Chapter 04:: Institutional Support

Entrepreneurship is a challenging endeavour. Starting an enterprise requires different resources and facilities. Finance is an important resource. Building infrastructure required for enterprise is the job of government. Government takes this job by establishing a set of specialised institutions to take care of the needs of entrepreneur. This is called institutional support.
Types of Institutional Support
Since India has a federal structure- both state and central governments have established institutions to support entrepreneurs

1. State Level Institutions

• State Directorate of Industries
• Small scale Industries development Corporation (SSIDC)
• District Industries Centre
• State Finance Corporation ( e.g. KSFC)
• Technical Consultancy Organization (TCO's) e.g. TECSOK
• State Industrial area development Board (SIADB) etc

2. Central Government Institutions

• Department of Small Scale Industries ( DSSI)
• Small Scale Industies Board (SSIB)
• Small Industries Development Organization (SIDO)
• National Small Industries Corporation (NSIC)
• Industrial credit and Investment Corporation of India ( ICICI)
• Industrial Finance Corporation of India (ICFI)