National Skill Development Corporation

A : D-4, Clarion Collection (Qutab Hotel) Shaheed Jeet Singh Marg, New Delhi 110 016

Sub : Proposal Submission, Guidelines and Template

The National Skills Development Corporation (NSDC) has been set up under the PMs National Council on Skill Development with the primary mandate of enhancing, supporting and coordinating private sector initiatives for skill development. To fulfill its objectives, NSDC is looking for proposals to create training institutes that are innovative in operating model and can have a multiplier effect for skill development. May we request you to carefully study the Proposal template (enclosed) to understand NSDCs evaluating guidelines. The proposals, among other parameters, will be evaluated through the following guidelines: 1. Sustainability of Business models in the medium- long term. 2. Partnerships with prospective employers, state governments and financial institutions 3. Proposals that target skill sets or student populations with huge unmet needs and focus on large scale, high quality training institutes. You may submit your proposal to the following address.

Yours sincerely,

Dilip Chenoy Chief Executive Officer & Managing Director, National Skills Development Corporation Tel : (011) 4656 0412-416 Email : [email protected]

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Guidelines for submitting proposals to National Skill Development Corporation (NSDC)

Objective of NSDC Contribute significantly to the overall skill development target of the country (500 mn skilled people by 2022) through market making initiatives that act like a catalyst in increasing private sector involvement in equitable skills development. To fulfill its objective, NSDC is looking for proposals that are innovative and can have a multiplier effect / ripple effect in the skill development space, and are targeted at the sectors / segments with huge unmet needs (e.g. unorganized sector, training of trainers). The proposal should preferably be focused on using the funds from NSDC for bridging any operational viability gaps rather than for building infrastructure. NSDC will prefer proposals that ensure sustainability in the long run and include partnerships with employers, state governments, and financial institutions for providing loans for the course fees and selfemployment opportunities to the trainees. Criteria for consideration of proposals

Proposal should preferably be in the following priority sectors identified by the Planning Commission Industry

Services

ITs or software services ITES BPO sevices Tourism hospitality and travel trade Transportation/logistics/warehousing and packaging Organized retail Real estate services Media, entertainment, broadcasting, content creation, animation Healthcare services Banking/insurance and finance Education/skill development services Proposal should preferably identify and target the most important gap in skill development in a sector / region Proposal should target to cover a significant portion of the priority target segment (unorganized sector, trainer) Proposal should not expect NSDC to fund 100% of the total project cost Proposal should preferably not expect NSDC to fund the entire amount as a grant The company submitting the proposal should preferably have prior experience of working in the field of skill development and with the segment its trying to target

Automobile / auto component Electronics hardware Textiles and garments Leather and leather goods Chemicals and pharmaceuticals Gem and jewellery Building and construction Food processing Handlooms and handicrafts Building hardware and home furnishings

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Please fill in the details I Nature of likely impact

Since impact is the key metric to focus on in the skill development area, please provide a brief outline of the outcome of the benefits of the proposed program along the following dimensions

Number of people trained in the next 10 years Likely increment in the package after training (% or absolute) In case of self-employment, likely increase in monthly earnings after training (Rs./month) Guaranteed placement percentage (including self-employment)

The information provided here will be used to track the performance of the company and the yearly funding support will be given based on this performance

II Target sectors / skills and segment of population

It will be beneficial to indicate how the proposal is in line with NSDCs mandate of reducing the skill gap in the target sectors

Sectors / skills targeted (kindly indicate the most important sectors / skills; word limit of 50
words)

Gap identified and addressed (kindly indicate the specific gap that the proposal is trying to
address in skill development, e.g. self-employment skills to the women, since at-home employment is in high demand given high demand for food processing industries in the region; word limit 50 words)

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Segment targeted in terms of students (kindly indicate the specific population segment that
the plan is trying to address/mix of students e.g. 60% school dropouts in every batch; word limit of 50 words)

III Overall plan/ operating model

Please indicate the details of the overall plan for addressing the gap that the proposal has identified. It will be helpful to indicate how NSDC funding will be used in fulfilling the requirements and in achieving sustainability for the proposed plan.

Overall plan details (kindly articulate the overall plan including phasing of rollout, location, type of training, role of various partners, new or existing infrastructure required; word limit of 100 words)

Mode of quality assurance and curriculum followed (please indicate the accreditations to be
taken, the assessment methodology and the authority providing the certification, e.g. the training institute will be accredited with the NCVT; an external jury comprising of industry will do the assessment and will provide the certification; the curriculum will be developed using the help of industry associations; word limit 50 words)

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Qualification of trainers for these courses (please indicate the education level and experience
of trainers; word limit of 25 words)

Typical duration of the program and plan for upfront training vs. on going follow up (e.g.
the course duration varies from 3 days to 4 weeks and the institute has a clear roadmap for the trainee for on-going follow-up training; word limit of 20 words)

Plans for scale up (it will be helpful to indicate how the plan addresses the issue of scalability; e.g. the plan addresses the issue of scalability by developing 20 satellite centers in different under-developed areas of the state; these satellite centers would be setup in partnership with the State Government to use existing infrastructure like primary schools; word limit of 50 words)

Technology usage and innovativeness (ripple effect or multiplier effect) (please indicate
how the program plans to use technology or innovative models to achieve scale / create a ripple effect in skill development; e.g. video conferencing to provide technical education in various centers of India or setup train of trainers facility to increase availability of trainers; word limit of 50 words)

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IV Partnerships
It will be helpful to indicate the partnerships that the plan envisages for smooth running of the program and how many of them are already in place

Partnerships with employers (kindly indicate the partnerships that will be needed and the
partnerships that are already in place; word limit of 50 words)

Partnership with financial institutions (e.g. partnerships with microfinance companies to ensure access to all segments; word limit of 50 words)

Partnership with other organizations like state governments and NGOs (nature of the
partnership; e.g. MoU with the State govt. to use existing infrastructure of primary schools to reduce costs for capex; word limit of 50 words)

V Financials Please indicate the critical financial parameters of the proposal along with sufficient backups including project set-up cost break-up and P&L statement, balance sheet and cash flow statement for atleast 5 years. It will be helpful to highlight the calculations in the backup to clearly indicate the thought process

Internal rate of return (IRR) from the project -

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Key sources of earnings for the project (please indicate the key revenue streams for the
project; e.g. course fees to be paid by the trainees, placement fee from employers, tie-up with State govt. / donor agencies / NGOs for partial funding of course fees; word limit of 30 words)

Type and amount of funding required from NSDC like equity investment, soft loan, etc.
(it will be helpful to give a brief rationale around why this funding should be provided by NSDC; word limit 50 words)

Amount to be funded by NSDC per person trained per week (please indicate the amount
that NSDC has to provide per person trained per week, e.g. Rs. 200 per person per week is to be provided by NSDC as soft loan to lower the cost of training for the students; word limit of 50 words)

Amount raised from other sources (including own contribution) (it will be helpful to
indicate the breakup and funds raised from other sources like banks / financial institutions, State govt., donor agencies, ; word limit 50 words)

Financial independence (please indicate how the program will become self sustainable after the
first few years of funding support from NSDC; word limit of 50 words)

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VI Capability of the management team

Please indicate the prior experience and the qualification of the management team identified

Prior experience in skill development space (word limit of 50 words)

Educational qualification of the management team (word limit of 50 words)

Details of the company applying for the proposal (It will be helpful to provide a copy of the registration certificate of the company in the back-up; word limit of 30 words)

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