Page 31 - EDII-Report-116

REPORTS 116
EDII

The Potential of Village Entrepreneurship

...Startup Village Entrepreneurship Programme (SVEP)

The glaring income gap between the haves and the have-nots is beginning to nd an answer in
entrepreneurship. Most of the underprivileged residing, particularly in villages, are unable to spot
.
growth opportunities and continue to dwell in poverty and dismal conditions The Startup Village

Entrepreneurship Programme [SVEP] is the largest village entrepreneurship programme that targets
fostering economic growth through sustainable livelihood opportunities. SVEP has been envisioned by the
Ministry of Rural Development, Govt. of India.

The project covering 80 blocks in 15 States is helping members of Self Help Groups (SHG) set up small
enterprises in rural areas under non-farm sector. SVEP is the sub-scheme under Deendayal Antyodaya
Yojana - National Rural Livelihoods Mission (DAY-NRLM). EDII has been functioning as the National
Resource Organisation (NRO) for this programme and is signicantly enabling economic growth through
sustainable livelihood options.

As a result of various trainings, mentoring support and opportunity sourcing, 65832 enterprises have
been established, training has been imparted to 67576 entrepreneurs as well as 1232 community
resource persons. Through a dedicated fund known as the Community Enterprise Fund (CEF)
accessible under this project, these enterprises have been provided a total of 177.32 crores in credit to
help them start and grow their businesses.

41336 women owned entrepreneurs under this project, is an achievement of sorts.

ENTERPRISES Existing : 17,238 ENTREPRENEURS Female : 41,336
PROMOTED New : 48,594 PROMOTED Male : 26,239

COMMUNITY BANK Enterprises: 3149
ENTERPRISE LINKAGES Mudra: 46
FUND [CEF] ` 177.32 Cr.
DISBURSED ` 12.99 Cr.

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