The National Institute of Entrepreneurship and Small Business Development (NIESBUD) is an autonomous institution under the Ministry of Skill Development and Entrepreneurship, Government of India. Established in 1983, NIESBUD is dedicated to promoting entrepreneurship and facilitating the growth of small businesses in India through various training, research, consultancy, and advocacy initiatives.
Key objectives and activities of the National Institute of Entrepreneurship and Small Business Development include:
- Entrepreneurship Development Programs: NIESBUD offers a wide range of entrepreneurship development programs, including skill development courses, management development programs, and capacity-building workshops. These programs aim to equip individuals with the necessary knowledge, skills, and attitudes to start and manage their own enterprises.
- Small Business Management Training: The institute provides training programs and workshops specifically designed to enhance the managerial and operational capabilities of small business owners and entrepreneurs. These programs cover various aspects of business management, including finance, marketing, human resources, and technology adoption.
- Incubation Support: NIESBUD operates business incubation centers to support the development and growth of innovative startups and small enterprises. The incubation centers provide infrastructure, mentoring, networking, and other support services to help entrepreneurs turn their ideas into successful businesses.
- Research and Consultancy: NIESBUD conducts research studies and surveys on entrepreneurship, small business development, and related topics to generate insights and recommendations for policymakers, practitioners, and stakeholders. The institute also offers consultancy services to governments, organizations, and entrepreneurs on entrepreneurship-related issues.
- Advocacy and Policy Support: NIESBUD engages in advocacy efforts to promote entrepreneurship as a key driver of economic growth, job creation, and innovation. The institute collaborates with government agencies, industry associations, academic institutions, and other stakeholders to influence policy decisions and create a conducive environment for entrepreneurship development in India.
 the National Institute of Entrepreneurship and Small Business Development plays a crucial role in promoting entrepreneurship, fostering small business growth, and contributing to socio-economic development in India. Through its comprehensive programs and initiatives, NIESBUD aims to empower individuals and communities to realize their entrepreneurial potential and create sustainable livelihoods.