Creating Self Employment opportunities under PPP NSIC’s model of Incubation

1. Creating Self Employment opportunities under PPP NSIC’s model of Incubation A beginning… Presented by: Pralay Dey, General Manager NSIC, India

2. WHY INCUBATION • Enterprise building is one of the critical areas of development of any country. This not only builds economy of the country but also creates employment opportunities. • This can be achieved by way of providing handholding support to the first generation entrepreneurs by helping them to set up their own micro & small enterprises. • The Training cum Incubation aims to impart training in the manufacturing as well as services sectors for employability and entrepreneurial skill development.

3. WHY INCUBATION • Inadequately skilled labour force. • Most of the job seekers without any professional skills. • Creation of new small businesses for providing self-employment opportunities to alleviate poverty.

4. NSIC’s Model of Incubation

5. Innovative model of Incubation • Employment generation using flexible, cost effective and replicable model. • Optimal use of locally available resources. • Integrated support by way of providing hands-on training on working projects • To boost the development of small enterprises

6. Innovative model of Incubation • Practical on-the-job training on low cost machines & equipments which are:- • Easy to understand • Easy to operate • Easy to transfer • Easy to maintain

7. Activities Duration (week) 1 Counseling 1 2 EntrepreneurshipOrientation 2 3 Hands on Practical Training in Incubation Centres 4 4 Market survey 1 5 Project report preparation 1 6 Approval and Registration with DIC 1 7 Loan processing 1 8 Monitoring and Follow up 1 Total 12 Training Methodology

8. Percentage Distribution of Employed Persons by Category of Employment As per published report of Planning Commission, Govt. of India

9. Population, Labour Force, Employment Projections As per published report of Planning Commission, Govt. of India

10. NSIC’s Model of Incubation through Public-Private-Partnership

11. Public-Private-Partnership Training to be provided by private service providers under PPP mode. Demand driven training courses based on employable skills Flexible delivery mechanism (Full time/ part time/ weekends)

12. ROLE OF NSIC • Approval of layout plan of NSIC-TICs • Facilitation for availability of credit/finance for setting up TICs • Training of faculty for TICs • Training Modules & Contents provided by NSIC. • Publicity at National level • Arrangement for sponsorships for training programmes.

13. ROLE OF NSIC • Help in access to credit by way of Tie-up arrangements. • Help in sourcing of machinery & equipments • Monitoring operations of TICs • Issuance of completion certificates • Monitoring developments continuously

14. ROLE OF PRIVATE PARTNER • Arrangement of :- • Built-up Infrastructure for setting up TICs • Machinery & equipments. • Faculty. • Local publicity • Selection & Registration of trainees • Operation of the TIC as per guidelines approved by NSIC • Helping in preparation of project reports & loan proposals of trainees

15. Suggestive Projects for TICs Conventional Tradeslike, Plumbing, Electrician, Sheet metal works, Welding, Fitter, Machinist, Turner, Draftsman, Diesel mechanic, Tools & die maker, Motor vehicle Mechanic, Book binder, Carpenter, Candle making, Spray Painting etc.

16. Suggestive Projects for TICs • Electronics Courses like Mobile repairing, Radio and TV repair, Repairing of electrical gadgets, Repair of refrigerator & AC, Electrical appliances repairing etc. • Other Courses like Beauty parlour, Soft toys making, Fashion designing, Embroidery & needle work, Boutique, Health & fitness centre, Watch & clock mechanic, Cookery etc.

17. Target Group : Aspiring Entrepreneurs Unemployed youth Unskilled manpower Qualification : 10th standard(High School) Duration : 3 Months NSIC-TICs under PPP 17

18. Advertisement in print & electronic media General Enterprise Tendency (GET) test using psychometric tools Interview and selection. Identification of Candidates 18

19. Assistance in : Preparation of project reports Filing of Memorandum for start up enterprises for registration Obtaining approvals from Government authorities such as pollution etc. Credit facilitation through tie up with commercial banks Other Incubation Support Services 19

20. Assistance in: Procurement of Machinery & equipments for selected project Installation & Commissioning of Machinery & Equipment Sourcing of raw materials Marketing support through Government supply, participation in domestic as well as International Exhibitions. Other Incubation Support Services Contd… 20

21. Loans given to start-up enterprises are covered under the scheme of Credit Guarantee Fund Trust of Government of India upto INR 5 million (apprx. US$ 120,000) Collateral Free Credit 21

22. Nominal cost of training (non-residential) in Incubation is INR 5000 (approx. US$ 110 for a course of 3 months duration) Training Programme to be self-sustaining in future 15% of the total fee to be shared by NSIC and the balance 85% to be retained by the private partner. Wherever possible, training costs to be partly or fully subsidised for candidates from under-privileged sections of society or women candidates. Sharing Training Cost of Incubation 22

23. Other salient feaures of Projects selected for Incubators 23

24. Better employability & mobility Higher productivity, wages and less exploitation Identity, improved social status & pride Easier to get loans for self-employment from various Banks/Micro Finance Institutions Benefits of Technology Incubators A.Unemployed 24

25. Improved Quality & Productivity Less downtime Compliance with Quality Assurance systems like ISO Availability of skilled workforce helps in getting export orders Benefits of Technology Incubators Contd… B.Employers 25

26. Some examples of Projects Light Engineering Barbed Wire Machine Book Binding File Fasteners M.S. Wire Drawing Paper Pins/Gem clips/ Staple Pins manufacture Wood Screws & Rivets Wire Nails Welded Wire Mesh 26

27. Agro & Food Processing Biscuit Bakery Plant Corn Flakes Confectionery Food & vegetable dehydration Flour Mill Ginger Garlic Paste Making Ice Cream Cone Jam/Jelly Making Noodles 27

28. Oil Extraction Potato/Banana Wafers Pop Corn Making Rice Milling Soya Milk Spice Grinding Tomato Puree/Paste Agro & Food Processing 28

29. Pharmaceutical & Chemicals Pharmaceuticals Tablets Detergent Powder Wax Candle 29

30. Textiles and Garments Elastic Tape Socks Manufacturing Men Shirts Shirts & Trousers \ Men Trousers Track Suits Handkerchiefs & Under Garments Pillow Cover Cotton Bags Luggage Hand Bags 30

31. Leather & Footwear Products Ladies Purses Leather Hand Bags Leather Belts Gents Purses Ladies Sandals Shoe upper stitching Industrial Gloves Leather Garments Wrist Watch Straps 31

32. Plastic & Rubber Blow Molding Plastic Shopping Bags Thermoforming Paper & Paper Products Paper Napkin Paper Cups and Saucers Toilet Rolls 32

33. Services Mobile repairing Beauty parlour Soft toys making Fashion designing Embroidery Boutique Health & fitness centre 33

34. Incubating a Stronger, Wealthier and Inclusive India Thank you