Micro-Enterprise Development

A key pillar of the Smart Power for Rural Development program is village-level micro-enterprise development.

The program facilitates and supports the setting up of new enterprises or expanding existing enterprises that can foster rural economic development, using electricity generated by the Smart Power mini-grid plant.

SPI offers technical assistance and support for various tasks, including:

  • Identifying potential entrepreneurs or enterprises;
  • Supporting setting up of facilities;
  • Organizing training and capability development;
  • Assisting with financing support; and
  • Engaging with institutional partners.
Development Approach

Socio-economic development at the SPRD sites is supported in two ways:
Inorganic Approach

Introducing micro or small enterprises or integrated value chain livelihood development programs within a community (cluster/village)

The objective is to identify replicable models that can be scaled up in larger number of SPRD sites.

Suitable partners are identified to implement these proven/successful interventions at a few SPRD sites.
Organic Approach

Facilitating rural entrepreneurs (individual or groups) to start or expand enterprises

The objective is to develop processes or systems for how SPRD could provide institutional support for locally driven enterprise development.

A detailed analysis of local needs and opportunities to run successful enterprises is carried out. Village level entrepreneurs are supported through various mechanisms, including capacity building and financing.
SPI looks to partner with livelihood implementation organizations and other enterprises who can facilitate initiation, scale-up and hand-holding of inorganic/organic enterprises till they achieve self-sustenance.

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