Developing Micro,
Small and Medium Enterprises based on local skills/resources has now been rightly
recognized as a means of promoting economic growth and a very effective tool
for providing productive employment in any country
ICECD promotes and supports MSMEs (Micro, Small and Medium Enterprises) development for economic empowerment of people through:
Enterprise
creation, promotion and management (formal and informal sectors) programmes
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Employment
and income generation initiatives |
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Investment
development and capital formation in urban/rural areas |
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Micro credit
support and linkages to financial institutions |
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Local economic
profiling : assistance to enable communities to identify local needs and
opportunities that become the basis for future economic development strategies |
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Technology
transfer and technical skill upgradation |
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Corporate
involvement programmes |
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Entrepreneurship
Development and education |
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Training (entrepreneurship
and employment creation) |
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Mobilization
of women entrepreneurs through international technology trade fares |
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Marketing
exhibitions and linkage building |
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Performance
improvement for small business |
| IMPACT | |
| Reach Out | 71,00,000 |
| Success rate of ICECD trained MSMEs | 75% |
| MSMEs that grow and expand | 89.2% |
| Range of Investments | US $ 500 to US $ 5,00,000 |
| Enterprise Coverage | Volt meters,
Ammeters Plastics,Packaging, Garments, Hosiery, Staple Pins, Computers,
U-Foam, Rubber |
Economic development through Poverty Alleviation
Millions of poor
in rural areas have neither access nor opportunities to break free from the
shackles of poverty. ICECD offers them such opportunity by sensitizing, motivating
and developing them to become economically independent. This has broken the
myth that poor/illiterate cannot become successful entrepreneurs.
ICECD
helps eradicate poverty in through :
| Income generation and entrepreneurship development programmes | |
| Job creation/skill training and upgradation | |
| Viable technology identification and linkages | |
| Rural economic renewal strategies | |
| Vocational training | |
| Access to credit-micro credit programmes | |
| Savings and credit groups management and capacity building | |
| Consultations for linkages and networking |
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In
last two decades, ICECD has reached out to more than 10,000 deprived tribal
and rural population and has led them to viable and sustainable micro enterprises
with appropriate linkages to market, credit and technology under its poverty
alleviation initiative. These interventions have resulted in better health,
education and self-reliance for them. |
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Women
feel that they get better respect in the family now. Decision-making has
become consolidated and they have a clear vision, with better social awareness. |
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With
economic empowerment as an entry point, poor have gained confidence and
capabilities to make their own decisions not only at enterprise level but
also in the households.
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IMPACT
REACHOUT TO >10,000 DEPRIVED RURAL/TRIBAL POPULATION