The State Government in its budget speech for the financial year 2016-17 has announced the setting up of a new Department for Skill Development, Entrepreneurship, and livelihood. Accordingly a new Department viz Skill Development Entrepreneurship and livelihood was created to bring Skill Development Programs of various departments of the Government of Karnataka under one Department. This Department will be under the direct control of the Chief Minister of Karnataka.1 The present paper is based on the problems being faced by an entrepreneur in Hyderabad Karnataka region; the study may help the organization to frame the new policies as well as the entrepreneurs as they were facing some of the problems before /after getting the assistance from the different financial institutions.