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Vision:
An economically progressive, socially connected, environmentally sustainable and spiritually rooted world composed of interconnected yet diverse local socio-economic systems.

Mission:
To assist institutions undertake effective and inclusive cluster based local area development in developing and transition economies.

Objectives
The Foundation for MSME Clusters seeks to achieve the following objectives:

  • Cluster initiatives become inclusive.

  • Cutting edge methodologies, tools, information and resources with respect to a cluster development program are accessible.

  • Effective linkages emerge between clusters and important thematic institutions in the area of finance, infrastructure, environment, investment, RD, social responsibility and local governance.

  • Trained and competent professionals and institutions are available to facilitate cluster-based development.

  • Models of strong community based civil society organisations emerge to take up cluster based sustainable development initiatives.

  • Home » Foundation For MSME Clusters (FMC)

    Foundation For MSME Clusters (FMC)

    Genesis:
    Clusters of Micro, Small and Medium enterprises are found in abundance across the globe and since the early nineties cluster based development of MSMEs has been adopted in more than fifty countries.

    The Foundation for MSME clusters was conceptualised to contribute towards this process and thus enhance the competitiveness of MSMEs, generate sustainable employment and alleviate poverty. At the suggestion of the then Ministry of small scale industries, Government of India, the United Nations Industrial Development Organisation conceptualised and initiated the process of creating the organisation. Subsequently, the Foundation was legally constituted as a non-government, non-profit registered trust under the auspices of the Entrepreneurship Development Institute of India, Ahmedabad, in the year 2005.


    GOVERNANCE

    Board of Trustees
    The Foundation for MSME Clusters is steered by a Board of Trustees at the apex level, chaired by Professor Y.K. Alagh, former Vice-Chancellor of the Jawaharlal Nehru University, former Union Minister of State of Science and Technology and currently the Vice-Chairman of Sardar Patel Institute of Economic and Social Research as well as Chairman of Institute of Rural Management, Anand (IRMA). The Board comprises of other eminent persons and institutional representatives including Dr. Dinesh Awasthi, Director, Entrepreneurship Development Institute of India (EDI), Shri Anupam Das Gupta, Member of National Consumer Disputes Redressal Commission, Shri Brij Mohan, Former Executive Director of The Small Industries Development Bank of India (SIDBI) Mr. Nitin Desai, Professor ICRIER, Former Under Secretary General, United Nations. The main role of the Board is to lay down the primary aims and objectives of the Foundation and ensure its overall governance in conformity with the Vision of the Foundation.

    Governing Council
    The Board of Trustees of the Foundation for MSME Clusters is supported by representatives of national and international institutions as well as eminent personalities. The Council provides strategic direction and support to the Foundation and ensures that its activities are in tune with the objectives set forth by the Board. The management of the activities of the Foundation rests with the Directorate that comprises of experienced professionals and support staff under the guidance of an Executive Director. The Directorate manages all operational activities of the Foundation under the control, direction and supervision of the Board of Trustees.

    For further information on the Foundation for MSME clusters please visit http://www.msmefoundation.org/
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