Vision Statement To see Gujarat as a Globally Qualitative and Competitive Destination in Business and Culture. To promote Enterprise, Culture, Technology, Tourism and Education (ECUTE) in SME and Export sectors. A Vibrant Gujarat…
Goal and Objective Goal – To Develop SMEs (Small & Medium Enterprises) of Gujarat. Double SME Income Double SME Employment Double Prosperity of Gujarat by 2012 Remove Poverty by 2020 Objective - To Take Local SMEs Global, or Make SMEs Globally Competitive.
Today’s Situation 300,000 SMEs in Gujarat but, Government Agencies reach 15,000 or 5% in a year? Quality of Industrial Service Agencies is not measured? No single Business Support agency for SMEs with presence in strategic Cities and Growth Centres on the line of developed nations like UK’s ‘Business Link 4 London’.
How Did We Get Here? Fragmented approaches and activities of Public and Private organisations, Banks, specialists and consultants in Management, Growth & Funding of SMEs. Banks and Consultants like to focus on Medium to Large projects. Gujarat is far ahead in Industrial and Religious sectors but, Far behind in Technology, Tourism & Social Enterprise landscape!
How Did We Get Here? Historically, Gujaratis are – More Entrepreneurs but, less Service providers, compared to say Maharashtra or Southern States. Make more money but, earn less education! Visit Globally but, Export far less good and services. Original assumptions like “Government is responsible for Business development”, or “Resources are not available” - are no longer valid today.
Available Options Alternative strategies >>> Increase budget and train staff of Government’s Industrial and Business Development Agencies. Counsel to Develop Entrepreneurs and Projects. Assist Businesses to develop Exports, Collaborations and JVs. Assist Banks and VCs to fund viable Projects and Entrepreneurs.
Available Options Advantages & Disadvantages are with each single Alternative Strategy. Universities are not producing Industry-Ready adults. There is no Single Agency to Support SMEs in Gujarat from Strategic Management to Export Development, Business Planning, Fund-raising, Implementation, Training & Information.
Available Options Business Link 4 London targets to reach 110,000 out of 330,000 London SMEs in at the Budget of £ 25 million (Rs 200 Crore) with 86% Customer Satisfaction guaranteed. Replicating BL 4 London in Gujarat may cost Rs 40 – 50 Crore p.a.? Public – Private Partnership (PPP) is low cost Option on 20:80 basis.
Recommendation Set up Business Support Service 4 Gujarat >>> Web-based Support Centre Market Resource Centre Technology Resource Centre Human Resource Centre Finance Resource Centre City-wise Support Centres Consultants to link with Governments and Banks
Business Support Model SMEs / Customers Government Agencies Banks and Investors BSS Centres (Consultants) TEAM Web
Results Results Expected in 5 Years in Gujarat: Business Penetration up to 80% to cover all 300,000 SMEs. Help Entrepreneurs promote 100,000 new SMEs. Dramatically Improve Profitability of SMEs. Ready Universities to produce ‘Industry-Ready’ adults. Generate 90% Employment to Educated Talent.
Strategies for Success 80% of cost of Business Support Services shall be born by SMEs or Clients. 20% is proposed to be shared by Government of Gujarat? International Funding Agencies shall be roped in to chip in additional funding / grants. TEAMPro to implement BSS 4 Gujarat as a Public-Private Partnership (PPP) Social Venture. Prof. Prem Sharda to Chair BSS Enterprise.
Action TEAMPro to prepare Business Plan for setting up “Business Support Service 4 Gujarat.” A London based consulting firm to partner with TEAMPro London for preparing the Business Plan. Grant from Government of Gujarat for preparing World Class Business Plan? £ 50,000 or Rs 40 lacs only. TEAMPro is ready for some soft equity Grant.
Action BSS 4 Gujarat Ltd to be incorporated as a Social Enterprise, which shall manage the business of providing 100% Business Support Services to 300,000 – 400,000 SMEs in Gujarat. BSS 4 Gujarat to promote Enterprise, Culture, Technology, Tourism and Education (ECUTE) in SME and Export sectors. Launching in Vibrant Gujarat January 2007…
Thank You Sir! Dr Rajesh Khajuria, Director TEAMPro Limited, London UK TEAM Projects & Consultants, Vadodara India Web: India Mobile: Prof. Prem Sharda: