The National Institute for Entrepreneurship and Small Business Development is a premier organization of the Ministry of Skill Development and Entrepreneurship, engaged in training, consultancy, research, etc. in order to promote entrepreneurship and Skill Development. The major activities of the Institute include Training of Trainers, Management Development Programmes, Entrepreneurship-cum-Skill Development Programmes, Entrepreneurship Development Programmes and Cluster Intervention. NIESBUD has provided training to 14,65,926 persons as of March 31, 2024 through 55,619 different training programmes since inception. This includes 5,317 international participants hailing from more than 145 countries throughout the globe.
Objective
The major activities of the Institute include Training of Trainers, Management Development Programmes, Entrepreneurship-cum-Skill Development Programmes, Entrepreneurship Development Programmes and Cluster Intervention. The Core Objectives of the Institute are as follows:
- To standardize and systemize the processes of selection, training, support and sustenance of potential and existing entrepreneurs.
- To support and motivate institutions/organizations in carrying out training and other entrepreneurship development related activities.
- To serve as an apex national level resource institute for acelarating as well as enhancing the process of entrepreneurship development, to measure the impact of the same within different strata of the society.
- To provide vital information and support to trainers, promoters and entrepreneurs by organizing research and documentation activities relevant to entrepreneurship and skill development.
- To create a holistic environment to train the trainers, promoters and consultants in diverse areas of entrepreneurship and skill Development.
- To offer consultancy nationally/internationally for promotion of entrepreneurship and small business development at national and international level.
- To provide national/international forums for interaction and exchange of ideas for policy formulation and its refinement at various levels.
- To share experience and expertise in entrepreneurship development across national frontiers to create awareness on it at national level.
- To interchange international experience and expertise in the field of entrepreneurship development for mapping its development at international levels too.