A Joint Initiative by IFCI & FISME

Message from IFCI MD & CEO

India’s entrepreneurial landscape is vast, with millions of small and medium enterprises driving our nation’s growth. Though over 64 million MSMEs are operating across the country, majority being micro enterprises, only a small percentage ever transition to medium or large-scale operations. Despite the clear potential, many SMEs face significant challenges in scaling up.

MSMEs primarily rely on debt to fund their operations. However, debt alone cannot drive the scale required for businesses to reach their full potential. Thus, it is important for MSMEs to take equity route, which allows them to expand, innovate, and create more job opportunities. However, navigating the complexities of equity financing and the process of going public remains a challenge for most entrepreneurs.

To handhold MSME in navigating through the complexities of the equity route, IFCI and FISME have come together to establish the “Centre of Excellence for Aspiring SMEs”. This centre will provide hands on support for SMEs that are ready to scale but are unsure of how to access the capital or resources needed to do so. Our mission is simple: to empower growth-oriented SMEs with the tools, guidance, and opportunities that are required to transition from small to medium, and from medium to large. We believe that with the right support, the potential of India’s MSMEs is limitless. Let’s work together to turn that potential into reality.

team

Shri Rahul Bhave

MD & CEO, IFCI