The First generation young entrepreneurs started their small units with a great enthusiasm in seventies. In the course of their business, they were caught by different problems and difficulties such as shortage of funds, Government policy related issues and interpretation of Govt. Rules in negative way and what not. The young entrepreneurs were bluntly hammered at the initial stage of their business.

Having observed that everybody is facing common problems, in addition to the technical, administrative and production problems, some of the entrepreneurs from Chikalthana MIDC area came together and decided to form an Association to tackle the common issues and represent them to the right platform for solutions.

Considering these aspects, nine entrepreneurs decided to establish an association under the name and style 'Industries Association of Young Entrepreneurs' (IAYE), Aurangabad. This was the story in the year 1976.

Further, in view to cover all MSMEs and entrepreneurs from agriculture sector of the Marathwada region, name of the association was changed to Marathwada Association of Small Scale Industries and Agriculture (MASSIA) in the year 2003-04.