The Start-up Village Entrepreneurship Programme (SVEP) has aided 4.32 lakh rural enterprises, leading to improved profitability, incomes, and social inclusion for entrepreneurs from disadvantaged backgrounds. Around 86% of these entrepreneurs come from SC, ST, minority, and OBC communities, with states like Assam, Bihar, and Jharkhand seeing significant support. Implemented through State Rural Livelihoods Missions, SVEP offers training, finance, mentoring, and community-led backing to non-farm enterprises.
The program, supported by SHGs, CRP-EPs, bank linkages, and collaborations with initiatives like Pradhan Mantri Mudra Yojana, has broadened its reach, emerging as a potent grassroots model for poverty alleviation and rural economic progress. The government has allocated a total central share of Rs 942.09 crore up to February 2026, marking a substantial increase compared to previous funding.
SVEP, managed by State Rural Livelihoods Missions, operates with an allocation of Rs 6.50 crore per block and an average investment of Rs 27,083 per enterprise. It showcases that rural entrepreneurship, when backed by robust community structures, can drive inclusive economic growth effectively. By empowering women, SC or ST communities, and novice entrepreneurs, the program has translated local ambitions into sustainable businesses, resulting in higher incomes and enhanced household prosperity.
Community Resource Person-Enterprise Promotion (CRP-EP) are chosen collaboratively by SRLMs and Project Implementing Agencies based on skills and local residency, with a focus on women from SHGs. These individuals offer guidance, training, and credit assistance to a maximum of 50 enterprises each.
