Complementing finance, entrepreneurship needs a conducive ecosystem to thrive. What is the support a budding entrepreneur can avail of? First, the central and state governments have created an extensive infrastructure at the central, state and district levels to create an enabling ecosystem for entrepreneurship. The infrastructure ranges from providing technical consulting facilities and advisory services to incubating projects. 24.
Many of these infrastructure initiatives go back a long way when a host of institutions were set up. Some of these were the Small Industries Development Organisation (SIDO) (1954), the Small Industries Services Institutes now known as Micro, Small and Medium Enterprises Development Institutes (MSMEDIs), the District Industrial Centres (DICs), etc.