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WELCOMES YOU

WELCOMES YOU - kfc.org filebranch head, kfc selection of entrepreneurs criteria qualification / skill age and health project viability infrastructure quality project knowledge interview

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WELCOMES YOU

Declared in 2011-12 Budget Speech

• Brain child of Hon. Finance Minister Sri. K.M. Mani.

• Declared in 2011-12 Budget speech with an investment of Rs. 500 Crores.

• The most ambitious project of Finance Department ever seen

THE FORMAL INAUGURATION. On 2-2-12 at Nishaghandhi Auditorium, TVPM By Hon. Chief Minister along with other ministers and officials in presence of all selected candidates KSSEDM Theme song by Sri. MG Sreekumar and video advt by Mr. Jayaram Released KSSEDM logo released

THE MISSION AIMS AT… • 10000 New Enterprises • 50000 New Entrepreneurs • 1 lakh Direct Employment • 5 lakhs Indirect

Employment in next five years

• CREATE ENTREPRENEURIAL TRAITS • CREATE EMPLOYMENT

OPPORTUNITIES • PREVENT EXODUS OF LABOUR • DISTRIBUTED DEVELOPMENT • HARNESS LOCAL RESOURCES • OVERALL DEVELOPMENT OF STATE • INCLUSIVE GROWTH • SOCIAL HARMONY

RES

ULT

S

• Apply in groups of 2 – 5 • Technocrats can apply singly • Age 21-40, widows up to 45 • Qualification +2/Vocational

courses • Not permanently employed • First generation

entrepreneurs • Knowledge, Cohesiveness,

Earnestness, Sincerity

The Mission Parameters Defined (Applicant)

• Identified Viable Projects • In place of residence • Manufacturing , Processing • I T related • Services • Maintenance • Registration with District

Industries Centre • Good Agro based Projects

The Mission Parameters Defined (Projects)

The Mission Parameters Defined (LOAN)

• Maximum Loan Amount Rs 20 lakhs

• Rs 4 lakhs per Promoter in Group

• Rs 10 lakhs Degree/Diploma Holders in Engineering

• Moratorium Maximum 1 year

• Repayment Period Max 5 years incl moratorium

• Promoters’ Contribution Minimum 10 %

• Finance from Banks and Other Institutions

The Mission Parameters Defined (Security) Own Land of Enterprise or Assigned to it

Leased / Rented Premises

Assets of Enterprise

Guarantee of Promoters

Additional Security

o Collateral; 25% of Loan Amount

o Personal Guarantee of atleast two Solvent Persons

o Credit Guarantee free Remittance

The best performing SFC of the country Professional Management and Employees

Over 50 Years experience in Financing

KFC as the Implementing Agency…

• Forms made available in kfc.org on 9-12-11

• Mass publicity through all media and press releases.

• Registration continued up to 7-1-12

• Registrations in concerned local bodies.

• Very good response in registration.

Registration Starts…

KSSEDM

Registration

• Over 10000 individuals applied.

• 3977 Enterprises registered all over.

• Highest registration in Malappuram district.

• Lowest in Pathanamthitta district.

• New ideas and innovative projects registered.

Registration Ends…

KSSEDM

Registration

A crucial factor for success

COMMITTEE REP FINANCE MINISTRY DY. DIR. PANCHAYATS GM, DISTRICT INDS CENTRE LEAD DISTRICT MANAGER DIRECTOR, RSETI INDUSTRY REPRESENTATIVE BRANCH HEAD, KFC

Selection Of Entrepreneurs

CRITERIA QUALIFICATION / SKILL

AGE AND HEALTH PROJECT VIABILITY

INFRASTRUCTURE QUALITY PROJECT KNOWLEDGE

INTERVIEW PERFORMANCE INITIATIVE AND DRIVE

TRAINING EVALUATION

816 prospective entrepreneurs; 339 enterprises!

»Identified Agencies

RSETIs

»AREAS • ENTREPRENEURSHIP IS BETTER • MOTIVATIONAL TRAINING • VALIDATING PROJECTS • FEASIBILITY STUDIES • MARKET RESEARCH • FIELD VISITS • PROJECT REPORT PREPARATION • CREDIT GUARANTEE • MGT – MRKTG, FIN, PRODN, QUALITY,

MATRL, CRISIS, TIME • PROCESS & CLEARANCES

Training - EDP for a Month

ELIGIBLE ACTIVITIES

NEW PROJECTS MICRO / SMALL ENTERPRISES WITH APPROVAL FROM DIC GOOD AGRO BASED PROJECTS

• EXPOSURE TO MICRO & SMALL SECTOR • HELP ACHIEVE TARGET OF 60 % BY 2012-13 • HELPS ACHIEVE TARGET IN NO OF UNITS • LARGE BASE CREATED • OBJECTIVE SELECTION OF BENEFICIERIES • PROFESSIONAL TRAINING • INCREASED VIABILITY • MORE UNITS UNDER CGTMSE COVERAGE

BANKER’S ADVANTAGE

SPECIAL FEATURES

– Wide publicity

– Soliciting of maximum participation

– Meticulous selection – project ideas

– Good training

– Market survey conducted by groups

– GOVERNMENT has Budgeted Investment of Rs 500 Crores

– Rs.25 Crores EARMARKED THIS YEAR

• Liaised with SLBC

• Report Placed before SLBC on 22-12-11

• Project reported circulated to all Banks

• All 29 observations cleared in sub-committee of SLBC on 23-2-12

• Placed as agenda in SLBC on 26-3-12

• Cleared by SLBC on 26.03.2012 & communicated to all Banks.

Financial Assistance…

KSSEDM

Financials

STATE LEVEL QUARTERLY BY COMMITTEE OF HON. FINANCE MINISTER SECRETARY, FINANCE SECRETARY, INDUSTRIES SECRETARY, LOCAL SELF GOVT CGM, NABARD GM, CANARA BANK CMD, KFC

Close Monitoring

DISTRICT LEVEL MONTHLY

BY COMMITTEE OF DISTRICT COLLECTOR

GM, DIC LEAD DISTRICT MANAGER

DIRECTOR, RSETI BRANCH HEAD, KFC

• Fully Automated Process • Registrations online • Better MIS introduced • Timely Auto Generated Intimations • Updated Website www.kfc.org • Status can be Assessed Online

A noble scheme The foundation for a VIBRANT INDUSTRIAL KERALA

? KSSEDM AHEAD….. If present trend continues , scheme will achieve the envisaged results