An Exploratory Study of Government Schemes for Navigating Financial Challenges Faced by Entrepreneurial Ventures in the State of Haryana

Abstract: This article is an exploratory study with the prime objective of assisting Entrepreneurial Ventures in the State of Haryana. The foremost intent of this exploratory article is to create awareness about various schemes effectively worked in Haryana for the development of Entrepreneurial ventures. Entrepreneurship and Innovations are the essential drivers of economic growth and development of any country. So, there is a strong need to encourage entrepreneurship and innovations through entrepreneurship development programs. The Government of Haryana has made sincere efforts over previous few years to create a vibrant Entrepreneurial ecosystem in the state. Entrepreneurial ecosystem is a network of resources, people, investors, institutions and companies that work together to create an environment to encourage youth to adopt Entrepreneurship as a career. This paper highlights some important schemes implemented  by the Government of Haryana  ( like PMMY, HEEP, Padma, SVA NIDHI yojana, HSJUY, HSIIDC, MMVSNDBY, among others) to support for navigating financial challenges faced by entrepreneurial ventures in the State of  Haryana. The appraisal of these initiatives  in Haryana would certainly provide a comprehensive picture of various types of  support to promote the growth of entrepreneurial ventures in the state of Haryana.

Keywords: Entrepreneurship, Innovations, Start-Ups India, Entrepreneurial Ventures