Thursday, May 9, 2013

Bridging the Information and Support Gap for Indian MSMEs – MSMEMentor.in

Entrepreneurs are always on the lookout for information on managing finance, developing marketing and sales skills, understanding legal complexities and complying with statutory requirements specific to their business. Joining MSMEMentor will open them to a vast resource of skilled experts in various fields who have “been there, done that” and possess experienced hands-on skills that is priceless.

MSMEMentor.in is yet another brilliant initiative by India's dedicated development institution for MSMEs – SIDBI and National Stock Exchange. This venture is supported by PRIME which is a premier database on capital market. 
MSME players are often subjected to challenges of obtaining information, guidance and insight on macro-economic factors which can help them steer their business in the right direction. The bigger issue is the fragmented condition of India's MSME sector which creates further impediments. Thankfully due to the widespread use and availability of information technology tools and the Internet, institutions like SIDBI have managed to come up with platforms to bring the entrepreneurs and experts together to share views, discuss and create lasting solutions. The aim of MSMEMentor.in is to derive results and not just create another “informative website”.

Entrepreneurs are always on the lookout for information on managing finance, developing marketing and sales skills, understanding legal complexities and complying with statutory requirements specific to their business. Joining MSMEMentor will open them to a vast resource of skilled experts in various fields who have “been there, done that” and possess experienced hands-on skills that is priceless.

This platform also affords and opportunity for industry veterans, retired personnel, independent consultants and any professional to help newbies by mentoring them through their business incubation to maturity stage. The level of involvement can be highly specific to each enterprise thus giving the expert adequate freedom to engage and perform. On the positive side, large companies can join MSMEMentor as experts and enrich the knowledge bank as part of their CSR.

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