Role of SISIs in establishing

ENTREPRENEURSHIP DEVELOPMENT FOR RURAL FAMILIES 4(1+3)
Lesson 5 : Process of Initiating an Enterprise

Role of SISIs in establishing

Role of SISIs (Small Industries Service Institutes) in establishing an enterprise.

SISIs have been set up by the government in state capitals and other big cities all over the country to render assistance in the following areas:

  1. Guidance in financial requirements: An SISI may guide in determining the capital requirements as well as selecting the sources of raising finance.

  2. Trade and market information: SISIs conduct market surveys and give advice regarding market conditions and demand for products to be sold.

  3. Project Reports: SISIs help in preparing project reports which are to be submitted to licensing authorities, banks and other financial institutions for loans and credit facilities.

  4. Training Programme: SISIs organize training programmes on establishment of an enterprise and running it. It also arranges trainings in various fields.

  5. Modernization: They also help existing units in the modernization of production techniques by giving advice regarding its possibilities and the steps to be taken.

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Last modified: Friday, 6 January 2012, 4:27 AM