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National Institute For Entrepreneurship And Small Business Development (NIESBUD) | Entrepreneurship & Small Businesses - B Com PDF Download

National Institute For Entrepreneurship And Small Business Development (NIESBUD)

It is an apex body established in 1983 by the ministry of Industries, Government of India, for coordinating, training and overseeing the activities of various institutions/agencies engaged in entrepreneurship development, particularly in the area of small industry and small business. The Institute which is registered as a society under Government of India Societies Act started functioning from 6th July, 1983.The policy, direction and guidance to the institute is provided by its governing council whose chairman is the minister of SSI. It has an executive committee.

Objectives of  NIESBUD

The objectives of the institute include the following:

  • To evolve standardized materials and processes for selection, training, support and sustenance of entrepreneurs, potential and existing.

  • To share internationally, its experience and expertise in entrepreneurship development.

  • To train the trainers, promoters and consultants in various areas of entrepreneurship development.

  • To provide national/international forums for the interaction and exchange of experiences helpful for policy formulation and modification at various levels.

  • To provide vital information and support to trainers, promoters and entrepreneurs by organizing research and documentation relevant to entrepreneurship development.

Functions of  NIESBUD

(a) Evolving effective training strategies and methodology.
(b) Standardizing model syllabi for training various target groups.
(c) Formulating scientific selection procedures.
(d) Developing training aids, manuals and tools.
(e) Facilitating and supporting central/state/other agencies in organizing entrepreneurship development programmes.
(f) Conducting training programmes for promoters, trainers and entrepreneurs.

The document National Institute For Entrepreneurship And Small Business Development (NIESBUD) | Entrepreneurship & Small Businesses - B Com is a part of the B Com Course Entrepreneurship & Small Businesses.
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FAQs on National Institute For Entrepreneurship And Small Business Development (NIESBUD) - Entrepreneurship & Small Businesses - B Com

1. What is the National Institute for Entrepreneurship and Small Business Development (NIESBUD)?
Ans. The National Institute for Entrepreneurship and Small Business Development (NIESBUD) is an autonomous institution under the Ministry of Skill Development and Entrepreneurship, Government of India. It aims to promote entrepreneurship and small business development through various training programs, research, and consultancy services.
2. What courses are offered by NIESBUD for B.Com students?
Ans. NIESBUD offers various courses for B.Com students, including Entrepreneurship Development Program (EDP), Business Skills Development Program (BSDP), Marketing Management Program (MMP), Financial Management Program (FMP), and E-commerce Management Program (EMP). These courses provide essential skills and knowledge required for starting and managing successful businesses.
3. How can B.Com students benefit from NIESBUD courses?
Ans. B.Com students can benefit from NIESBUD courses as they provide practical knowledge, skills, and tools required for entrepreneurship and small business development. These courses help students understand various aspects of business management, marketing, finance, and e-commerce, enabling them to start their own ventures or contribute effectively to existing businesses.
4. Are NIESBUD courses recognized by the government?
Ans. Yes, NIESBUD courses are recognized by the government of India. The institute is an autonomous body under the Ministry of Skill Development and Entrepreneurship, and its courses are designed to meet the industry standards and requirements. Completing these courses can enhance the employability and entrepreneurial skills of B.Com students.
5. How can B.Com students enroll in NIESBUD courses?
Ans. B.Com students can enroll in NIESBUD courses by visiting the official website of NIESBUD and checking the available courses. They can then apply online or offline, depending on the specific course requirements. The application process usually involves submitting necessary documents, paying the course fee, and attending an interview or selection process if required.
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