TBB BUREAU BHUBANESWAR, SEPT 20, 2023 Startup Odisha, an initiative of the MSME Department of the Government of Odisha has today launched a one-of-its-kind Rs 100 crore Odisha Startup Growth Fund (Fund of Funds) with Small Industries Development Bank of India (SIDBI) as the fund manager. This fund is truly unique due to its perpetual nature. When the initial corpus ...

TBB BUREAU BHUBANESWAR, MAR 27, 2023 As part of bringing best practices and standards to the Startup Ecosystem in Odisha and for the effective management of its funds, Startup Odisha has roped in the Small Industries Development Bank of India (SIDBI) for managing the Odisha Startup Growth Fund (OSGF), said Dr. Omkar Rai, Executive Chairman, Startup Odisha, at the opening ...

TBB BUREAU BHUBANESWAR, DEC 15, 2022 Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing, and development of Micro, Small, and Medium Enterprises (MSME) has partnered with M1xchangeas the financier.This move is expected to bring liquidity to MSMEs at competitive interest rates. M1xchange offers early liquidity to MSMEs within 24 hours through its ...

TBB BUREAU BHUBANESWAR, DEC 7, 2022 Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of Micro, Small & Medium Enterprises (MSMEs) in India, has signed a Memorandum of Understanding (MoU) with Small & Medium Enterprises General Authority of The Kingdom of Saudi Arabia (Monsha’at) for exploring and collaborating on matters ...

TBB BUREAU BHUBANESWAR, NOV 29, 2022 Small Industries Development Bank of India (SIDBI) and Agence Française de Développement (AfD) have joined hands with the aim of strengthening the cooperation on climate change and greening finance. AFD is a public development finance institution whose objective is to support both India’s international commitments on reducing greenhouse gases emissions and to ensure economic ...

TBB BUREAU SAMBALPUR, OCT 18, 2022 Indian Institute of Management, Sambalpur and SIDBI have inked a memorandum of understanding (MoU) on Tuesday, to strengthen the small business/micro enterprise ecosystem of various weaving and craft clusters across Odisha and the nation. Several strategic interventions will be undertaken under the partnership focused on strengthening the supply-chains, helping clusters become self-sustainable and developing ...

TBB BUREAU MUMBAI, AUGUST 9, 2022 ONDC, a first-of-its-kind initiative to democratise the country’s e-commerce ecosystem, has signed a Memorandum of Understanding (MoU) with SIDBI, the principal financial institution set up under an Act of Parliament for promotion, financing and development of the Micro, Small and Medium Enterprise (MSME) sector and for coordination of functions of institutions engaged in similar ...

TBB BUREAU MUMBAI, AUGUST 1, 2022 SVC Co-operative Bank Ltd. (SVC Bank), one of India’s leading co-operative bank, and Small Industries Development Bank in India (SIDBI), country’s apex financial institution for micro, small and medium enterprises (MSMEs), today announced entering into a partnership through an agreement. The agreement was signed by Ashish Singhal, MD, SVC Bank and Sanjeev Gupta, GM, ...

TBB BUREAU BHUBANESWAR, NOV 15, 2021 Small Industries Development Bank of India (SIDBI) has launched the second window of Swavalamban Challenge Fund (SCF), which aims to provide financial support to non-profit organizations/educational institutions/social startups for addressing developmental gaps. The focus is on innovative projects addressing the green/clean/efficient climate change. Other themes are sustainable livelihood, financial inclusion, and access to financial ...