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Articles, guides, tips and updates to accelerate business growth in 2023 and beyond

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An RFP, or Request for Proposal, is a structured tendering process where MSMEs must submit both technical and financial bids. Many vendors face rejections due to expired DSCs, missing certificates, or wrong formats rather than price alone. By understanding platform-specific requirements on GEM, CPPP, and state portals, MSMEs can avoid errors and boost their chances of winning contracts. The key lies in preparation, document accuracy, and clear bid strategy.

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Procurement is an essential process for maintaining efficiency in business operations and in staying competitive. The right procurement strategy can enable business to optimise resources, minimise wastage, reduce costs, and bring overall efficiency. But what is procurement? How is procurement done? Read on to learn the meaning of procurement, how it’s different from sourcing, procurement processes in manufacturing, and an example of steel procurement.

Last updated on: Feb 21, 2025

An overview of TReDS platform and how MSMEs and other businesses can benefit from it. Learn how TReDS function, eligibility for TReDS portal registration, and the different TReDS platforms in India. Also, the role of TReDS in making it easer for MSMEs to access finance quickly through bill and invoice discounting, and bringing efficiency in the supply chain ecosystem through supply chain financing.

May 20, 2024

Udyogini scheme is one that has been designed exclusively to empower women by encouraging entrepreneurship across 88 small scale industries. Application to the Udyogini Yojana loan is transparent and simple and can be done via online and offline channels. Learn more about the scheme’s eligibility, documents required, interest rates, application process and more.

Last updated on: Nov 5, 2024
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