Cisco, a supplier of networking equipment and network management for the Internet, has tied up with Small Industries Development Bank of India (Sidbi) and Tiruchirapallai Regional Engineering College – Science and Technology Entrepreneurs Park (TNREC-STEP) to launch a pilot programme in Tamil Nadu.
The pilot programme, which will be for two years, is aimed at promoting information and communications technology (ICT) entrepreneurship. Under this, Sidbi will provide loans to entrepreneurs, while Cisco will subsidise the interest repayment, which is estimated to be around 12 per cent, and guarantee fees on the loans. The institute will provide training and mentoring to participants.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹810
1 Year
₹67/Month
Super Saver
₹1,170
2 Years
₹48/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories
Over 30 subscriber-only stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app