Over the years the Start-Up Village Entrepreneurship Programme (SVEP) has made an impressive progress and has extended business support services and capital infusion to 153 blocks of 23 states as of August 2020.
- Around, 2,000 trained cadre of Community Resource Person-Enterprise Promotion (CRP-EP) are providing services to rural entrepreneurs and as on August 2020, around 100,000 enterprises are supported by them.
About Start-Up Village Entrepreneurship Programme (SVEP)
- Start-Up Village Entrepreneurship Programme (SVEP) is implemented by Deendayal Antyodaya Yojana –National Rural Livelihoods Mission (DAY-NRLM), Ministry of Rural Development, as a sub-scheme since 2016.
- The scheme is being implemented with an objective to support the rural poor come out of poverty, supporting them setup enterprises and provide support till the enterprises stabilize, SVEP focusses on providing self-employment opportunities with financial assistance and training in business management and soft skills while creating local community cadres for promotion of enterprises.
- Entrepreneurship Development Institute of India (EDII), Ahmedabad is the technical support partner of SVEP.
- SVEP addresses three major pillars of rural start-ups namely – finances, incubation and skill ecosystems.
- Activities under SVEP are strategically designed to promote rural enterprises, one of the key areas is to develop pool of community resource persons – enterprise promotion (CRP-EP) who are local and support entrepreneurs setting-up rural enterprises.
(Source: PIB)
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