SIE-511/SIE-611 Start-Up, Innovation and Entrepreneurship
Teaching Scheme			Credit	Marks Distribution			Duration of End Semester Examination
L	T	P		Internal Assessment	End Semester Examination	Total
2	0	2	3	Maximum Marks: 50	Maximum Marks: 50	100	3 Hours
				Minimum Marks: 20	Minimum Marks: 20	40

Unit-I

Concept of Entrepreneur: Evolution of the Concept of Entrepreneur, Characteristics of Entrepreneur, Entrepreneur vs Intrapreneur, Classification of entrepreneurs, classification by Clarence Danhof, Entrepreneurial Competency and its types, Entrepreneurial Functions, Role of Entrepreneurs in the Economic Development, Factor Affecting Entrepreneurial Growth- Economic, Social, Personality, Psychological, Cultural. Recent Developments in Women Entrepreneurship (Empowerment).

Unit-II

Institutional Support and Incentives to Entrepreneurs: Institutional Support, Entrepreneurship and Financial Support, Types of Finance- Short, Medium and Long Term, Working and Fixed Capital Support, Need for Incentives and Subsidies, Problems with subsidies.

Institutional Framework: Department of Industries and Commerce (DIC), Objectives and Functions of following institutions - District Industries Centre (DIC), Small Industrial Development Corporation (SIDCO), National Small Industries Corporation (NSIC), Small Industries Development Bank of India (SIDBI), Khadi Village Industry Commission (KVIC), Small Industries Service Institute (SISI), The Himachal Pradesh State Industrial Development Corporation Limited (HPSIDC), National Institute for Entrepreneurship and Small Business Development (NIESBUD).

Unit-III

Micro Small and Medium Enterprises: Need, essential elements, and objectives of MSMEs, Role of SME in the Economic Development, Classification of MSMEs as per MSME Act 2006 and brief introduction of any updated acts/modifications, Credit Guarantee Fund Trust Scheme for MSMEs – Eligibility, Nature of Assistance, Industrial Estates.

Startups: Definition, 'Startup India' Scheme of Govt. (Central and H.P.), Start-up India Hub, Credit Guarantees for Start-ups, Tax exemptions, Financial funding through fund of funds, Research Parks in India, Seed Capital Assistance, Eligibility Criteria, Margin Money Schemes, Single Window System.

Unit-IV

Insurance and Funding: Insurance, Recruitment of manpower, Procurement of raw materials, Production, Marketing, Quality Assurance, Permanent Registration, Continuous Market Research, Monitoring. National Single Window System, Creation of a Project Report (activity for students), Loan and Funding schemes of India and State/H.P.

Sickness, Insolvency and Bankruptcy of Industrial Units: Reasons of sickness of industries, and types of sickness/failures, Valuation and Insurance, The Insolvency and Bankruptcy Board of India (IBBI), Insolvency Professionals, Insolvency Professional Entities, Registered Valuer Organizations (RVOs), Registered Valuers, Registered Valuers Entities.