Technology Development Board (TDB) & SIDBI

Santhosh Kumar 20/11/2023

Technology Development Board (TDB) & SIDBI mind map
TDB and SIDBI Collaboration
Memorandum of Understanding
Credit alliance
Mutual referral for additional funding
Streamlined coordination
Financial support
Eligible MSMEs
Beyond Financial Support
Joint outreach/marketing activities
Initiative promotion
Audience widening
Shared Commitment
MSME support
Technology development and application
Societal betterment
Impacts
Innovation increase
Job creation
Economic development
Technology Development Board (TDB)
Establishment
Statutory body
Established by
Technology Development Board Act, 1995
Formation
September 1996
Supervision
Ministry of Science and Technology
Government of India
Objectives
Promoting technology development
Commercialization
Indigenous technology
Adapted imported technology
Innovation encouragement
Small firms
Production
Competitive consumer products
Motivation
Industries and R&D
Product innovation
Socially relevant technology
Strategic interventions
Identification and action
Core technological strengths
Global competitiveness
Functions
Equity capital provision
Loans provision
Industrial concerns
R&D institutions
Interest rate
5% per annum
Facilitation
Industry and specialists interaction
Cooperative research
Innovation culture fostering
Platform providing
Business and financial institution interaction
Entrepreneurship creation
Partnership assistance
Technology financing institutions
High-tech domain ventures
Job opportunities generation
Members
Chairperson
Secretary, Department of Science and Technology
Ex-officio members
Secretaries of various departments
Scientific & Industrial Research
Defence Research & Development
Expenditure
Promotion of Industry and Internal Trade
Rural Development
Nominated members
Number
Four
Small Industries Development Bank of India (SIDBI)
Establishment
Year
1988
Operative from
April 02, 1990
Subsidiary
Wholly owned by IDBI
Industrial Development Bank of India
Function
Primary financial institution for MSMEs
Regulating and supervising
Small Industries Development Fund
National Equity Fund
Promotion
Cleaner production
Energy efficiency
Mission
Facilitating credit flow
Addressing financial and developmental gaps
MSMEs support
Fund acquisition
Growth, market, commercialize
Developing innovative products
Supervision
Reserve Bank of India
Headquarters
Lucknow, Uttar Pradesh
Chairman and Managing Director
Siva S. Ramann (IAS)
Subsidiaries
Mudra Bank
India SME Asset Reconstruction Company Limited
Acuité Ratings & Research Limited
SIDBI Trustee Company Limited
Key Initiatives
Assistance
INR 5.40 lakh crore to MSMEs
Functions
Refinancing loans
Marketing channel expansion
Leasing, factoring services
Employment promotion
Technological innovation steps
Credit flow
Working capital
Term loans
Financial Assistance
Direct Finance
Working Capital
Term Loan Assistance
Foreign Currency Loan
Support against Receivables
Energy Saving scheme
Indirect Finance
Refinance to Primary Lending Institutions
Resource position raising
Micro Finance
Small entrepreneurs and businessmen support

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Categories: MSMEs, National Organisations / Government Agencies

Tags: 20.11.2023, Newsbits

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