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IIE's commitment to Micro Small and Medium Size Entrepreneurs. IIE Complete analogy with its establishment, objectives, functions, programs or services
CONTENT
- ORGANIZATIONAL STRUCTURE
- OBJECTIVES
- FUNCTIONS OF IIE
- PROGRAMS OR SERVICES PROVIDED
- CONSULTANCY
- SEMINARS AND WORKSHOP
- PROJECTS
- CONCLUSIONS
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| Indian Institute of Entrepreneurship,Complete Note on IIE with its objectives and Functions |
Explain in detail the ways through which the various institutions set up to provide financial assistance to an existing and new entrepreneur?
Answer: The Government of India is committed to aid and guide the aspiring entrepreneurs of India and has initiated many programs to benefit them. The Ministry of Industry (now called Ministry of Micro Small and Medium Enterprises) is specially responsible for this entrepreneurship genre. The government has tried to provide a roof to the existing and new entrepreneurs by setting up an institutional corridor to train them and assist them financially.
The government of India under the Ministry of MSME established the Indian Institute of Entrepreneurship (IIE) in 1993 which started functioning from April 1994 after it took over the North East Centre of NISIET (National Institute of Small Industries Extension Training), Hyderabad. Later in the year 2015, on 22nd May, IIE has been transferred to the Ministry of Skill Development and Entrepreneurship.
Training, Research, Consultancy, Seminars & Workshops and Consultancy led by IIE
Organizational STRUCTURE
The IIE is an autonomous organization that runs under the Ministry of Skill Development and Entrepreneurship presently. The IIE was registered under Societies Registration Act, 1860 and was founded in Guwahati by the former Ministry of Industry (now called Ministry of Micro Small and Medium Enterprises). The policy direction and guidance to the institute are provided by its board of Management whose chairman is the secretary to the Government of India, Ministry of MSME. The government Council of the institute is headed by the Chairman, NEC and the Executive Council is headed by the Secretary, Ministry of MSME, Government of India.
OBJECTIVES
The main objective is to undertake training, research, and consultancy activities in the field of small industry and entrepreneurship.1. To promote and develop entrepreneurship.
2. To coordinate and collaborate with other organizations in undertaking training, research, and other activities to increase the outreach of the institute.
3. To promote greater use of information technology in the activities or functions of the IIE.
4. To comply with statutory responsibilities.
FUNCTIONS OF IIE
Towards the attainment of its objectives, the IIE performs the following functions:-
1. To organize and conduct training for entrepreneurship development.
2. To identify, design, and conduct training programs for existing entrepreneurs.
3. To research generating knowledge to accelerate the process of entrepreneurship development.
4. To organize seminars, workshops, and conferences for providing a forum for interaction and exchange of views by various agencies and entrepreneurs.
5. To identify the training needs and offer a training program to the government as well as the Non-Government Organization engaged in promoting and supporting entrepreneurship.
Programs OR SERVICES PROVIDED
The IIE is guided by its set goals and is a promising institute to provide all possible help to the entrepreneurs. The organization provides its service through five sets of programs:-
i. Training
ii. Research
iii. Consultancy
iv. Seminars and Workshops
v. Projects
i.Training
The IIE provides training schemes under two broad categories namely Non-ATI(Administrative Training Institute) Scheme, and ATI Scheme (ESDP-European Security and Defence Policy). The training schemes are specially designed for new entrepreneurs as well as for the existing entrepreneurs. The schemes cover a wide range of packages for training and also ensures quality training.
Some of such training programs are enlisted below:-
Jewelry Designing and Making and Gems and Stone Processing
Entrepreneurship Development Program
REDP on mobile repairing
Incubation Training for ready-made Garments
Incubation Training on Handicrafts
EDP under PMEGP
Awareness technical Infusion program
Entrepreneurship AwarnessProgramme
Modern office management and Secretariat Practice(KCVT)
ii. Research
The Institute undertakes research and studies either on its own or on a sponsored basis and provides consultancy in the field of growth and development of micro, small and medium enterprises across North East India and beyond. The Institute also acts as a catalyst and a resource center for providing various inputs on policy formulation for promoting entrepreneurship and development of micro, small, medium enterprises to the Central and State governments. Another major focus area is the evaluation of various Central and State government organizations and schemes.
iii. Consultancy
The IIE provides following types of consultancy services:
Enterprise Planning
Enterprise Management
Enterprise Expansion, Diversification & Growth
Management Consultancy
Marketing Consultancy with specialization on export and border trade
Technology Sourcing
Technology Propagation
Project Reports
iv. Seminars and Workshops
IIE conducts seminars and workshops regularly to help out the entrepreneurs:-
For sharing experiences on the implementation of programs of self-employment and entrepreneurship.
On current topics such as WTO and its impact on the SME sector, promoting first generation entrepreneurs through PMEGP, promoting women entrepreneurship, etc.
On creating awareness about the prospects of developing entrepreneurship in a certain line of activity such as on Handmade Paper Industry, Food Processing Industry, etc.
Besides, the institute organization
Entrepreneurs Meet to understand and appreciate their problems in launching projects and managing them successfully.
Interactive Meet on Entrepreneurship Education to discuss the need and importance of entrepreneurship elements in an academic curriculum.
iv. Projects
The IIE has undertaken the following projects:-
India Infrastructure Finance Company Ltd. & National Scheduled Tribes Finance and Development Corporation IIFCL-NSTFDC
Centre for Sustainable Livelihood Promotion (CSLP)
Regional Resource Center (RRC) for Cluster Development
Science and Technology Entrepreneurship Development (STED)
Rural Industries Programme(RIP)
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THEORY OF COPRORATE GOVERNANCE
Conclusion
The IIE is a new backbone to the North-Eastern region which is an industrially backward region for ages. Now the government is resolute to transform this backward area into a newly developed region. The IIE is serving the young aspirants and also trying to train the existing entrepreneurs by injecting new business skills and zeal amongst them.
