Financial support for Entrepreneur

Applications have been invited for financial support extended by the government to first generation entrepreneurs under the New Entrepreneur-cum-Enterprise Development Scheme (NEEDS) in Tiruchi district in the current financial year. All economically viable manufacturing and service activities would be eligible to be funded under the scheme, subject to appraisal by the banks or the TIIC. Food processing, rice mills, engineering industries, readymade garment manufacturing, electronics, and other manufacturing and service sector projects such as BPOs and medical transcription could be promoted under the scheme. Applications should be submitted at the District Industries Centre before July 15, Collector K.S.Palanisamy said in a press release.