SRM VALLIAMMAI
ENGINEERING COLLEGE
(An Autonomous Institution)
SRM Nagar, Kattankulathur-603203.
DEPARTMENT OF MANAGEMENT STUDIES
Guest Lecture on “ENTREPRENEURSHIP DEVELOPMENT – Catalyzing Business Growth & MSME Schemes for Aspiring Entrepreneurs”
The Department of Management Studies, SRM Valliammai Engineering College, Kattankulathur, organized the Guest Lecture on “ENTREPRENEURSHIP DEVELOPMENT – Catalyzing Business Growth & MSME Schemes for Aspiring Entrepreneurs” for the Second Year MBA Students (BATCH 2024 – 2026) on 9th September 2025 at 10.00Am to 12.00Pm Dr.M.Murugan, Principal, SRMVEC was inaugurated the guest lecture. The HOD Prof. Venkat Muramalla convened the guest lecture.
About the Event:
The guest lecture on “ENTREPRENEURSHIP DEVELOPEMNT – Catalyzing Business Growth & MSME Schemes for Aspiring Entrepreneurs” aimed at entrepreneurship is not just about starting a business; it is about innovation, risk-taking, and creating value for society. In today’s competitive economy, entrepreneurship development plays a crucial role in catalyzing business growth by fostering creativity, enhancing managerial skills, and building resilience in aspiring entrepreneurs.
A strong entrepreneurial ecosystem fuels economic progress, generates employment, and encourages self-reliance. In India, this vision is further strengthened through various MSME (Micro, Small & Medium Enterprises) schemes. These schemes provide budding entrepreneurs with access to finance, skill development, market linkages, and technology support. Programs like the Prime Minister’s Employment Generation Programme (PMEGP), Credit Guarantee Fund Scheme, Cluster Development Programme, and Startup India initiatives are enabling small businesses to flourish.
For aspiring entrepreneurs, these schemes are not just financial aids; they are stepping stones toward innovation and sustainability. By leveraging these opportunities, young minds can convert ideas into enterprises, promote Make in India, and contribute to Atmanirbhar Bharat.
Distinguished Speaker:
Dr. G. SEENUVASAN, DISTRICT PROGRAM MANAGER, EDII, DEPARTMENT OF MSME, VILLUPURAM DISTRICT.
Highlights of the Speech:
It gives the great pleasure to an important subject – the role of the Department of Micro, Small and Medium Enterprises, Government of Tamil Nadu.
The MSME sector is rightly called the backbone of our economy. It generates employment, promotes innovation, and supports inclusive growth. In Tamil Nadu, this sector plays a vital role, contributing significantly to industrial development and exports. To strengthen this sector, the State Government has established a dedicated MSME Department.
Under the able leadership of Honourable Minister Thiru T.M. Anbarasan, the department works with a clear vision: to empower entrepreneurs, create jobs, and promote self-reliance. The Principal Secretary, Shri Atul Anand, IAS, along with institutions like TANSIDCO, TANSI, FaMe TN, and StartupTN, ensures effective implementation of schemes and policies.
The Department provides a wide range of support schemes:
· The NEEDS scheme for new entrepreneurs,
· The UYEGP programme to help unemployed youth start their own businesses,
· Capital subsidies, interest subsidies, and stamp duty concessions for industries,
· Support for innovation, patents, trademarks, and exports,
· And most recently, inclusive schemes like the Annal Ambedkar Entrepreneurship Development Programme and the Kalaignar Handicrafts Development Scheme.
In addition, the Single Window Portal makes it easier for entrepreneurs to get licenses and approvals quickly, encouraging faster business growth. The department also supports cluster development in areas like textiles, leather, and handicrafts, ensuring that our traditional strengths are carried forward with modern competitiveness.
The results are remarkable. In the last few years, the Department has supported tens of thousands of entrepreneurs, mobilized thousands of crores in investments, and created lakhs of employment opportunities. Truly, the Tamil Nadu MSME Department has become a catalyst for economic progress and social empowerment.
In conclusion, friends, the Department of MSME, Government of Tamil Nadu, is not just implementing policies—it is building dreams, creating livelihoods, and shaping a self-reliant Tamil Nadu. As aspiring entrepreneurs, let us take advantage of these opportunities, innovate with confidence, and contribute to our state’s growth story.