PRESENTATION ON ENTREPRENEURSHIP DEVELOPMENT

2. UNIVERSITY OF DHAKA
DEPARTMENT OF SANSKRIT
COURSE NO.212
PRESENTATION ON ENTREPRENEURSHIP DEVELOPMENT

3. PRESENTED TO
Sujon Sarker
Lecturer at Department of Robotics & Machatronics Engineering
PRESENTED BY
GROUP-AIMER
1.Himu Akter (79) 3.Afsana Ete (40)
2.Henry Clara Tripura (60) 4.Mohammed Sakib(92)
DATE OF PERFORMANCE
22.12.2019

4. CONTENTS
Definition of entrepreneurship development,
entrepreneurship and entrepreneur.
Characteristics of Entrepreneurship.
Functions of entrepreneurship.
Stages of entrepreneurial process.
Process of developing entrepreneurship .
Entrepreneurial achievements and skills.
Importance of Entrepreneurship development.
Entrepreneurship development challenges in Bangladesh.
Recent policies to develop entrepreneurs skills .

5. WHAT IS ENTREPRENEURSHIP
DEVELOPMENT ?
 Entrepreneurship development is the process of
improving the skill and knowledge of
entrepreneurs through various training and
classroom programs. The whole point of
entrepreneurship development is to increase
the number of entrepreneurs.

6. WHAT IS ENTREPRENEURSHIP?
According to Frank Knight, "It involves a
specialized group of person who bear risk and
meet the uncertainty”.
Entrepreneurship is the process of designing,
launching and running a new business,
which is often initially a small business. The
people who create these businesses are called
entrepreneurs.

7. ENTREPRENEURSHIP

8. CHARACTERISTICS OF
ENTREPRENEURSHIP

9. WHAT IS ENTREPRENEUR
 The word entrepreneur is derived from
the French word “enterprendre”it means
“to undertake”and literally translated
means “between-taker "or “go-between”.
 Entrepreneur is an individual who takes
risk and starts something new.

11. FUNCTIONS OF
ENTREPRENEURSHIP
INNOVATION
The unexpected success or failure or any unexpected
outside event.
Innovative based on process need.
Changes in industry and market structure.
Demographics changes.
New knowledge.
Risk and uncertainty bearing.

12. FUNCTIONS OF
ENTREPRENEURSHIP
Managing finance.
Managing production.
Acquiring and overseeing assembly of the factory.
Upgrading process and product.
Introducing new production techniques and products.

13. FUNCTIONS OF
ENTREPRENEURSHIP
ORGANIZATION BUILDING
Perception of market opportunities.
Gaining command over scare resources.
Purchasing inputs.
Marketing the products.
Dealing with bureaucrats.
Managing human relations within the firm.
Managing customer and supplier relations.

14. INNOVATION AND ENTREPRENEURSHIP
Schumpeter has firmly expressed his opinion that the function of
entrepreneurship is innovation.
 Innovation of new product
 Innovation of new technology.
 Innovation of new process of production methods.
 Exploration of new markets.
 Searching for the new sources and supply.
 Innovation of industrial reconstruction method.

15. WHY IS MOTIVATION REQUIRED?
 Motivation is an important factor for an entrepreneur because he or
she has to-
 Cope with the competition.
 Face unfavorable environment.
 Create public demand for products or services in the markets in the
right way.

16. Stages of entrepreneurial process
Conducting opportunity analysis.
Developing the plan and setting up the company.
Acquiring financial partners and sources of
funding.
Determining resources required and
implementing the plan.
Scaling and harvesting the venture.

17. PROCESS OF DEVELOPING
ENTREPRENEURSHIP
1.Decide to be
entrepreneur
3.Developme
nt of business
plan
6.the enterprise
5.Set up the
enterprise
4.Mobilize
resources
7.Managing the
growth
2.Identify and
evaluate
business
opportunities

18. ENTREPRENEURIAL ACHIEVEMENT
Entrepreneurs are not always motivated by profit but
regard it as a standard for measuring achievement or
success. An entrepreneur greatly values self-reliance and
strives for distinction through excellence. They are highly
optimistic and they always favor challenges of medium
risk that is neither too easy, nor ruinous.

19. ENTREPRENEURIAL ACHIEVEMENT
There are some factors to contribute to the success of
an entrepreneur .
The factors are:
1)Self confidence 4)Brand
2)Experience 5)Market share.
3)Profit
Some other factors like consumer relation, social
support , government support also contribute as
important factors in entrepreneurial achievement.

20. Entrepreneurial Skills

23. WHY TO START A BUSINESS

24. MIND VS MONEY
 Mind is the route of creative idea, idea leads to innovation.
An idea shows the mission and vision whereas money
shows the way to achieve that mission and vision. Without
mind money may not be properly distributed and utilized.

25. Why entrepreneurship
development is important?
Improves the quality of diving of companies and
individuals.
Develop services such as road, transportation, health,
education and entertainment.
It helps to eliminate disparities between regions
through an implementation of industry in countryside
and areas less developed.
Encourages innovation.
It helps to reduce unemployment problems.

26. Role of entrepreneurship in Economic
growth
 Rate of economic progress of the country depend upon the
rate of innovations which intern depend upon the
distribution of entrepreneurial talent in the population.
 Entrepreneur initiate and sustain the process of economic
development in following ways :
Capital formation
Improvement in per capita income
Generation of employment
Balanced regional development
Improvement in living standards
Economic independence
Backward and forward linkages

27. Entrepreneurship challenges in
Bangladesh
Social stigma
Capital
Legal
Human resources
Finance

28. Women Entrepreneurs

29. Some Bangladeshi
entrepreneurs
1.HOSSAIN M ELIUS(PATHAO)
2.AYMAN SADIQ(10 MIN
SCHOOL)
3.TASLIMA MIJI(CEO OF
TECHNAMIA)
4.SABRINA ISLAM(PRESIDENT OF
WEA)

30. Important policy measures taken for
entrepreneurship development
For the overall development and youth entrepreneurship of
the country, the government of the People’s Republic of
Bangladesh has set the following strategies :
Removing the existing discrimination and increasing the
women’s participation in the decision making process.
Recent policy considerations

31. Recent policy considerations
Formulating and implementing special economic policy for youth
Consider the initiatives of youth while formulating the macro-
economic policies.
Setting up National Action Plan for Youth Entrepreneurship by
the Government.
Comprehensive sustainable industry policy to promote equity
Upgrading technology
Related ministries and agencies are addressing the R&D sector for
a effective implementation of Industrial Policy.
Setting up special window and pre & post investment counseling
for the entrepreneurs.

34. REFERENCES
“ENTREPRENEURSHIP DEVELOPMENT ” -By Vasant Desal
“ENTREPRENEURSHIP DEVELOPMENT ”-By Dr. R.K.Singal
“THE ENTREPRENEUR MIND”-By Kavin D.Johnson
“ENTREPRENEURSHIP DEVELOPMENT ”-Wikipedia

35. THANK YOU FOR YOUR ATTENTION