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NSDC

NSDC

National Skill Development Corporation

The National Skill Development Corporation, (NSDC) is a one of its kind, Public Private Partnership in India, under the Ministry of Skill Development & Entrepreneurship

The NSDC provides skill development funding either as loans or equity, and supports financial incentives to select private sector initiatives to improve financial viability through tax breaks etc. NSDC’s financing initiatives provide funding through

. Loan

. Equity

. Grants

The NSDC will adopt a phased and detailed due diligence process to select proposals for funding to provide funds for vocational training.

Eligible Organizations

  • private players.

  • Industry bodies.

  • Training & skill development organisations.

  • Non-governmental organisations (NGOs.)

  • Business associations.

  • Social entrepreneurs.

Other Benefits

  • Preference In NSDC Udaan Scheme.

  • Preference In Manas Scheme.

  • Preference In Step, Ustaad And PMKVY.

  • Direct Upgradation as Class-B PIA under DDU-GKY Scheme of Ministry of Rural Development.

Funding Intro

  • Profit’ Entity - Available up to maximum of 75% of the investment in training , infrastructure & working capital.

  • ‘Not‐for‐profit’ Entity - Available up to maximum of 85% of the investment in training , infrastructure & working capital.

Procedure

  • 1. Submit proposal to NSDC in prescribed template.

  • 2. Due diligence process.

  • 3. Detailed evaluation will be done across six sets of criteria:

  • a) Employer view of demand for the specific skills.

  • b) Alignment with the NSDC's mission.

  • c) Robustness of overall plan and operating model.

  • d) Ability to leverage partnerships

  • e) Ability to leverage financial requirements.

  • f) Ability to leverage management capability.

  • 4. The organization should take up a course curriculum approved by NCVT/ SSC.

  • 5. NCVT/ SSC Affiliation.

  • 6. Presentation & Approval of Project.

  • For more information please fill the Get a Call Back form.

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