START-UP - ACTION PLAN

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Dr. Rajendra Kumar, I.A.S.Principal Secretary/Industries Commissioner and

Director of Industries and CommerceMSME DEPARTMENT

Government of Tamil Nadu

AGENDA

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1. Overview of MSMEs in Tamil Nadu

2. Start-Up Action Plan

3. State Schemes Facilitating Start-Ups

•NEEDS

•UYEGP

MSMEs in Tamil Nadu

Tamil Nadu has 15.61 lakh registered MSMEs– Highest in India

Provides employment to about 99.78 lakh persons– Highest in India

Accounts for a total investment of Rs. 1,68,331 crore. MSMEs produce over 6000 varieties of products

including engineering products, electrical, electronicschemicals, plastics, steel, cement, paper, matches,textiles, hosiery, readymade garments and so on.

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Innovation and Entrepreneurship Development Programme

A Programme to encourage students to take up

Innovation

Entrepreneurship, especially Start-Ups

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EDII Strategy for 2017-18 to promote Start-Ups

Innovation and Entrepreneurship Development programme (IEDP)

- All colleges enrolled under the program

Tamil Nadu Student Innovator-2017 - A programme for IEDP Students

Tamil Nadu Grand Challenge –- Open to all

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MOUsTo implement EDII entered into MOU with

WF-National Entrepreneurship Network(NEN)

Forge Accelerator

Anna university and other Hubs

Villgro

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Start-Up Steps

College Entrepreneurship & Innovation Council

Intra College E&I Faculty Development Pogrammes

Entrepreneurship & Innovation Development Centre

(EDC/E-cell)

Active Student E&I Club

E&I Electives / MOOCs (NEN-EDI program)

Strong Industrial R&D program

Tech or Business Incubator

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HUB and SPOKES Model

Resourceful Universities/Colleges recognised as College Entrepreneurship & Innovation hub

Each College Hub supports around 25-30 colleges.

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Funding

Government of Tamil Nadu funds the capacity building programs and support a few critical activities in colleges:

Top Management Orientation Workshops

E&I-Cell Faculty Development Training –Induction

Annual Workshops for ED&IC Coordinators

Annual workshop for Student E-Club leaders

Regional Ideation contests

Design Thinking and Prototyping workshops

Regional Business Model &Business Plan preparation camps

Total funding for Start-up Action Plan : Rs. 70 Lakhs

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College Students-Strategy

EDII, NEN

9 Regional Hubs

325+ Spoke Colleges

135 E- cells & 15000 student E-cell

membersCentres of intense student activity,

programs, events, interactions, competitions, funding support etc

Launch & facilitate E- cells, Delivery of online courses as per curriculum,

Facilitating holding of events

Conduct courses for spoke college faculty, share best practices, support & expand

entrepreneurial activities, learning from each other, review spoke college performance.

Coordinate activities, put in systems for development of entrepreneurial activities at state

level provide technical support

• Students club

•Practice &

promote entrepreneurship in

campus

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E-Leaders training programme

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Faculty Development Programmes in Progress

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- A programme for IEDP Students

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Seminars Participated by over 2000 students

organised in 10 cities in Tamil Nadu

over 100 institutions took part

250 ideas from students registered

45 innovations emerged

Top 3 teams recommended for Fellowships

R-SAP 2017 - Highlights

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Industry Institute Collaboration

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Tamil Nadu Student Innovators-2017

Start-Up 101 Awareness Seminars - 3 completed

Base Camp for Faculty - to train & motivate them to facilitate their students to take up innovation and apply for SAP

Idea camps – for design thinking & prototyping

Hackathon, Pitching and Demo-day

Top 10-12 teams/to get Rs. 25,000/- cash award

Top 3 teams to get Forge Fellowship

Rest of the top teams to be linked with other TBIs for support & handholding

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Think Tanks ( to identify validated problem statements) on following themes

Agriculture

Manufacturing

Railways

Smart Cities

Social enterprises

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Tamil Nadu Grand Challenge Programme(Open to All)

Hackathon Startup Action –

Training/Handholding

Product – Prototyping

Commercial Launch

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Tamil Nadu Grand Challenge Programme (Contd..)

Programme for existing Start-Ups

EDII & CED Anna University to organise a PITCH programme for Start-ups with seed money support (upto Rs. 1 lakh) for TOP players

Seed money with mentoring support to start-ups- upto Rs. 3 lakhs

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Scheme: First generation educated youth will be givenentrepreneurship training, assisted to prepare their business plansand helped to tie up with financial institutions to set up units withproject cost upto Rs.100 lakh

Promoter’s Contribution : 10% for General Category and 5% forSpecial Category (SC/ST/BC/MBC/Minorities/Women/Ex-servicemen/DA/Transgender)

Margin Money assistance: 25% of the project cost and 3% interestsubvention will be given as subsidy

Annual Target: 1,000 entrepreneursAchievement : Rs.220.80 Crore have been disbursed as subsidy

to 2,231 beneficiaries during the period2012-13 to 2016-17. 2

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New Entreprenuer-cum-Enterprises Development Scheme (NEEDS)

Scheme: To mitigate unemployment and uplift the educated unemployedyouth particularly from economically weaker section by providingsubsidy linked financial assistance.

Financial Assistance: Upto Rs.10 Lakh for Manufacturing Sector,Rs.3 Lakh for Service Sector and Rs.1 Lakh forBusiness Sector provided through Banks.

Eligibility: Any individual, above 18 years of age, with minimumeducational qualification of pass in 8th Std with family income notexceeding Rs.1,50,000/- per annum are eligible for assistance.

Promoter’s Contribution: 10% for General Category and 5 % for SpecialCategory(SC/ST/BC/MBC/Minorities/Women/Ex-Servicemen/DA/ Transgender)

Subsidy : 25% of the Project cost.Annual Target : 5000 beneficiaries (Rs.25.00 Crore subsidy)Achievement : Rs.129.41 Crore have been disbursed to 28,875

beneficiaries during 2011-12 to 2016-17.

Unemployed Youth Employment Generation Programme (UYEGP)

Need of the hour

Funding for Start-Ups

Handholding /Mentoring

Start-up policy at college level for catching them young

Connecting them to the industry and the larger eco-system

More Incubators and Accelerators

“Ease of Doing Business” for Start-Ups

Exit Policy as the failure rate is around 90%

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Thank you

icdic@tn.gov.inrajendra.ias@gov.in