About Cisco Cisco (NASDAQ:CSCO) is the worldwide leader in networking that transforms how people connect, communicate and collaborate. Information about Cisco can be found at http://www.cisco.com. For ongoing news, please go to http://newsroom.cisco.com. Cisco equipment in India is supplied by Cisco Systems International BV, a wholly owned subsidiary of Cisco Systems, Inc. |
About SIDBI Small Industries Development Bank of India (SIDBI), set up in 1990 under an Act of Indian Parliament, is Principal Financial Institution for the Promotion, Financing and Development of the MSME sector and Co-ordination of the functions of the institutions engaged in similar activities. SIDBI provides refinance support to eligible Primary Lending Institutions like banks, SFCs, etc. for onward lending to MSMEs. Direct assistance to MSMEs is channelised through SIDBI's 75 branch offices. SIDBI also extends financial assistance in the form of loans, grants, equity and quasi equity to NGOs / Micro Finance Institutions (MFIs) for on-lending to micro enterprises and economically weaker sections of society, enabling them to take up income generating activities on a sustainable basis. In order to help MSEs in accessing institutional credit, both term loan and working capital, without facing the difficulty of arranging collateral security and / or third-party guarantee, Government of India and SIDBI has set up the Credit Guarantee Fund Trust for Micro and Small Industries (CGTMSE). SIDBI, along with Dun & Bradstreet Information Services and 11 banks, has set up SME Rating Agency of India Ltd (SMERA) for providing an independent, third-party credit rating support to MSMEs. SIDBI has recently been mandated by Government of India with a risk capital fund of Rs. 2000 crore for providing risk capital assistance to MSMEs. SIDBI's bonds and FDs are rated 'AAA' by CARE. |
About TREC-STEP Tiruchirappalli Regional Engineering College - Science and Technology Entrepreneurs Park (TREC - STEP) is the first science and technology Entrepreneurs Park in the country. It engages in promoting a new genre of entrepreneurs and many new initiatives for ushering in technology based growth. It focuses on promotion of knowledge based industries, development and transfer of technologies, training in technology and business skills and new developmental project initiatives. |