one has always the potential to switch on their fields and being an entrepreneur has its own pleasure.

1. Centre for FoodTechnology
Jiwaji University, Gwalior
Presentation Topic: Entrepreneurship in Food
Industry

2. Defining Entrepreneurship:
 Entrepreneurship has traditionally been defined the process
of designing, launching and running a new business, which
typically begins as a small business, such as a startup
company, offering a product, process or service for sale.

3. Who is an Entrepreneur??
 An entrepreneur has been
defined as "a person who
organizes and manages any
enterprise, especially a
business, usually with
considerable initiative
and risk.
 According to Adam Smith,
Entrepreneur is an
individual who undertakes
the formation of a
commercial organization for
commercial purposes by
recognizing the potential
demand for goods and
services , and thereby act as
an economic agent.

4. Entrepreneurial Process:

5. You are an entrepreneur if you
posses these…!

6. Major functions of an
entrepreneur:

7. How market views an entrepreneur?

8. Pleasures of being an Entrepreneur:
 Opportunity to CREATE YOUR OWN DESTINY.
 Opportunity to MAKE A DIIFERENCE.
 Opportunity to reach your FULL POTENTIAL.
 Opportunity to reap IMPRESSIVE PROFITS.
 Opportunity of being RECOGNISED.
 Opportunity to do WHAT YOU ENJOY.

9. The other side of the coin:

10. Entrepreneurship can:
 Significantly contribute to national income,
employment, and export earnings.
 Value of output over Rs. 5,70,000 Crores.
 Employment of over 17.5 million which is
twice the private sector and almost as much
as all public sector employment.
 Exports of over Rs. 54,000 crores (> 35 per
cent of all exports) (2000-01 figures).

11. Some young
seedlings flourishing
the in the
Industry…..

12. Ashmeet Kapoor:
 27 year old, resident of Delhi.
 It was difficult for him to find genuine
‘organic’ fruits and vegetables.
 Started his own venture for an
ONLINE ORGANIC FRUITS AND
VEGETABL STORE.
 The company employs 20 people and is
clocking a revenue of Rs. 10 lakh per
month.

13. Meghna Jaswal &
Mira Jhala:
 Close friends and roommates in IHM,
Aurangabad.
 Left jobs at top hotels in US to set up
their catering business.
 In less than 3 years, they have become the
in-house catering partners for many large
coporates in Gurugram.
 The kitchen serves around 3,000 meals a
day and has managed to reach an annual
turnover of Rs. 3 Crore.

14. Government Aids:
 According to the Prime Minister Employment
Generation Programme (PMEGP), Any individual,
above 18 years of age. At least VIII standard pass
for projects costing above Rs.10 lakh in the
manufacturing sector and above Rs. 5 lakh in the
business / service sector. Only new projects are
considered for sanction under PMEGP. Self Help
Groups (including those belonging to BPL provided
that they have not availed benefits under any
other Scheme), Institutions registered under
Societies Registration Act,1860; Production Co-
operative Societies, and Charitable Trusts are also
eligible.

15. Other Schemes:
1) Credit Guarantee Fund Scheme for Micro and Small
Enterprises:
The scheme provides credit facilities in the form of
term loans and working capital facility of up to Rs.
100 lakh per borrowing unit.
2) Credit Link Capital Subsidy Scheme for Technology
Upgradation:
It aims at facilitating technology upgradation by
providing upfront capital subsidy of 15% (limited to
maximum Rs.15 lakhs) to SSI units for credit availed
by them for the modernization of their plant and
machinery. All sole proprietorship, partnership
firms, cooperative, private and public limited
companies are eligible for this scheme. Since the
inception of this scheme, more than 28,287 units
have availed subsidy of Rs.1619.32 crore

16. 3)Market Development Assistance Scheme for
MSMEs:
To help Indian manufacturing SMEs gain
traction in the international markets, the
Market Development Assistance Scheme for
MSMEs offers funding for participation in
international trade fairs and exhibitions under
MSME India stall.
This scheme offers reimbursement of 75%
of one-time registration fee and 75% of
annual fees (recurring) paid to GSI by SMEs
for the first three years for bar code.

17. Conclusion:
 From the above slides it can be concluded
that We all have that potential within us
that can take us a step more close
towards our goal.
 Moreover, the govt. is launching many
schemes to aid the young ideas turning to
realities.

18. References:
 msme.gov.in
 http://economictimes.indiatimes.com/
 https://bizztor.com/