Unit I Introduction; The Entrepreneur Definition and concept-Entrepreneur Vs Professional Managers Nature and Significance of SME's; Institution in Aid of Entrepreneurship Development; Women Entrepreneurs; Problems of Entrepreneurship; Sickness in Small Scale Industries; Reasons and Remedies, problems of SME's Unit II Setting up of a SME: Project: Concept and Classification - Generation of Business Idea - Project Design and Appraisal. Location of an Enterprise- Steps for Starting A Small Enterprise- Selection of Types of Ownership Organization- Statutory compliance of SME's- Registration- Permission from Pollution Board-Labour Office - Income tax Department etc.- Patents, Designs, Trademarks. Unit III Supporting Institutions and Schemes for Promoting SME-Ministry of Micro Small and Medium Enterprises- SME Chamber of India- Assistance and Support Services within India and Foreign SME Sector, NSIC-National Small Industries Corporation - Khadi and Village Industries Corporation-Coir Board Scheme-Office of Development Commission-Small Industry Service Institute - District Industries Centres- PMRY Scheme and its application process, district level & state level industrial associations. Unit IV Financial Institutions providing assistance to SME: SFC-State Finance Corporations - Smali Industries Development Bank of India - Industrial Development Bank of India, ICICI, UTI, SBI, Risk Management in SMEs.