The Government of India has made the growth and expansion of micro, small and medium enterprises a priority. This is in the context of the immense contribution MSMEs make towards employment, GDP and exports. Concerned ministry: http://msme.gov.in/
Since inception, the Venture Center has actively supported the Government’s mission to support MSMEs.
- Venture Center actively creates new startups. Most of these startups are micro -enterprises at inception. Venture Center focuses on a class of micro-enterprises that are developing inventive or knowledge-intensive products and services.
- The Venture Center operates India’s most successful IP Facilitation Center (IPFACE) for the benefit of MSMEs and entrepreneurs. See www.ipface.org . The IPFACE is a facility open to all MSMEs and entrepreneurs/ innovators.