Business

SIDBI’s launches portal for promoting youth entrepreneurship in India – Smallb.in

SIDBI has announced the launch of it’s new portal for promoting youth entrepreneurship in India. The portal can be accessed at SmallB.in and is an attempt by SIDBI to inspire all enterprising Indian individuals and tries to demystify and simplify the process of establishing a business in the country.

small b sidbi

SmallB.in has been started to create an awareness about the business opportunities that exist in India. It helps young entrepreneurs to understand how to go about identifying business opportunities. It stimulates generation of ideas and learnings from some of the most successful startups in the world.

In SmallB.in, the Policies and Regulations section provides details on various policy measures, Schemes and Incentives offered by Central and the State governments. Registration requirements of various statutory and non-statutory nature are detailed along with their application forms, wherever possible.

The Funding Section is intended to guide the user through the various sources of financing they can acquire. It will also help them to prepare for the key difficulties new entrepreneurs have to deal with. What are the Lending Criteria for Banks & how to approach a Bank for Funding – these are some of the key questions answered on the website.

4 Comments

4 Comments

  1. Dr.Mrs Sushma Joiya Pandit

    September 27, 2012 at 1:07 pm

    Small Industries Development Bank of India must establish its branches in all the District Industries Centers
    all over the country to eliminate the functioning of other commercial banks. Every General Manager of District Trade and Industry Center be made the Deputy Chairman of the loan disbursing committee under the chairmanship of District Collector. All the loans be disbursed from the office of GMDIC.
    Until and unless SIDBI has branches in all the Districts in the premises of DIC itself, the purpose of constituting the SIDBI will be treated as failed.
    No doubt Information technology is superimposing all the traditional procedures of functioning but the portal will not serve the purpose.
    Every DIC has a special manager Credits who should be made responsible to look aftrer the functioning of SIDBI branch in DIC .

  2. Sidharth Reddy

    October 10, 2012 at 9:18 pm

    I would like to know the procedure to how to approch to get a business loan from the SmallB.in

  3. K.dhanunjay

    October 17, 2012 at 10:17 am

    I want financial support to start business.pls tell how to get loan from bank

  4. Dr.Mrs Sushma Joiya Pandit

    November 7, 2012 at 10:42 am

    Any one who intends to start his or her own industrial unit can approach Integrated Congress of Women Entrepreneurs for getting FREE Guidance. Those willing to get subsidy only should not dream of starting an Industrial unit. Come forward lot of scope is available in entrepreneurship.
    Dr Mrs Sushma Joiya
    president.icwe@yahoo.com

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