SIDBI

An Overview

Small Industries Development Bank of India (SIDBI) set up on 2nd April 1990 under an Act of Indian Parliament, acts as the Principal Financial Institution for Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector as well as for co-ordination of functions of institutions engaged in similar activities.

The MSME sector, the focused business domain for SIDBI, has been an important pillar of the Indian Economy, contributing up to 33% in the country’s Gross Value Added (GVA) as per FY 2014-15, with 51 million enterprises providing employment to over 117 million Indians. Over the years, SIDBI has been working towards the sustainable development of MSME sector, pioneering efforts that have manifested in creation of economic wealth, its distribution for an egalitarian society while preserving the ecological wealth of the country. These include the innovative Credit Plus model, where credit is supplemented with advisory and mentoring facilities to MSMEs. Some of SIDBI’s other revolutionary initiatives include the MFI-led Microfinance movement in India that has nurtured and strengthened more than 100 MFIs and facilitated creation of SFBs, introducing a culture of energy efficient and sustainable finance for the MSME sector, introducing Venture Capital, Risk Capital, Reverse Factoring and other innovative facilities that have been later adopted by various public and private players in the country.


Today, through a motivated and focussed approach towards resolving both financial and non-financial hurdles of the rising number of MSMEs, SIDBI has undertaken a series of structural initiatives and strategic interventions that will help make the MSME sector a strong and vibrant sector.

IamSMEofIndia Posts

2 days ago

I am SME of India

In this land of billions of #opportunities, undying entrepreneurial spirit, risk taking abilities and the fastest growing world of #millennials, it’s all about the #MSMEs, #Selfemployment, #Entrepreneurs and #Startups today and shall be for a long long time.

Watch this Episode on SMEs in #BharatkiBaat by Vivek Agnihotri & Pallavi Joshi Agnihotri- full of positivity.

You just can’t miss it!

I remain and shall ever be, an incorrigible Optimist.

Proud to say IamSMEofIndia🇮🇳

m.youtube.com/watch?v=o5uncdLtxzU&feature=sharePallavi Joshi takes you all across India to bring positive baat of Bharat. Aapki baat. Hum sab ki baat. #BharatKiBaat In this episode, she takes you to handl...
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1 week ago

I am SME of India

Special Financial Incentive for Micro & Small Enterprises:
Eligible members will be entitled for reimbursement of costs on submission of documents after the completion of the event. The amount of reimbursement shall be subject to the approval, eligibility, terms & conditions.

For detailed Brochure/ Application Form,
SMS "ExpoRail - your email id" to 9711123111
or
Email to us at info@iamsmeofindia.com

To check your eligibility and to know about many more Financial Incentives & Savings that are available, just visit:

IamSMEofIndia Habitat Center
Sector 11, Mathura Road, Faridabad

Click here for guidance:
goo.gl/maps/9Hphy4vvQoD2

Proud to say IamSMEofIndia🇮🇳
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2 weeks ago

I am SME of India
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(A Not-for-Profit Institution to support Micro Small & Medium Enterprises)