B Com

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FAQs on Small Industries Development Bank of India - Entrepreneurial Development Policies and Programmes Video Lecture - Entrepreneurship & Small Businesses - B Com

1. What are the entrepreneurial development policies of Small Industries Development Bank of India (SIDBI)?
Ans. Small Industries Development Bank of India (SIDBI) has various entrepreneurial development policies in place to support and promote entrepreneurship in the country. These policies include providing financial assistance, offering business development services, facilitating technology transfer, and promoting skill development among entrepreneurs.
2. What are the programmes offered by SIDBI for entrepreneurial development?
Ans. SIDBI offers several programmes to foster entrepreneurial development. These programmes include the Prime Minister's Employment Generation Programme (PMEGP), Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), and the SIDBI Make in India Soft Loan Fund for Micro, Small, and Medium Enterprises (SMILE) among others.
3. How does SIDBI provide financial assistance to entrepreneurs?
Ans. SIDBI provides financial assistance to entrepreneurs through various means. It offers term loans, working capital loans, equipment financing, venture capital, and equity support. SIDBI also facilitates access to credit through its tie-ups with banks and financial institutions.
4. What are the business development services offered by SIDBI?
Ans. SIDBI provides business development services to entrepreneurs to enhance their skills and capabilities. These services include capacity building programs, entrepreneurship development programs, mentoring and coaching support, market research, and technology adoption assistance.
5. How does SIDBI promote skill development among entrepreneurs?
Ans. SIDBI promotes skill development among entrepreneurs by supporting training and skill upgradation programs. It collaborates with various institutions and organizations to provide skill development initiatives, vocational training, and entrepreneurship education to aspiring entrepreneurs. These programs aim to equip entrepreneurs with the necessary skills and knowledge for successful business operations.
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