Apart from 26 units already on stream, 144 units are under various stages of implementation.

Twenty-six new units have gone into commercial operation under the Kerala State Self Entrepreneur Development Mission (KSSEDM).

The mission was launched in February, for which Kerala Financial Corporation (KFC) is the nodal agency.

It aims at inculcating entrepreneurship among educated youth. Apart from 26 units already on stream, 144 units are under various stages of implementation.

Since the launch, over 1,600 prospective entrepreneurs representing over 650 enterprises have been selected for training.

Twenty-nine batches have completed it: 798 entrepreneurs of 327 enterprises are eligible for financial assistance for getting their dream projects off the block.

The serious scrutiny of candidates and rigorous training has seen many of the non-serious candidates drop out, an official spokesman said.

This would in fact ensure better success for the units set up under the mission, he added.


The scheme could achieve the results in a short span of time and has facilitated the setting up of enterprises in diverse areas.

These range from animation, civil engineering drawing and estimation, digital printing, automobile servicing, office automation services, garment manufacture, baked items, eco-friendly carry bags, cardamom processing, unani medicine, photo studio, tiles and hollow bricks making and biogas plants to mushroom cultivation.

Efforts are on to showcase success stories and attract yet more youth towards the mission, the spokesman said.

A function was organised at Elikulam in Kottayam District on Monday to announce the commercial operation of a modern printing press set up under the mission.

Finance minister K. M. Mani declared the unit open in the presence of Jose K. Mani, MP, and other dignitaries. Premnath Ravindranath, General Manager, KFC, presented the progress report of the mission.

Prospective entrepreneurial candidates may register online through the website www.kfc.org. About 226 enterprises have made fresh registrations and the selection committee is meeting in different districts to select good projects.


(This article was published on November 14, 2012)
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