Read or download the official PDF of this gazette notification issued by the Ministry of Micro, Small and Medium Enterprises on 22nd August 2026. Classified under Press Release.
Executive Summary
On August 21, 2026, the Ministry of Micro, Small and Medium Enterprises (MSME) organized an Entrepreneurship Awareness Programme at IIT Goa to commemorate World Entrepreneurship Day. The event aimed to encourage students to pursue entrepreneurship and raise awareness regarding government support schemes, innovation, and market expansion. Key discussions focused on digital commerce, funding, and intellectual property rights to help transition local start-ups into international markets.
Key Points / Main Content
Event Objectives and Collaboration
Organized by the MSME Development & Facilitation Office (DFO), Goa, in collaboration with IIT Goa’s Institute Innovation and Incubation Cell (IIIC) and Entrepreneurship Cell.
Focused on promoting entrepreneurship as a promising career path for students and providing a platform for interaction between policymakers, bankers, and industry experts.
Strategic Growth and Digitalization
Emphasis was placed on the role of digital commerce in allowing MSMEs to transcend geographical boundaries and access global markets.
Highlighted the necessity of stronger collaboration between Central and State governments to create a competitive ecosystem for innovation.
Stressed the importance of academia-industry partnerships to assist MSMEs in developing new technologies and products.
Technical Sessions and Regulatory Support
Keynote sessions covered Intellectual Property Rights (IPR), providing guidance on how start-up founders can safeguard their innovations.
The programme detailed the Entrepreneurship Awareness Programme (EAP), a component of the Ministry’s Entrepreneurship and Skill Development Programme (ESDP).
Experts provided practical insights into start-up funding, business opportunities, packaging, and e-commerce.
Impact Analysis
Students and Aspiring EntrepreneursImpact
They received technical knowledge regarding the MSME ecosystem, intellectual property protection, and emerging opportunities in digital commerce.
Action Required
Identify and apply for relevant government schemes (like ESDP) and utilize campus incubation cells to develop and safeguard their business ideas.
MSMEsImpact
The focus on digital commerce and international platforms provides a roadmap for local businesses to scale nationally and globally.
Action Required
Adopt modern business practices such as e-commerce and improved packaging to enhance market access and competitiveness.
Government and Financial InstitutionsImpact
These stakeholders served as primary guides, sharing practical information on funding and policy frameworks to bridge the gap between regulation and implementation.
Action Required
Maintain active collaboration with academic institutions and continue providing streamlined access to start-up funding and entrepreneurship development resources.
Key Entities Referenced
Ministry of Micro, Small and Medium Enterprises (MSME): The central government body responsible for formulating and administering rules, regulations, and laws relating to small-scale industries in India.
Entrepreneurship and Skill Development Programme (ESDP): A policy initiative by the Ministry of MSME designed to nurture the talent of youth by enlightening them on various aspects of industrial activity.
Entrepreneurship Awareness Programme (EAP): A key component of the ESDP aimed at educating aspiring entrepreneurs about market access, e-commerce, and government support schemes.
Indian Institute of Technology (IIT) Goa: The central location and primary academic partner for the initiative, facilitating industry-academia collaboration for entrepreneurship.
MSME Development & Facilitation Office (DFO), Goa: The specific field office under the Ministry of MSME that organized the program to guide students on building start-ups and accessing global markets.
Ministry of Micro,Small & Medium Enterprises
MSME Ministry Organises Entrepreneurship
Awareness Programme at IIT Goa on World
Entrepreneurship Day
Experts, Bankers, Academicians and Successful
Entrepreneurs Guide Students on Building Start-ups and
MSMEs
प्रव तथ: 22 AUG 2026 4:40PM by PIB Mumbai
Goa, August 22, 2026:
To mark World Entrepreneurship Day, the Ministry of Micro, Small and Medium
Enterprises (MSME), Government of India, through the MSME Development &
Facilitation Office (DFO), Goa, organised an Entrepreneurship Awareness
Programme at the Indian Institute of Technology (IIT) Goa on 21 August.
The programme aimed to encourage students to consider entrepreneurship as a
promising career option and to create awareness about various government
schemes available for aspiring entrepreneurs.
The event was organised in collaboration with the Institute Innovation and
Incubation Cell (IIIC) and the Entrepreneurship Cell of IIT Goa. It brought together
students, entrepreneurs, MSME stakeholders, policymakers, representatives from
financial institutions and industry experts for discussions on entrepreneurship,
innovation and business development.
Addressing the gathering, Shri M.K. Meena, Director, MSME DFO Goa, highlighted
the growing role of digital commerce in helping MSMEs expand beyond geographical
boundaries and access national and global markets. He stressed the need for
stronger collaboration between the Centre and State governments to create an
ecosystem that supports innovation, growth and competitiveness among MSMEs.
Prof. Sashidhar Sampathiao, Faculty-in-Charge of the Institute Incubation and
Innovation Council at IIT Goa, underlined the importance of innovation and
academia-industry collaboration in nurturing entrepreneurship and helping MSMEs
develop new products and technologies.The welcome address was delivered by Shri Rohit Kumar Debnath, Assistant
Director, MSME DFO Goa, who emphasised the importance of creating opportunities
for MSMEs and young entrepreneurs to move from local markets to wider national
and international platforms.
The technical sessions focused on the MSME ecosystem, government support
schemes and opportunities available for first-time entrepreneurs.
Shri Amartya Narayan Chowdhury, Assistant Director Grade-I, delivered a keynote
session on Intellectual Property Rights (IPR), explaining how innovators and start-
up founders can safeguard their ideas and innovations.
Experts from the Directorate of Industries, Government of Goa, Central Bank of
India and other industry domains shared practical guidance on start-up funding,
business opportunities and entrepreneurship development.
The programme also highlighted the Entrepreneurship Awareness Programme (EAP),
a key component of the Ministry of MSME’s Entrepreneurship and Skill Development
Programme (ESDP), which seeks to educate aspiring entrepreneurs on market
access, e-commerce, packaging and other aspects of business growth.
Students and aspiring entrepreneurs actively participated in the sessions, gaining
valuable insights into emerging opportunities in entrepreneurship, innovation and
digital commerce.
The programme concluded with a vote of thanks by Shri Predeep, Assistant
Registrar, IIT Goa.
The initiative reflects the Ministry of MSME’s continued commitment to promoting
entrepreneurship and creating awareness about government schemes that support
the growth of aspiring entrepreneurs and MSMEs across the country.
faculty members, Prof. Shitala Prasad, Prof. Bidan Pramanick, Prof. Keval Ramani
and Dr. J.S. Prabhudesai, were also present during the programme.***
Ambadas Yadav/Parshuram Kor
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