Mysuru: In a bid to create awareness among entrepreneurs, Rotary Means Business (RMB), Mysuru Chapter, organised a workshop on ‘Micro, Small and Medium-sized Enterprise (MSME) Schemes’ at the Southern Star Hotel in city this morning.

The chief guests for the event were S.M. Jamkhandi, Director, MSME Centre of Excellence, IISc, Bengaluru and  Anandmurthy, Deputy Director, MSME Centre of Excellence, IISc, Bengaluru.

Jamkhandi, giving a presentation on how to migrate from ‘A Concept to a Prototype,’ said, “Innovation is impossible without passion and innovators need to look at the world from a different angle.”

He emphasised on the point that one need not be an engineer to innovate; and innovation emerges from peoples’ desirability and business viability.

Anandmurthy briefed about the list of MSME schemes and the vendor development programmes. He also gave an insight into the credit guarantee fund for micro and small enterprises. The intention behind this workshop was to create awareness among entrepreneurs as a lot of funds allocated by the Government for MSMEs are unutilised.

Several business professionals and engineering students participated in the workshop.

MSME forms the backbone of the Indian economy, as it is instrumental in the growth of the nation, leveraging exports, creating huge employment opportunities for the unskilled, fresh graduates, and the underemployed.  The Ministry of MSME in association with the State government caters to several programmes such as adequate flow of credit from financial institutions or banks, support for technology upgradation and modernisation, integrated infrastructural facilities, entrepreneurship development and skill upgradation and assistance for better access to domestic and export markets.

RMB Mysuru chapter is a group of 40 Rotarians consisting of professionals from different verticals belonging to different Rotary Clubs of Mysuru. Kiran Kumar, Chairman, RMB, Ganesh Choudhary, Secretary, Hemanth Bansal, Treasurer, and Lakshmi, Convenor, were present.