The Ministry of Micro, Small and Medium Enterprises (MSME) is implementing a Scheme to support 5 selected Universities/Colleges to run 1200 Entrepreneurship Clubs. Under the scheme, 5 selected universities, one each from Northern, Western, Eastern, Southern and North-East region, have to run entrepreneurship clubs to bring entrepreneurs, universities and MSME-Development Institutes (MSME-DI) together.
Vellore Institute of Technology, Vellore, Tamilnadu has been selected to implement the scheme in association with MSME- DI, Chennai in the southern region, including Tamilnadu.
Here is the allocation of funds and number of beneficiaries during each of the last two years and current year at the all India level :-
Year | Fund Allocation (Rs. In Lakh) | Number of Beneficiaries.
2009-10 | 43.32: | 6714
2010-11 | 5.00 | 1386
2011-12 | 37.8995 | 3785