National Institute of Entrepreneurship and Small Business Development (NIESBUD)

National Institute of Entrepreneurship and Small Business Development (NIESBUD), an autonomous organisation under the Ministry of Skill Development and Entrepreneurship (MSDE) was associated with the Ministry of Rural Development (MoRD) on 03 March 2022. 

• They provide support to develop a sustainable model for promoting entrepreneurship at the grass roots by initiating the Start-up Village Entrepreneurship Programme (SVEP).

They focus on promoting employment opportunities in rural India for self help groups members.

• Rural entrepreneurs are able to access banking systems for receiving financial support for starting their enterprises, including support from MUDRA bank.
• They offer several benefits to aspiring entrepreneurs, including training programs, capacity building, business planning, market research, financial management and marketing.