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Home >> Setup New Venture >> Guidelines

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• Project Selection

Technology and Machinery Arranging Finance Unit Development

• Filing of Entrepreneurs’ Memorandum

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Setting up a new unit is a big challenge

The overriding reason for anyone to think of establishing a MSME unit can be summarised in one word - OPPORTUNITY. If one can see an opportunity to provide a product or service in a manner to generate sufficient surplus, then one way is to start up a MSME unit. This is all the more true if one believes in the maxim, "Small is Beautiful"

Opportunities emerge out of ideas that one comes across by thinking about lives of friends and neighbours. This can generate ideas about products and services that can make things easier, and improve quality of life of people.

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