NIESBUD is an apex body established by Ministry of Micro, Small & Medium Enterprises, Government of India. The Objectives are as follows:-

  • To evolve standardised materials and processes for selection, training, support and sustenance of entrepreneurs, potential and existing.

  • To help/support and affiliate institutions/organisations in carrying out training and other entrepreneurship development related activities.

  • To serve as an apex national level resource institute for accelerating the process of entrepreneurship development ensuring its impact across the country and among all strata of the society.

  • To provide vital information and support to trainers,promoters and entrepreneurs by organising research and documentation activities relevant to entrepreneurship development

  • To train trainers, promoters and consultants in various areas of entrepreneurship development

  • To offer consultancy nationally/internationally for promotion of entrepreneurship and small business development.

  • To provide national/international forums for interaction and exchange of experiences helpful for policy formulation and modification at various levels.

  • To share international experience and expertise in entrepreneurship development.

  • To share experience and expertise in entrepreneurship development across national frontiers.