Entrepreneurship is choice for……


Entrepreneurship is not the ideal choice for those who simply want to get by in life (survive); entrepreneurship is the ideal choice for those who want to live life according to their own terms and therefore will demand more from life in order to get what they really want (significance). Entrepreneurship is not for those who take what they are given in life and in self pity call it their fate, NO! Entrepreneurship is for those who take what they are given in life and rather than accept it as their fate, go all out using what they have been given to get what they really want. Entrepreneurship is about using your life to do what you really love and truly care about –passion. It’s not about submitting to the status quo (enjoying comfortability); it’s about challenging the status quo (creating change). A true entrepreneur at their very core is a renegade; someone who is bent on creating change even though it means going against the norm. Does this sound like you?

Survival (making a living) is not the goal of entrepreneurship but rather significance (making a difference)…..



3 Reasons – Why it’s perfect time to be an Entrepreneur


Never in our collective lifetimes has it been better to be a start up. Coming out of the economic disaster a few years ago, it became clear that recovery would be on the shoulders of small business. Entrepreneurs are truly the backbone of our economy, way of life and the American dream. We've got a perfect storm happening that is making the success of start ups much more tangible. Here are three reasons why it's the perfect time to be starting your own business:

1. Young and old -- everyone's on board. The generation gap is alive and well, and it's serving the entrepreneur. Baby boomers are recreating their careers hand-over-fist, while the far younger millennial are rejecting traditional career paths in pursuit of something more personal and meaningful. The result is a constant flow of fresh thinking, start up ideas, and talent to make them all happen.

2. You don't have to do it alone. While many say the internet has made location irrelevant, I'd disagree. Perhaps geographic location -- as in what city you live in -- is no longer relevant, when it comes to setting up shop, everyone still needs a place to work. That's why we are seeing really cool new office spaces for start ups pop up in major entrepreneurial cities. Places like Capital Factory in Austin or Alley NYC in New York offer entrepreneurs a place to hang their hat, connect with other small businesses and add some form of infrastructure to their company. These hot new places have become a way for start ups to share resources and ideas, hopefully propelling their businesses forward in a location that will help their success.


3. There's no end to marketing opportunities. Social media is a complex place for the entrepreneur, but if you make the effort to get you and your company name out there, you'll reap a wealth of benefits. For those start ups looking for help in managing and navigating the world of social media, companies like Rallyverse that has made it easy to create and post content on LinkedIn, for example, can help simplify the task.
For any query please visit the link given below
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How to raise Finance? Workshop on 27th & 28th Sep. 2013


                                                 

This workshop is designed for Entrepreneurs looking at understanding the process and raising capital, loans, PE etc. In this training Programme, training is provided to enter the business and learn about Raising Loans, making bankable Project Report, Raising Private Equity and Venture Capital. This Training is provided along with Excellent Networking Opportunities and meeting Senior Banking Personnel.



Agenda:

  • Understanding Finance
  • Making Bankable Project Report
  • Banking Finance Process
  • Understanding Venture Capital & Private
  • Equity, Angel Funding
  • Raising VC/ PE Finance
  • Open discussion with Senior Banking, VC & Professionals


Is it for you?

Yes! If you are an Entrepreneur, Consultant, Manager and in fact all the professional who are concerned with raising capital & meeting financial needs  also students who are in the process of standing their venture.


Special Attraction…


  • All the participants will be honored by NIESBUD accredited certificate on ‘How to Raise Finance’
  • Open discussion with Senior Bankers, VC & Professionals and
  • A dedicated session on new financial software


Fee Structure

  • Participation fee: Rs. 3,000/- Per Participant
  • For Early Birds Rs. 2500/- per participant (Till 20th Sept. 2013)
  • Special Discount for Students and NGOs - Rs. 2000/-

Offerings…

  • Programme fee includes training  kit,  snacks  and lunch
  • Discount is available for groups.

To Register/Inquire, contact

Ms. Sarita Chauhan,  +91 9999156113 (M), +91 120 4017036
Ms. Divya,  +91 9910012623 (M)
Mr. Mritunjay,  +91 7827150508 (M),  +91 120 4017030


Download file below for more information
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Entrepreneurship in Africa; Lack of capital & funds………….

This article is prepared after interacting various participants from West Africa & South Africa


As per the study by the International Finance Corporation which estimates up to 84% of Small and medium sized enterprises (SMEs) in Africa are either un-served or underserved representing a value gap in credit financing. There is no enough capital right, many of the new ventures are simply not able to get funds.  Financiers pointing out that there is a lack of good business plans, focusing to issues ranging from the quality and feasibility of the business ideas to the commitment of the entrepreneur and his or her team. The main sources of financing are personal and family loans (45%), private equity (19%), bank debt (18%), government funding (5%), venture capital (5%), angel seed (4%) and other (4%). “Other” funding sources include corporate funding, lease / receivables financing or stock options. Some entrepreneurs in South Africa claim that their businesses are funded using multiple credit cards because most banks are reluctant to provide a loan to businesses but are willing to increase limits on the entrepreneurs’ credit cards  expensive, but easy. The majority of respondents are in agreement that the cost of funding is too expensive. The report found that in some cases, banks require 150% of the borrowed amount in collateral. An alternative, government lending, could be more attractive was it not for bureaucracy and nepotism reported by some respondents.


Venture capital in Africa is still an emergent phenomenon and the majority of survey respondents (67%) agree. Entrepreneurs are forced to pursue bank loans which simply are not tailored for start-ups. Banks see start-up investments as high risk, low reward and like to quote statistics that show 9 out of ten start-ups fail within the first five years of operation. Entrepreneurs need to focus on being rigorous business planners and demonstrating their understanding of a particular sector to investors. Entrepreneurs must “know something about everything and everything about something” says the founder of First Rand Group in South Africa, Paul Harris. Finance is not the determining cause of a venture’s success or failure. “Rather, the entrepreneur’s ability to adapt to market changes and cope with uncertainty, as well as their level of tenacity, is greater determinants of a business’ success.” Entrepreneurs also forget about market access. Without multiple product channels, revenues and profits likely stall and this lack of growth makes funders reticent to invest.


Some of the following suggestions are given for enterprise financing in Africa:


Early-stage enterprise financing in Africa;

  • Reduce bureaucracy for early-stage companies to access government funding in order to provide ‘softer’ sources of financing for less-experienced entrepreneurs.
  • Expand or initiate local angel investing ecosystems to ensure the availability of the most appropriate type of funding for start-ups, especially for entrepreneurs who lack the network of friends and family that traditionally play this role.-
  • Provide tax and other incentives to formal, as well as informal (e.g., family and friends), angel investors to make it easier for people who have extra cash to invest in start-up businesses and reduce their risk.
  • Provide tax and other incentives for large clients of early-stage ventures to provide supplier credit to incentivise and reduce the risks suppliers take when providing generous payment terms and/or stock to new ventures.

Mid-sized enterprise financing in Africa;

  • Leverage indirect personal sources of funding, such as pension funds to fund SMEs, so that more resources are available to fund more-established enterprises where the risks are lower. 
  • Expand or initiate local venture capital investing ecosystems to ensure that the most appropriate source of funding is available for companies at the mid-level stage of development.
  • Use local banking systems to disburse donor or government lines of credit to SMEs to reduce prohibitive interest rates and collateral requirements.
  • Provide incentives and support to mid-sized SMEs to practise sound financial management and maintain adequate records, including audited statements.

Later-stage enterprise financing in Africa;

  • Create capital-raising engagement programmes with leaders of well-established private African enterprises to inform entrepreneurs about the benefits of private equity funding, as well as the benefits of listing at local stock exchanges.
  • Create continent-wide ‘regional champions’ programmes to facilitate access to capital (both debt and equity) for independently vetted pan-African companies that are expanding across the continent. 
  • Educate entrepreneurs about possible sources of funding outside banking systems.
  • Train and assist early-stage entrepreneurs in the intricacies of capital-raising.
  • Train the local financial community to evaluate investment opportunities on the basis of future prospects rather than historical cash flows.


By Sunil Taneja
Programme Officer


For any query please visit the link given below
http://niesbud.nic.in/contact.htm 

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MDP on Export – Import Procedures & Documentation- Sep 14 to Sep 29, 2013 - Weekend batch

Management Development Programme on Export – Import Procedures &Documentation- Sep 14 to Sep 29, 2013 - Weekend batch



NIESBUD is organising Two Management Development Programme on Export-Import Procedure & Documentation in the month of September 2013 at Noida Campus as per details given: 


Weekdays Batch: One week full day. ( Monday to Saturday ) Sept. 23 to Sept. 28, 2013.

Timing: 10.15 A.M. to 5.30 P.M. 4 Sessions of 90 minutes every day. Total Fee  Rs. 12,000 /-



Weekend Batch ( Three Sat + Three Sundays ) Sept. 14 to Sept. 29, 2013.
Timing : 10.15 A.M. to 5.30 P.M. 4 Sessions of 90 minutes  every day. Total Fee  Rs. 15,000 /-

Subsidies Fee for first ten seats :

Non- Residential Rs. 12,000/-, / Rs.15,000/-
(Fee includes study material, kit, Lunch, Tea & Coffee.
(Hostel Facility is available on payment of Rs. 1350 per day per participant which includes
Bed Tea, Breakfast, Dinner & a bed in A/C room.)

Total 15 seats per programme.  Admission on FCFS.


How to Apply:

Pl. complete the attached registration form & enclosed the D.D / Cheque/ Bank transfer (favour of Niesbud, Noida) of the prescribed fee & post to us. You may email your details to reserve your seat.

For further details you may contact:


1.   Ms. Neeta Tanwar – Programme Co-ordinator—09891 99 22 30/ 0120 401 7006

2.   Prof. H P Singh- Programme Director & Core Faculty – 09873 46 5520/ 09873 249 429

E-Mail: singh.niesbud@gmail.com

Website: www.niesbud.nic.in


Download Registration Form from here:

The growing complexities of international trade, globalization of the markets, internet and stiff competition require every entrepreneur   to have a thorough knowledge of the theory and practice of international trade. Keeping in view the major problems one faces either as a beginner  or as a trainer with respect to locating foreign market, product sourcing, pricing, payment , financing procedures and documentation, buyer search, export promotion etc. The programme explains all that you wanted to know about exports. In short, the course not only helps the beginner to enter exports but also impart in-depth knowledge to trainer to handle various aspect of export-import trade.

The programme combines theory with practice in simple way making the overall subject easy to understand. The course is specially designed for students, working executives, entrepreneurs and trainers.

Export trade is not difficult but complex. Chapter wise chapter study not only minimizes the complex nature of this trade but will also boost your confidence to enter in this trade.

The curriculum of the M D P on Export Procedure & Documentation is divided into six  inter related Module ( in addition to study visit, case study, project work & class room exercises  as follows :-


Module One


  • Overview of Foreign Trade Policy 2009-14
  • International Environment, WTO, ICC, ITC, EU, NAFTA, SAFTA, SARRC..
  • Govt. benefits to Exporter ( Duty Draw Back , Advance Licence )
  • Motivation to Export
  • Domestic V/s International Trade.
  • Formation of Export firm ( IEC )
  • Regn. With Sales Tax , Excise, & Service Tax
  • Membership of Export Promotion Council
  • Institutional support to Export
  • Selection of Product & Product Sourcing
  • Trading V/s Manufacturing.
  • Cross Country Culture
  • Exercise & Country Presentation

Module Two


  • Locating Foreign Markets.
  • Communication in Foreign Trade
  • Company Profile
  • Regulation to send Free Sample
  • Role of International Chamber of Commerce
  • Incoterms 2010 ( FOB, C&F, C I F,……DDP
  • Terms of Payments i- Part – 1  Advance Payment, D/A, D/P, Consignment basis

Module Three


  • Terms of Payments in Foreign Trade ( Contd )
  • Letter of Credit ( L/c ) Type of L/c.
  • Role of Website & Internet Marketing
  • E-Commerce

Module  Four


  • Export Finance, Pre & Post shipment loan & Documentation
  • FEMA ( Role of R B I ) & role of GR/SDF
  • Packaging & Packing, Labeling, Bar Coding ,Environment Regulation
  • International Channel of distribution
  • Logistics of Air, Sea, Road Transportation
  • Export Credit Gurantee Corporation ( ECGC ) Payment Assurance

Module  Five


  • Export Pricing & Profit in Export Trade?
  • Custom Clearance, Air Way Bill, Bill of Lading (B/L ), Shipping Bill
  • Export Documentation, Proforma / Commercial Invoice, Packing List, Chamber of
  • Commerce certificate, GSP, Country of Origin Certificate, Bank Certificate.
  • Documents for Custom,
  • Documents to  Bank/ Payment
  • Documents to  Buyer
  • Documents for claiming Govt. benefits

Module Six


  • Import Procedures, Import Duties Assessment & Custom Clearance.
  • Export Promotion
  • Trade Fair Participation
  • Foreign Visit
  • Order through Buying Houses/ Agent
  • Preparing Documents under L/c ( Exercise )
  • How to process an Export Order.
  • Valedictory & Certificate distribution.

Benefits of this MDP course are

1. You can start your own export trade.
2. Getting job in export organization will be easy.
3. You can guide/ impart your knowledge & understanding to others as a trainer.

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EDP on Export Merchandising & Documentation From 7th Aug - 20th Sep, 2013 at NIESBUD Campus, Noida - Ongoing

Curriculum of Export Merchandising & Documentation



1. What is merchandising?
2. Why merchandising?
3. Retail & export merchandising.
4. Sales & marketing.
5. Difference between marketing & merchandising.
6. Process of merchandising.
7. Value merchandising.
8. Visual merchandising.
9. Roles & responsibilities of merchandiser.
10. Management expectation from merchandiser.
11. Merchandising of fashion products.
12. Merchandising of home-textile products.
13. Merchandising of handicrafts products.
14. Merchandising of home- Décor Products.
15. Merchandising of food products.
16. Merchandising of engineering products.
17. Product Passion.
18. Understanding the need of buyer.
19. Planning of raw materials and accessories.
20. Budgeting
21. Sourcing.
22. SWOT Analysis
23. Product life cycle of the company.
24. PLC of export department.
25. PLC of the buyer.
26. Sample development.
27. Target buying price.
28.  Proto offer & specification chart.
29. Govt. regulation of product sampling.
30. Sending sample by courier/air post/parcel.
31. Packing & Packaging.
32. Labeling & Bar-Coding.
33. Product Presentation.
34. Cost Sheet Analysis
35.  Direct / indirect Cost, process Cost, overhead & miscellaneous Cost.
36. Profit Analysis & Competition.
37. Monopoly, Monopolistic, Oligopoly.
38. Quoting Sale Price.
39. Quotation & Proposal.
40. International Channel of Distribution- Importer, Whole seller, Boutique, on- line selling.
41. Selection of channel & Controlling of Supply Chain Management.
42. Vendor Development.
43. Mathematical Applications.
44. Showroom display arrangement.
45. Trade Fair Display Arrangement.
46. Window display.
47. Product Segmentation.
48. Marketing Mix.
49. Product Life Cycle & marketing mix.
50. Raw Material.
51. Product sourcing from India.
52. Raw Material sourcing from foreign country.
53. Negotiation with Supplier.
54. Inventory Management.
55. LIFO, FIFO.
56. Foreign Trade Policy.-2009-14.
57. International environment (W T O., SAARC, EU).
58. Govt. benefits on Exports.
59. Motivation to Export.
60. Formation of Export Company. (IEC)
61. Registration with export promotion Council.
62. Institutional support to Export.
63. Cross country culture.
64. Locating foreign market.
65. Communication with importer.
66. Terms & delivery-Fob/C&F (Incoterms-2010)
67. Terms of Payment.
68. Advance Payment.
70. Goods on credit. (D/A) payment.
71. Documents against Payment. (D/P)
72. Letter of credit.
73. Types of letter of credit.
74. Operations of L/C.
75. Documentation under L/C.
76. Order negotiation Skills.
77. Arranging finance from bank.
78. Packing & Packaging.
80. Insurance of goods.
81. Assurance of payment. (E C G C)
82. FEMA & role of R.B.I.
83. Export documentation.
84. Export Invoice.
85. Export packing list.
86. Shipping bill & types of S/B.
87. Airway bill/ Bill of loading.
88. Chamber Certificate.
89. Stages to export Documentation.
90. Documents for custom
91. Documents for bank.
92. Documents for buyer.
93. Documents for Indian govt.
94. Role of international chamber of commerce in Export Promotion.
95. Order from buying houses/ Agent.
96. Export Fair participation in India.
97. Participating in foreign export fair.
98. Export order through internet.
99. Website designing.
100. Website maintenance.
101. Promotion of website.
102. Online order booking.
103. Processing of an Export order.
104. Documentation Exercise.
105. Presentation
106. Project Work
107. Examination.

Duration: Two Months. Three days in a week.
Batch 1. Monday, Wednesday, Friday
Batch 2. Tuesday, Thursday, Saturday
Classroom Session: August 07 to September 20, 2013.

Timing 
10 am. to 1.30 p.m.

Fees
Rs. 15,000 (includes classroom Teaching study material, Tea, Coffee& Snacks. Hostel facility available on payment.

Mode of payment: Payment can be paid in cash or by D.D or through Net banking. Demand Draft drawn in favor of Niesbud payable at Delhi/Noida.

Certificate: Niesbud (MSME) Certificate will be provided to all participant on the basis of class participation, project work, attendance & mark scored in Examination.

Wish you global success
H.P. Singh
Programme Director.

 Contact us:
Prof. H P Singh- Programme Director & Core Faculty – 09873 46 5520/ 09873 249 429

E-Mail: singh.niesbud@gmail.com

Website: www.niesbud.nic.in

Click Here to Download Registration Form
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3 Days Programme on Web Designing & Web Promotion for Exporters

Learn step by step how to design, maintain and promote your own website. 

Duration: 3 Sunday (August 11th, August 18th & August 25th, 2013) 

 Timing: 10 AM to 5 PM.

Fee Structure: Rs.7500/- per participant. (Fee includes Study Material, Lunch and Tea/Coffee.)
Main chapters to be covered:

 1. What is website?

 2. Why website?

 3. Basic requirements

 4. Static V/s Dynamic site

 5. Designing your own site

 6. Maintaining your own site

 7. Benefits of Dynamic site

 8. Word Press?

9. Installation of Local Server

 10. Installation of data base & data base user

 11. Installation of Word Press

 12. Creating home page of your site

 13. Creating more pages, links & menus

 14. Images – Addition, Deletion & Modification

 15. Managing Header & Footer

 16. Managing Widgets

 17. Plug–in – Contact us

 18. Blog & Forum

 19. Promotion with Search Engine

 20. Promotion with Google

 21. Google– PPC

 22. Role of social sites in trade promotion i.e. Facebook viz Linkedin
For any further inquiry feel free to Contact: Thanks & Regards.

 H P Singh

 0120 4017006 / 09873 46 55 20
singh.niesbud@gmail.com



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Recruiters’ Meet at Baddi (Himachal Pradesh) on 21st -22nd July, 2013

“An Opportunity to Participate and Share Your Manpower Requirement” 

NIESBUD, an apex body of Ministry of Micro, Small and Medium Enterprises, Govt. of India is committed to provide skilled training under the various cross sections of the industry. NIESBUD is organising a “RECRUITERS MEET” to host the HR Managers/ Recruiters/ Entrepreneurs from various industries to share their requirement of skill sets and manpower that would help in formulating more productive and job oriented training programmes so as to suit the actual requirements of the industries.

Note:
  1. NIESBUD trainees may apply only.
  2. Please carry NIESBUD certificate and other related document to the venue. 
  3. Last date for sending Registration Form is 20th July, 2013

Programme Details:
Date: 21-22 July, 2013.
Venue: Baddi University, Makhnumajra, Baddi, Distt. Solan,  Himachal Pradesh - 173205.
Time: 10 a.m. onwards 

 For registration please contact on below mentioned numbers:
+91-8527893441,
+91-8527893420,
+91-9310211575,
+91-9997880006
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