The Start-up Village Entrepreneurship Program is asub-scheme of Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM).

About SVEP

  • SVEP is being implemented since 2016 by the Ministry of Rural Development. SVEP’s ideal is to support entrepreneurs in rural areas to set-up enterprises at the village- level innon-agricultural sectors. Its focus is on providing self- employment opportunities in rural areas.
  • It helps rural poor to come out of poverty. They’re encouraged to setup enterprises and support is provided till the enterprise stabilizes. Financial assistance and training in business management are also provided. Therefore, the three main pillars of start-up i.e. finances, incubation and skill ecosystems are addressed by the scheme.
  • Self- help group( SHG) ecosystem of DAY-NRLM and the main beneficiaries of SVEP. SVEP aims to develop a pool of community resource persons – enterprise creation (CRP-EP) who are local & support entrepreneurs setting-up enterprises in rural areas.
  • SVEP also promotes block resource center (BRC) in SVEP blocks, to monitor and manage the community resource persons (CRP) and appraise SVEP loan operation. BRCs support sustainable revenue model to operate efficiently and independently.

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