The National Skill Development Corporation provides skill development funding either as loans or equity, and supports financial incentives to select private sector initiatives to improve financial viability through tax breaks etc. NSDC’s financing initiatives provide funding through:

• Loan
• Equity
• Grants

The NSDC will adopt a phased and detailed due diligence process to select proposals for funding to provide funds for vocational training.

Detailed evaluation will be done across six sets of criteria:

• Employer view of demand for the specific skills
• Alignment with the NSDC’s mission
• Robustness of overall plan and operating model
• Ability to leverage partnerships
• Ability to leverage financial requirements
• Ability to leverage management capability