NIESBUD conducted a 3-day Capacity Building Programme to boost existing enterprises

The National Institute for Entrepreneurship and Small Business Development (NIESBUD) conducted a three-day Capacity Building Programme for Existing Enterprises to Scale up Business Activities from September 27th to 30th, 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 included 12 sessions on different topics including Micro Lab, Characteristics of an Entrepreneur, Entrepreneurial Motivation–Self Analysis, Creativity, Psycho-Social behaviour analysis for confidence building; Understanding Risk Taking and Goal Setting Behaviour for Enterprise Development, Types of Enterprises, Entrepreneurship Support Ecosystem, Procedures and Formalities of Bank Finance; Preparation of Business Plan Regulatory Compliances for Small Businesses, Entrepreneurial Taxation (GST), Online process of GST Registration, FSSAI Registration Process, and GEM Registration Process.

NIESBUD is offering mentoring and handholding services to candidates who have completed capacity-building programs for two years to enhance their business activities. 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.”

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