START-UP FUNDS WANTED FOR CASHEW PROCESSING UNIT
ENTREPRENEURSHIP PLATFORM:
Way2World in its endeavor to encourage entrepreneurs has been receiving several requests from enterprising individuals for setting up entrepreneurship. At the same time, we have been receiving quite of number of proposals from investors. Hence, we have made this entrepreneurship platform for talking about proposals and investments. Kindly let us know of your feedback and then the coordination process will be followed.
We received a proposal for investment from one gentleman with rich expertise in various Sectors viz. Agriculture Banking, Development Banking, Rural Development, Social Sectors, Cooperative Banks and Regional Rural Banks, Appraisal, sanction and review of performance of Infrastructure Projects like Roads, Bridges, Joint Forest Management projects, Irrigation Projects etc.
In addition to his vast experience with various developmental programmes of NABARD with Farmers Clubs, Self-Help Groups (SHGs), Federations of various ground level communities and many NGOs.
Educational Background:
Graduate in Commerce and Post-Graduate in Business Administration (M.B.A – HRD).
Project: Cashew Processing Industry:
Financial outlay of Rs.75.00 lakhs (excluding Land and including Plant & Machinery, Building).
Salient points:
- Land available for the project,
- With DIC Registration,
- With NOC from the NAC, Pollution Control Permission etc.
- Discussed with National Horticulture Board (NHB) State Director at Bhubaneswar, for getting subsidy of 40% of project outlay.
Funds required:
Discussed with the Bankers for project financing under Credit Guarantee Trust for Small, Micro Enterprise, where collateral-free loan is given. Need approximately Rs.18.75 lakhs as 25% of Margin Money for the said project.
Contact support@way2world.in for further details.
Note: Way2World will coordinate with the investor and the entrepreneur till introduction, the service is just a friendly initiative to encourage entrepreneurship.