Funding
Funding

Skill Development Funding

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:

  • Loans
  • Equity
  • Grants

Evaluating Proposals

  • 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:
    • Employer view of demand for the specific skills
    • Alignment with the NSDC's mission
    • Robustness of overall plan and operating model
    • Ability to leverage partnerships
    • Ability to leverage financial requirements
    • Ability to leverage management capability
  • The NSDC will consider supporting a pilot and then scale up for proposals from organizations with no prior experience in this area
  • On the financials, the NSDC will be more flexible upfront in terms of percentage of total project funded by it, channels of funding i.e. 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 the project clearly linked to attainment of mutually agreed outcomes/milestones.

To know more about funding and submitting proposals, read our Funding FAQs here.

To know more about our funding guidelines, click on Funding Guidelines here

To know more about our Standard Pre-disbursement conditions, click on Standard Pre-disbursement conditions here

Advocacy

  • Facilitating several support services such as curriculum, faculty and their training
  • Partnering with industry associations to set up standards and accreditation systems.

More...

Funding FAQs

Invitation for Proposals

Ngo For Non-profit Players
Private Players For Private Players
Ngo Financial Template to be submitted with all proposals
Ngo Template for Innovation Proposals

NSDC’s Standard Procurement Manual

Confidentiality Clause

"All proposals submitted to NSDC shall become the property of NSDC, which shall not be liable to be returned to the proposer. NSDC would, however, maintain confidentiality of the information contained within the proposals. NSDC would be entitled to share the proposals and the information contained therein with its advisors, consultants, lawyers etc. and as may otherwise be required to be disclosed under law. Furthermore, NSDC would have the absolute discretion to reject any proposal without assigning any reason whatsoever."