NSDC Skill Development Funding Vocational Training
NSDC Skill Development Funding Vocational Training
NSDC Skill Development Funding Vocational Training
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Funding
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The NSDC provides skill development funding either as loans or equity, and supports
financial incentives to select private sector initiatives to improve financial viability through
tax breaks etc. NSDC’s financing initiatives provide funding through:
Loan
Equity
Grants
The NSDC will adopt a phased and detailed due diligence process to select proposals for
funding to provide funds for vocational training.
Detailed evaluation will be done across six sets of criteria: RFPs
Employer view of demand for the specific skills to
Alignment with the NSDC's mission develop
Robustness of overall plan and operating model
National
Ability to leverage partnerships
Occupation
Ability to leverage financial requirements
Ability to leverage management capability Standards
for
The NSDC will consider supporting a pilot and then scale up for proposals from Sector
organizations with no prior experience in this area. On the financials, the NSDC will be more Skill
flexible upfront in terms of percentage of total project funded by it, channels of funding, i.e. Councils
grant or loan/equity and cost per student, and ensure agreements are structured to ensure |
these parameters become stringent over time. Further, the NSDC will fund various stages of View
the project clearly linked to attainment of mutually agreed outcomes/milestones. To know
more about funding and submitting proposals, read our Funding FAQs here.
Vocation
Detailed Funding Guidelines training
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FAQs
What is the role of the NSDC?
Why is there a need for an
organisation like the NSDC?
How does the NSDC function?
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Our Affiliates
Training Partners
Sector Skill Councils
Find a Training Center.
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Be a Training Partner
NSDC invites proposals for funding in
several sectors. Here is a list of
documents and guidelines to be followed
to be registered as an NSDC affiliated
training partner.
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