MSME startup – worldwellnessexpo.org

ABOUT MSME

MSME Development Forum is a non-profit organization, working to promote, revive, & accelerate the growth of MSME & Start-ups Ecosystem in India, Particularly LAGHU UDHYAMIs (Small Entrepreneurs), Budding and Young Entrepreneurs to strengthen Socio-Economic Structure and to generate a required number of Entrepreneurial Job Opportunities for 65% Young India to boost economic activities in the country. It is working as a catalyst between Government Bodies, Youths and the Business communities for the successful implementation of Skill India, Make in India, Digital India, Start-Up India, Stand-Up India and Make India World’s Manufacturing & Sourcing Hub.

What is msme?

Definitions of Micro, Small & Medium Enterprises Following the provision of the Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME) are classified into two Classes:

MANUFACTURING ENTERPRISES: the enterprises engaged in the manufacture or production of goods about any industry specified in the first schedule to the Industries (Development and Regulation) Act, 1951) or employing plant and machinery in the process of value addition to the final product having a distinct name or character or use. The Manufacturing Enterprise is defined in terms of investment in Plant & Machinery.

SERVICE ENTERPRISES: The enterprises engaged in providing or rendering services are defined in terms of investment in equipment.

The limit for investment in plant and machinery/equipment for manufacturing / service enterprises, as notified, vide S.O. 1642(E) dtd.29-09-2006 are as under

MSME in India

India is one of the fastest growing economies in the world and has successfully sustained recent Global Pandemic downturn to emerge as
one of the leading Nations with 1.35 billion people & Skilled Work force
with high disposable income.
Despite Economic slowdown experienced by major developed and
developing world, India is growing at a consistent pace.
In the globalized economy, SME’s are the driving force behind a large number of innovations, stimulate private ownership, initiate entrepreneurial skills, help diverse economic activities and contribute to the National growth through manufacturing, employment generation & Investments.
It is diverse in terms of size, technology, location in India with range of about 8000 different products, spanning from grass root village industry to hi-tech Electronic, Defense & satellite components.
12 Crore MSMEs are engaged in 6.25 Crore enterprises, involving Approx. 60 crore people i.e. 45 % of India’s population

WHERE FOUNDERS MEET FUNDERS

Entrepreneurs/ Startups will have 3- 5 minute to pitch their idea/story directly to investors/VC’s/accelerators directly. MSME STARTUP is an exclusive platform, which will feature growth startups and entrepreneurs, who have demonstrable products or services and are looking to raise investment. It aims to simplify your business funding and investing needs. Companies will connect with India’s leading investors/VC’s/accelerators to discuss innovative business ideas, structure deals, and network and develop a mutually beneficial relationship for success.

WHAT YOU GET WHEN YOU APPLY FOR

‘MSME STARTUP’

Opportunity To Pitch Directly To Investors

Radically Increase Your Chances Of Receiving Funding

Space To Showcase Your Startup

Scorecard On Investment Worthiness Of Your Venture/ Pitch

Winner Gets To Be Featured In Entrepreneur Media

1 Delegate Pass

Concurrent Events

SUMMIT

Worthy of investment. Build the clearest perspective on the industry with keynotes that will help you tune your business to deliver the biggest of impacts.

AWARDS

Nominations are open. The awards aim to recognize and felicitate Achievers, Innovators, and Suppliers, who have contributed significantly towards the development of entrepreneurship in India.