Voice of SMEs - Nakhrewaali Brand
We thought of going beyond the mainstream this time and hence connected with atypical manufacturing brands who with their quality and innovativeness are setting benchmarks in the market. Presenting you two extremely thriving SMEs voicing their opinions and sharing their success strategies. A MUST READ!
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SME of the Year 2016 Award
In conversation with the SME of the year 2016:  Silab Tech Pvt. Ltd., a high speed SerDes IP company who has outshined others to become the ultimate winner.
 
Read More on to know its journey to success...
 
Impact Story

A mentor can take your business to new heights. If the purpose of your business is to make profits then read this article written by our mentor
Mr. Hitendra Soneji discussing how sales training helped an organization to scale up their sales figures.


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Feature
9 Useful Online Resources for Startups & SMEs in India
Choosing business services and tech products to run startups is easy now! With a few clicks, startups can find all support online anytime, anywhere. There are diverse one stop shops that help Indian startups and SMEs in effective ways. Let's have a look.
 
10 Best Government Subsidy For Small Business In India
Government subsidy for small business is very much effective in any small scale industry. Many incentives are provided both by the Central and State Governments to promote the growth of small-scale industries specially MSME. Here is a list of 10 best subsidies by govt. for small businesses in India.
 
10 Best Tips for Building a Winning Sales Team for Startups
After eating some numbers around and looking at your company’s growth, you find that there is something that needs to be done for you to grow; hiring and building a sales team. Let's ;earn the best tips for building a winning sales team.
 
Best Small Business Loans In India For 2017 – Big List
Small business loans are the essential requirement for small business owners. In any stage of the business lifecycle, you may have faced the requirement of funding. Securing funds for a startup is one of the toughest challenges, but this comprehensive list might help you secure your next fund.
 
World leaders discuss 'Making Global Goals Local Business' at Jaipur Rugs 
Over 30 thought leaders from across the world gathered at the Delhi showroom of Jaipur Rugs to discuss ways of innovating stakeholder co-creation and to learn the best practices being followed by businesses across the globe. Learn's learn from the experts.
Best from our Blog
5 Successful Entreprenuers Give The Best Piece Of Advice To Their Younger Self
We asked 5 successful entrepreneurs on what advice would they like to give to their younger self, to which they contemplated and answered with careful thoughtfulness and their tips are sure to make you wiser. 
 

Issue 5 - Volume 5 | May 2017
A Message from the Founder
     
Sandipan Ray, Editor, SMB Connect   As SMBConnect prepares itself for its 4th season of Start-Manage-Expand-India- the largest roadshow for SMEs & Entrepreneurs, we invite you for your valuable suggestions and recommendations to help us make
it a bigger and better event than ever. We are inviting some of the best industry experts and 30k+ SMEs to come under one roof and indulge in discussions which are informative, engaging and useful for business growth.  The mission is to provide valuable sessions on key industry topics to help you grow your business through expert tips and connect you with other SMEs of your interest. To ensure that we are successful in delivering the best solution to your present needs, we encourage you to come forward and let us know your pressing requirements. Whether it is marketing, finance, HR or logistics, we will ensure that your concerns are taken care of in our seminar and we are able to meet your expectations by providing a valuable experience to you along with a big platform for networking and knowledge sharing.

Also, as GST is set to roll out this July, we have got experts on board who will share useful GST tips for SMEs and discuss the need of digitization aligning with our theme “Digitizing SMEs in the GST Era”.

Coming to this issue of the newsletter, we have tried to incorporate the most valuable resources matching your Interest. You can find a cover story discussing the status quo of government initiatives for SMEs, engaging interviews of uprising entrepreneurs, success stories of brands supported by our advisors, Voice of SMEs, some unknown facts and a few enlightening articles concerning the business domain. Hope you enjoy the read.

As always, I would encourage your feedback as it helps us to improve and become better and would like to thank you for your continued readership.

Suggestions and feedback are welcome on info@smbconnect.in

Best Wishes,
Sandipan Ray
Director, SMBConnect

 
 
Interesting Facts
   
» The concept of PM Modi’s Digital India is derived from the framework of Gujarat’s famous developmentary program”Vibrant Gujarat"
» SKILL INDIA aims at providing training and skill development to 500 million youth of our country by 2020, covering each and every village.
» "Skill India" initiative includes several schemes and policies such as Pradhan Mantri Kaushal Vikas Yojana (PMKVY) scheme, the Skill Loan scheme, National Policy for Skill Development and Entrepreneurship 2015 and National Skill Development Mission.
» DigiLocker is yet another Digital India initiative launched by the Government of India in February 2015. DigiLocker is actually an e-locker to save your official and other documents.
» India is 11th in the world in terms of nominal factory output according to the CIA World Factbook.
» Consumer spending in India is expected to triple to $3.6 trillion by 2020 compared to just $991 billion in 2010.
 
 
Newsfeed
» Mid-term review of FTP before GST, aims at propelling SMEs: Sitharaman
» 2017 to be year of fiscal improvement: Minister
» GST to eliminate human interface, create national market: Revenue Secy
» Services sector hit by challenging market conditions in April
» Tax revenue to touch Rs 30 lakh cr in two years: Gadkari
 

The skill ecosystem in India is undergoing major reforms and policy interventions as India embarks on its journey to become a knowledgeable economy. However, education is playing important role and many organizations are able to hire skillful employees. 2016 has been a starting year for significant growth as per MSME report.
 
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