The National Institute for Entrepreneurship and Small Business Development is a premier organisation of the Ministry of Skill Development and Entrepreneurship, engaged in training, consultancy, research, etc. in order to promote entrepreneurship. The major activities of the Institute are Training of Trainers, Management Development Programmes, Entrepreneurship-cum-Skill Development Programmes, Entrepreneurship Development Programmes and Cluster Intervention. NIESBUD has provided training to 10,94,529 persons as of March 31, 2017 through 41,483 different training programmes since inception. This includes 4,060 international participants hailing from more than 137 countries throughout the globe.
The Institute provides support and guidance in establishing EDP institutions. The assistance covers developing programmes & faculty, providing training,library facilities and sharing experiences of conducting programmes at the initial stage(s).
The Institute focuses its attention on small business development by encouraging and supporting arrangements in remote and backward areas. The number and percentage of small business among small entrepreneurs is very large. The Institute concentrates its efforts on evolving a methodology for training, supporting and sustaining this Group.
Sustaining existing entrepreneurs is an important activity. In this direction, the Institute organises Continuing Education Programmes for SSI Entrepreneurs besides providing counselling and consultancy. Short duration training programmes on Working Capital Management, Marketing, Project Identification & Selection, Accounting etc. are conducted on campus, while counselling / consultancy is provided on and off campus.