Nodal Agency
Foundation for MSME Clusters (FMC)
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About us
FMC as Nodal Agency
FMC as Nodal Agency (NA) extends all support required to Technical Agency (TA) for implementation of the scheme as may be required such as obtaining Government Approvals, Environment Clearances etc. for setting up of Clusters. The NA is also involved in Preparation of strategy and implementation plan for sub-sector thematic interventions; Appraisal of (Detailed Project Reports (DPRs) received from TAs establishing the project viability, output, outcomes, impact and sustainability; Apart from this NA also does Program fund management and ensures timely disbursement of funds to the IAs to ensure time-bound completion of projects.
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With the dearth of efficient and experienced Nodal Agencies, Ministry of MSME, Government of India appointed FMC as one of the NA, in August 2019. Subsequently FMC empaneled 7 Technical Agencies, selected 22 Implementing Agencies and prepared DPRs for 26 clusters. In the FY 2019-20, 20 proposals were approved and expected to benefit 13000 artisans in sectors like Aqua Culture, Agriculture, Handicrafts, Handlooms, Honey, Bamboo, Jewelry, Rugs and floor coverings, floriculture.
About FMC
The Foundation for MSME Clusters (FMC) specializes in the promotion of MSMEs through cluster and value chain led development. FMC was promoted as a Registered Trust with the technical support of a then UNIDO Cluster Development Programme, in June 2005. In India, FMC has worked/working with around 200 MSME clusters, done/got done DSRs/ DPRs/ studies/ research in another 250 MSME clusters and worked/working with 250 Business Membership Organizations (BMOs). FMC and its experts have also provided training, handholding and research on cluster development in 16 other countries across the globe.