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 Business Development Sevices |
MSME Show Case |
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| About the Project: |
| APITCO Limited has been selected by SIDBI for implementation of BDS component of the project in Rourkela Engineering cluster to design & implement strategies to: - |
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Foster ‘BDS market development’ |
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Strengthen the access of MSMEs to BDS |
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Help make BDS providers in the clusters self- sustainable |
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Develop the select clusters as ‘Role models‘with a strong demonstration effect. |
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With intent to facilitate increased flow of credit to MSMEs and support other developmental initiatives, SIDBI is implementing a multi-agency / multi-activity flagship Project on Financing and Development of Small and Medium Enterprises in India. The World Bank, Department for International Development (DFID), UK, KfW and GTZ, Germany are the major international partners in the Project
The project aims to i) create an enabling framework for financing of MSMEs by banks; ii) helping banks for better access to long term finance for lending to MSME sector ; iii) mitigating banks risks related to SME lending and reducing transaction costs ; and iv) strengthening MSMEs access to market oriented BDS so that MSMEs improve their profitability and competitiveness. Besides the impact of other support systems and policy initiatives evidences and experiences suggest that a well developed market for BDS can stimulate growth of MSMEs, increase its outreach and ensure sustainability. In context of promotion of market oriented BDS, SIDBI has identified 20-25 clusters in the country and Rourkela Engineering cluster is one such selected cluster,
The total project period of 32 months is divided in to four phases which are : |
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| Pre Implementation Phase |
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Establishment of Project Office with necessary infrastructure |
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Preparation of Diagnostic Survey Report |
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Preparation of Action Plan |
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MOUs with Network Partners |
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| Implementation Phase |
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Implementation of the activities as per the action plan |
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| Sustainability Phase |
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Assuring sustainability of interventions |
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Setting of International Best Practices |
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| Exit Phase |
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Formation and strengthening of Governance mechanisms for sustainability of interventions |
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Project Impact Assessment & Preparation of End of Project Report (EOR) |
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| As a the part of the Pre Implementation Phase the Core Team of the engineering cluster of Rourkela with the support of HO team, has completed the Diagnostic Survey and prepared the Diagnostic Survey Report as per the specifications given by the SIDBI and M&E Agency |
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