Also, they provide sponsoring of units, moreover in the backward areas. Development Commissioner is the head of the SIDO. Out of their total finance, one-third is provided in the form of underwriting or direct subscriptions. It is an apex body and nodal agency for formulating, coordinating and monitoring the policies and programmes for promotion and development of small-scale industries. In the simplest terms, business development can be summarized as the ideas, initiatives and activities aimed towards making a business better. The Development Office and its staff functions with-and-through a volunteer cadre, and: • Participates in the strategic planning process to address the feasibility of attaining specific long-range and short-term funding goals. Along with finance, they also provide a variety of functions like arranging power, lands, roads, licenses, etc. • Is responsible for working with Leadership and Administration
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