24 Apr 2024|Gwalior | Amity University Madhya Pradesh
Workshop on the Central/ MP State Government Financial Schemes for the Startups Funding
Amity Business School organized a student driven workshop aimed to foster entrepreneurship, and awareness among participants. This event provided a platform for MBA students to showcase their knowledge on various governmental schemes, to identify Business market opportunities, developing strategic plans, and incorporating novel concepts to address contemporary challenges.
Objectives of the activity:
1. The primary objective of the presentation is to create awareness related to various schemes among Business Management students and provide them an activity-based learning.
2. To highlight how the central /state government supports the entrepreneurs by providing different types of financial support.
3. To educate the students about the innovative aspects of the business plan, inspiring them to think creatively and entrepreneurially.
4. To utilize the presentation as a networking opportunity to connect with budding entrepreneurs among themselves or who may be interested in supporting or contributing to the business venture.
5. Encourage and promote the entrepreneurial spirit among students by showcasing real-world examples of innovative business ideas and plans.
FACULTY PARTICIPANTS –
1. Prof. (Dr) Deepika Singh Tomar, Amity Business School, AUMP.
PRESENTERS –
1st Presentation
START- UP INDIA
Startup India is a flagship initiative of the Government of India, aimed at promoting entrepreneurship and fostering a conducive ecosystem for startups. It provides various benefits such as tax exemptions, funding support, and easier compliance requirements to encourage the growth of startups in India. The group also demonstrated the procedure of application for the scheme.
Presented by: Aditi Jha, Ravina Kalra, Shubhi Sengar, and Brijmohan Sharma
2nd Presentation
DAIRY INFRASTRUCTURE DEVELOPMENT FUND
The DIDF scheme aims to modernize and enhance the infrastructure of the dairy sector in India. It provides financial assistance for the establishment of dairy processing and manufacturing units, as well as for the procurement of modern equipment and machinery, ultimately boosting milk processing and production capacity. The group also demonstrated the schemes and procedure of application for the scheme through web portal.
Presented by: Umesh, Pradum, Akash, and Mansi Tripathi
3rd Presentation
MUDRA YOJNA
Mudra Yojna, also known as the Pradhan Mantri Mudra Yojana (PMMY), aims to provide financial support to micro-enterprises and small businesses. Under this scheme, loans up to Rs. 10 lakh are offered through various financial institutions to facilitate the growth and expansion of small businesses.
Presented by: Monu Sharma, Ayush Chaudhary, and Purvi Gupta
4th Presentation
ASPIRE SCHEME
ASPIRE (A Scheme for Promotion of Innovation, Rural Industry, and Entrepreneurship) aims to promote entrepreneurship and innovation in rural areas. It provides financial assistance, skill development, and infrastructure support to micro-enterprises and startups in rural areas, thereby promoting employment generation and economic development.
Presented by: Priya Bhagwani, Hanshika Singh, and Shri Priya
5th Presentation
PRIME MINSTER EMPLOYMENT GENERATE PROGRAMME PMEGP SCHEME
It is a credit-linked subsidy scheme aimed at generating employment opportunities in rural and urban areas of India. It provides financial assistance for setting up new micro-enterprises and small businesses, with a focus on traditional and non-farm sectors.
Presented by: Krishna Goyal and Raj Panday
6th Presentation
STAND UP INDIA SCHEME
Stand Up India aims to promote entrepreneurship among women, Scheduled Castes (SCs), and Scheduled Tribes (STs) by providing loans for setting up greenfield enterprises. The scheme offers financial assistance, handholding support, and entrepreneurial training to empower marginalized sections of society.
Presented by: Ananyaa Gupta, Jyoti Kumari, and Bhumika Chauhan
7th Presentation
PMEGP SCHEME
PMEGP, an extension of the Khadi and Village Industries Commission (KVIC), aims to generate employment opportunities in rural and urban areas through the establishment of micro-enterprises. It provides financial assistance for setting up new projects or expanding existing ones in the khadi, village industries, and traditional artisan sectors.
Presented by: Pratiksha Bhadoriya and Nidhi Jha
OUTCOMES –
The Presentation on various central/ MP state governmental financial schemes yielded several positive outcomes: -
1. Participants gained practical insights into the various schemes of government for the startups funding with an objective to develop more entrepreneurs by offering them support.
2. The activity inspired participants to pursue innovative ventures, contributing to the creation of a vibrant entrepreneurial ecosystem within the academic community.
3. It encouraged business students to contribute to the development of entrepreneurial infrastructure of the country.