ENTERPRISE DEVELOPMENT-PartIII

STEPS TO START AN ENTERPRISE – Part III



PROJECT REPORT

The project report is a document, which gives an account of the project proposal to ascertain the prospects of the proposed plan/activity. The project report,(sometimes known as Bankable Project Report) should contain detailed information about:

a) Land & building required

b)Manufacturing/Production Capacity per annum

c)Manufacturing Process, Technology

d) Machinery & equipment along with their prices and specifications

e) Requirements of raw materials

f) Power & Water required.

g)Manpower needs

h)Marketing

i)Cost of the project and production.

j)Financial analysis & Techno-economic viability of the project.

* Model project profiles are available with the MSMEDIs (formerly SISIs) & DIC's for the guidance of entrepreneurs. However, these project profiles have to be recast in accordance with specific needs of the entrepreneurs and the current prices of inputs.

*MSMEDIs, National Small Industries Corpn., and State Govt. agencies viz. DICs, State Finance Corpn.,KVIC, etc., can help in preparing the Project Report. It can also be prepared by collecting detailed information on various inputs.

*Information in detail is required about the technical process, requirements of plant and machinery, raw materials, manpower requirement, market information and statutory obligations (like pollution control, Licenses, if needed, and public safety) etc. The details of power and water tariff, land/shed/building and selling prices etc. needs to be collected as prevalent in the market.

*Micro, Small & Medium Enterprises Development Institute’s (formerly Small Industries Service Institutes), Design and Development Centers like MSME Technology Development Center’s (formerly PPDC's) /Tool Room's, Research and Developmental agencies such as NRDC,CSIR Labs, Regional Research Laboratories etc., can help the entrepreneur in selecting the product, process technology, suitable equipments etc.

Filing of Entrepreneur Memorandum (EM)

l Filing of memorandum is optional for all Micro, Small & Service Sector Medium Enterprises. However to get incentives from Govt. it is mandatory

2 Filing of memorandum optional for Filing of memorandum mandatory for manufacturing sector Medium Enterprises.

3 EM has to be filed with General Manager, DIC, of the concerned district.

The EM is a document containing the details of the Enterprise to be set up.

The Entrepreneur has to fill up the EM in quadruplicate and submit to the concerned DIC in his/her district and obtain one copy duly signed by the competent authority at the District Industries Centre. The EM is required at all stages like Power connection, Tax Registration, etc.