Assessing Entrepreneurial Sentiment: A Study of SIDBI's Impact in Eastern Uttar Pradesh

DOI

https://www.doi.org/10.59256/ijsreat.20240403007

Published In

Volume 4, Issue 3 (2024)

Published Online

May-June 2024

Pages

56-71

Article Type

Review Article

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This study delves into the assessment of entrepreneurial sentiment towards the Small Industries Development Bank of India (SIDBI) and its impact on Eastern Uttar Pradesh (U.P.). Entrepreneurship plays a pivotal role in economic development, particularly in regions like the Eastern U.P., which are characterized by diverse socio-economic challenges. SIDBI, established as a specialized financial institution for SME promotion, offers a range of financial and non-financial support to entrepreneurs across India. However, the perception of entrepreneurs towards SIDBI's activities in Eastern U.P. remains underexplored. This study employs a mixed-method approach, incorporating quantitative surveys and qualitative interviews, to evaluate entrepreneurs' awareness, utilization, and perception of SIDBI's initiatives. The findings aim to shed light on the effectiveness of SIDBI's interventions, the challenges faced by entrepreneurs, and opportunities for enhancing support mechanisms. Ultimately, this research seeks to inform policymakers, financial institutions, and entrepreneurial support organizations about the ground realities and aspirations of entrepreneurs in the Eastern U.P., thereby facilitating informed decision-making and fostering inclusive growth.