Sikkim Industrial Development and Investment Corporation Ltd. (SIDICO) was established in the year 1977 under the Registration of Companies Act, Sikkim, 1961 as a State Level Principal Financial Institution for promotion, financing and development of industries in tiny, cottage, small and medium sector in the State of Sikkim.
OBJECTIVES & FUNCTION:
SIDICO is performing threefold functions of State Financial Corporation, State Industrial Development Corporation and State Infrastructure Development Corporation.         
The main objectives of the Corporation are:

1. To provide terms loans for setting up Cottage, Tiny, Small and Medium Industries as also for expansion, diversification and modernization of existing units.
2. Also to provide financial assistance for Hotel Industry, Small Nursing Homes.       
3. Participation in share capital for joint sector projects.         
4. Setting up and development of industrial areas and industrial estates.      
5. Help in the outreach programme of the Government like the Chief Minister’s Self Employment Scheme (CMSES), Chief Minister’s Self Reliant Scheme (CMSRS), Comprehensive Educational Loan Scheme (CELS)
6. Achieve rapid industrial and economic development of the State.
7. Special Purpose Vehicle (SPV) for availing Financial Assistance from various institutions on behalf of the Govt. of Sikkim  for infrastructure development in Sikkim.