Situated on the banks of the river Yamuna, the National Capital of Delhi is the largest commercial center in the Northern India, influencing both the economy and the culture of the region. Its industrial region characterized by robust concrete buildings and big plot sizes, comprising mainly of textile manufacturing units, electrical machinery manufacturing units and units that offer repair services.
Rajiv Gandhi Swavalaman Rozgar Yojna: Financial Assistance up to Rs. 2.00 lakhs is provided to individual entrepreneurs, artisans and trained professionals under Secondary, Tertiary and Services Sectors. The loan carried interest @ 9.5 per annum through the Delhi Khadi and Village Industries Board
Pradhan Mantri Rozgar Yojna: (PMRY) for providing self-employment to educated unemployed youth of economically weaker sections has been in operation since October 2, 1993. The scheme aims at assisting the eligible youth in setting up self-employment ventures in industry service & business sectors. The scheme intends to cover urban and rural area.
Women Entrepreneurs Cell: To encourage entrepreneurship among women, the Industries Department of Govt. of Delhi has set up a special Women Entrepreneurs Cell.
Udyog Sadan: The Department of Industries has a plan scheme to construct a composite office building named “Udyog Sadan” for providing requisite assistance to the entrepreneurs.
Scheme on Trade Related Entrepreneurship Assistance and Development (TREAD) for Women: The scheme envisaged economic empowerment of such women through trade related training, information and counseling extension activities related to trades, products, services etc. The Scheme provided for Market Development, financial loans through NGO’s who were also provided grant for capacity building. This assistance was to be provided for self-employment ventures by women for pursuing any kind of non-farm activity.
Scheme for Financing of Land & Building under Relocation: Delhi Financial Corporation introduced this Scheme for providing financial assistance to the entrepreneurs for financing the Cost of land and construction of factory building on land allotted by DSIIDC under relocation Scheme of the Govt of NCT Delhi.
Equipment Finance Scheme: To assist the existing SSI and service sector units for acquisition of machinery/equipment, both indigenous and imported. This would facilitate modernization / technology upgradation, expansion and diversification and quality Improvements or providing other facilities to an existing unit which is in operation for a period of at least 3 years and should have earned profits during 2 proceeding years.
The IIT-Delhi entrepreneurship cell runs multiple small programs that are more informative in nature.
Jindal Global Business School- Centre of Entrepreneurship: The Center for Entrepreneurship (CoE) facilitates entrepreneurial culture by creating and nurturing of the entrepreneurial mindset among the students of O.P. Jindal Global University.
EMPI’s centre for Global Business Entrepreneurship & Research (Delhi)– Specialization in Global Business & Entrepreneurship.
Infinity Business School (NCR)– specialization in Entrepreneurship
International College of Fashion (Delhi)– M.B.A in Entrepreneurship (Fashion)
Faculty of Management Studies – University of Delhi
The National Institute for Entrepreneurship and Small Business Development– The major activities of the institute consist of Training of Trainers (ToT), Management Development Programmes (MDP), Entrepreneurship- cum-Skill Development Programmes (ESDP) and Entrepreneurship Development Programmes (EDP) etc.
National Small Industries Corporation: Entrepreneurship Orientation Programme– This program makes participants familiar about role and importance of MSMEs in Indian Economy, process of setting up of Enterprise, preparing Project Reports, Identifying marketing possibilities as well as with the issues regarding various statutory requirements such as Income Tax, VAT etc.
In Summary – Delhi and Entrepreneurship:
With its uniquely cosmopolitan culture, Delhi has an unusual mix of Indians from all parts of the country, expats and travellers throughout the year. They provide an interesting consumer base to aspiring entrepreneurs who are interested in fueling the entrepreneurial culture of the region, with the support of the variety of Government aid that Delhi witnesses.
To know more about how Delhi is building a vibrant entrepreneurship ecosystem, click here.
Data Sources for Delhi:
Note: Policy details provided here are for the purpose of information only. Please verify the latest information from the relevant Government or MSME website of the state. Other data and information is curated from various websites and public documents. In case you have any corrections, additions, or suggestions, please share the same with us, and we’ll be happy to incorporate them here.