THE NATIONAL INSTITUTE FOR ENTREPRENEURSHIP AND SMALL BUSINESS DEVELOPMENT (NIESBUD)
NIESBUD is an apex body for co-ordinating and overseeing the activities of various institutions and agencies engaged in entrepreneurship development particularly in the area of small-scale industry.
The main objectives of the institute are:
- To accelerate the process of entrepreneurship development throughout the country and among all segments of the society.
- To help institutions/agencies in carrying out activities relating to entrepreneurship development.
- To evolve standardised process of selection, training support and sustenance to potential entrepreneurs enabling them to set up and run their enterprises successfully.
- To provide information support to trainers, promoters and entrepreneurs by organising documentation and research work relevant to entrepreneurship development
- To provide functional forums for integration and exchange of experiences helpful for policy formulation and modification at various levels.
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Functions
The main functions of the Institute are as follows:
(i)Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Evolving effective training, strategy and methodology.
(ii)Â Â Â Â Â Â Â Â Â Â Â Â Formulating scientific selection procedure)
(iii)Â Â Â Â Â Â Â Â Â Â Standardising model syllabus for training for various groups.
(iv)Â Â Â Â Â Â Â Â Â Â Developing training aids, manuals and other tools.
(v)Â Â Â Â Â Â Â Â Â Â Â Â Supporting 9ther agencies engaged in entrepreneurship development.
(vi)Â Â Â Â Â Â Â Â Â Â Conducting such programmes for promoters, trainers and entrepreneurs which are commonly not undertaken by other agencies
(vii)Â Â Â Â Â Â Â Organising all those activities that help develop entrepreneurial culture in the country.
(viii)Â Â Â Â Â Publishing literature for furtherance of entrepreneurship and small business development.
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