I'm a chemical engineer by education. I want to shift back to my home state of West Bengal and start an MSME there preferably working on green technologies and problems for instance bio-diesel production. The issue is chemical industries typically require a lot of initial capital, research and red tape maneuverability. If I intend to go this path how will I raise capital? Will it be right to go down this path at all?

Ans: You need to do some research on specific areas that you want to work, zero in on a few and finally choose one. There are academic and research institutions working on these issues across India plus there are government bodies too which have done a fair amount of work. Locate those which match your area of interest and work with professors/ researchers who want to commercialise their research. Another way is to work with start-ups or companies in green technologies and understand the techno-commercial dynamics of this area. This will help you learn while getting paid. It might also help you locate partners, possible co-founders and other key constituents of the ecosystem. There are incubators in universities and outside willing to support passionate and experienced/knowledgeable entrepreneurs. Re funding, there are startup grants and equity/loan options available. I think that step comes later. Hope this helps