Plastic cutleries are a significant source of land pollution. As per a report published in Economic Times in 2018, global plastic cutlery results in 22,000 tons of waste that goes directly into landfills every month. These plastics take almost 500-1000 years to decompose totally. One of the solutions to overcome this problem is not to use plastic cutleries, and instead, use biodegradable cutleries. Several Micro, Small, and Medium Enterprises (MSMEs), are engaged in manufacturing such biodegradable cutleries. They develop cutleries such as plates with dried leaves of Sal, Dhak, Bauhinia, and Banyan. Spoons, Forks, and…
Author: Small Enterprise India
SCALING UP SUSTAINABLE BUSINESSES: CHALLENGES AND OPPORTUNITIES FOR MSMEs
Examine the barriers and success factors in scaling up sustainable MSMEs in India, showcasing case studies and best practices for growth and impact. “In the world of business, big things often have small beginnings. MSMEs are the seeds that grow into mighty enterprises.” In recent years, MSMEs have witnessed drastic growth in the economic setup of India. They have allowed aspiring entrepreneurs to shape their ideas into reality. Notably, it takes work in a developing country like India to get investments and arrange adequate resources for establishing big corporations. In…
CHALLENGES FACED BY MSMEs IN PRODUCING AND DISTRIBUTING ORGANIC AGRICULTURE PRODUCTS
Small businesses play a crucial role in supporting the organic agriculture industry. Today, more people want to consume organic food products as these are considered healthy options since they are free from chemicals; plus, these are also considered to be environmentally friendly. The demand for these products is increasing. Therefore, there is a need to support organic agriculture. If organic farming is to grow and be undertaken in a sustainable manner, then there is a need for support from business teams in producing, packaging, and distributing organic agricultural produce. Several small-scale enterprises have…
INDIA-JAPAN DEEPTECH INNOVATION & CLEAN ENERGY SEMINAR
JETRO (Japan External Trade Organization) and NEDO (New Energy and Industrial Technology Development Organization) Japan organized a seminar on India-Japan Deeptech Innovation & Clean Energy on 20th July 2023 at ITC Maurya, Diplomatic Enclave, New Delhi. The seminar was co-hosted by FICCI and TERI. The objective of the seminar was to foster partnership through sharing knowledge, experiences, and expertise between India and Japan in the field of deep-tech innovation and clean energy. The Seminar was curated to cover a wide range of topics related to the subject such as digital…
ENKASH IS UNLOCKING 100% ACCURACY IN ACCOUNTING AND AUDITING PROCESSES FOR BUSINESSES THROUGH ITS NEW PLATFORM OLYMPUS
EnKash, Asia’s 1st and smartest spend Management platform has launched “Olympus,” an industry-first solution that automates business payables and receivables. Mid-size and especially traditional businesses lack experience and accessibility of digital payments considering the high costs and efforts involved. While larger companies get desired technology solutions from banks and their software providers, startups and small to midsize businesses have struggled for a long time. EnKash’s platform, Olympus, is focused on startups & small to midsize businesses and comes with “plug & play” integration capability in completely DIY mode. It seamlessly…
BLOOMING SUSTAINABILITY: SMALL BUSINESSES HARNESSING THE POWER OF FLORAL WASTE FOR A GREENER INDIA
Flowers have long held a special place in human culture, representing celebration, beauty, and love. Global floriculture production is growing at 10% per year. India, a land with diverse traditions and festivities, has long held floriculture as a cherished part of its cultural fabric. The floriculture market in India is growing at a CAGR of 20.1%. Yet, as flower offerings continue to grace temples and religious ceremonies, a vital question emerges: What becomes of these flowers once their purpose is fulfilled? The widespread disposal of floral waste poses significant environmental…
FROM SURVIVING TO THRIVING: STRATEGIES FOR MSME GROWTH IN A POST-PANDEMIC WORLD
The COVID-19 pandemic has brought about unprecedented challenges for all sorts of businesses throughout the world. However, Micro, small, and medium enterprises (MSMEs) were the worst hit during the pandemic. Globally, MSMEs experienced a 35% average revenue decline during the height of the pandemic, resulting in business closures and job losses. However, these enterprises maintained their resilience and managed to survive the pandemic. These businesses, which frequently have limited resources and financial capabilities, have encountered supply chain disruptions, decreased consumer spending, and closures during the pandemic. It accounts for 48%…
Sustainable Development in the Post-COVID Era: Fostering Resilience and Rebuilding for MSMEs
In a world where small businesses lay the very foundation of economies, their significance cannot be overstated. They are the engines that drive economic growth, ignite innovation, and create countless employment opportunities. It is with great enthusiasm that the global community comes together every year on the 27th of June to celebrate International Micro, Small, and Medium-sized Enterprises (MSME) Day. This particular day is a powerful reminder of the pivotal role that MSMEs play in shaping our societies and propelling us toward a prosperous future. Register & Join us on the…
FROM WALL STREET TO FINTECH FRONTIER: THE INSPIRING JOURNEY OF ZAGGLE’S CEO AND THE SECRETS BEHIND THE FINTECH REVOLUTION
In a world where the conventional is being questioned, and the status quo is being disrupted, Zaggle’s CEO emerges as a disruptive force breaking financial standards. He has redefined the bounds of what was once possible with a bold vision and an uncompromising commitment to innovation. This is the extraordinary story of Zaggle’s CEO breaking free from the chains of traditional banking to go on a thrilling path to fintech success. Join us as we unravel the extraordinary tale of a disruptor who dared to question the norms and discover…
CONVERGENCE PARTNERS’ INVESTMENTS REBRAND TO SOLCON CAPITAL
NEW DELHI, UAE – 13th June 2023 – Convergence Partners Investments, the deep tech investor started by Andile Ngcaba in 2003 announced it has rebranded to Solcon Capital. The move comes as the Company launches a big push to empower global deep tech growth through platform economics. Convergence Partners Investments (now Solcon Capital) was the first vehicle structured as a permanent capital vehicle in the Convergence Partners stable. Andile Ngcaba remains firmly invested in and continues to drive the growth at Convergence Partners, which will continue to focus on private…