The answer is certainly yes, the financial funding provided by NABARD will be utilized by Mannapuram to offer business loans to MSMEs. In the same vein, the portal developed by Blueline also deals with the same trade. They are providing an opportunity to MSME’s; this portal will connect brilliant business ideas to some parties that are interested in financial funding (Rogers, 2019).
Statement of Purpose(SOP) and Projected Profit Sheet can act as a passport for MSME's in this new world where investors are finally seeking to enrich their investment portfolio with some vibrant and upcoming names. The sources in the industry acknowledge this new change in the outlook of the investors. According to them this new shift towards the MSMEs is an outcome of the fact that finally, countries like India and others are acknowledging the power of the knowledge economy.
While the world tends to evolve in a continuous manner, the only constant changes. Equity investment seems to be a game-changer for potential investors. India is only second behind China amongst the emergence of startups. With such favorable dynamics, securing funding would not pose as a challenge for problem-solving entrepreneurs. We at Resurgent India, are contributing our part to radicalize this pleasant move. Do drop in your proposals and SOPs, we would help in the projections and try roping in investors.
Let us all act on our part towards creating a common goal of enhancing the business scenario in the country.