Dr. S. JOTHILATHA
Associate Professor
Department of Management Science - BBA
Sri Ramakrishna College of Arts and Science
Coimbatore - 641 006
Tamil Nadu, India
22BM503 – Entrepreneurship and Project Management (EPM)
UNIT - II
Entrepreneurship Development Programme (EDP)
1
Sri Ramakrishna College of Arts and Science 2
Entrepreneurship Development Programme (EDP)
Definition:
“Intelligence, motivation, knowledge, and opportunities as the pre-
requisites for entrepreneurial development”-Joseph Stepenek
Objectives of EDPs:
1. To develop and strengthen their entrepreneurial Quality.
2. To select the product.
3. Formulating the project for the product.
4. Support available for starting a small-scale industry.
5. To acquire the necessary managerial skills required to run a small
enterprise.
6. Developing passion for integrity and honesty.
7. Identifying and training potential entrepreneur.
Sri Ramakrishna College of Arts and Science 3
Content Of Entrepreneurship Development Programme (EDP)
1. General introduction to entrepreneurship:
First of all, the participants are exposed to a general knowledge of
entrepreneurship Such as factors affection small - scale industries, the role of
entrepreneurs in economic, development, entrepreneurial behaviour and the
facilities available of establishing SSI.
2. Motivation training:
The training inputs this aim at inducing and increasing the need for a
achievement among the participants. Efforts are made to inject confidence and
positive attitude and behaviour among the participants towards business.
Sri Ramakrishna College of Arts and Science 4
Content Of Entrepreneurship Development Programme (EDP)
3. Management Skills:
Running a business, whether Large or small, requires the management
skills. Knowledge of managerial skills enables an entrepreneur to run his / her
enterprise smoothly and successfully.
4. Support system and Procedure:
The participants also need to be exposed to the support available from
different institutions and agencies for setting up and running small scale
enterprise.
Sri Ramakrishna College of Arts and Science 5
Content Of Entrepreneurship Development Programme (EDP)
5. Fundamentals of projects feasibility study:
Under this input, the participants are provided guidelines on the
effective analysis of feasibility or viability of the of particular project in view of
marketing, organization, technical, financial and social aspects.
6. Plant visits:
In order to familiarize the participants with real life situations in small business,
plant visits are also arranged. Such trips help the participants know more about
an entrepreneur’s behaviour.
Sri Ramakrishna College of Arts and Science 6
PHASES OF EDPs
Pre – training Phase
Identification of operationally – promising area, normally a district.
1. Selection of the project leader / course coordinator to Coordinator
the programme.
2. Arrangement of infrastructural facilities for the Programme.
3. Undertaking potential industrial survey / environmental
4. Scanning for identification of good business opportunities.
Sri Ramakrishna College of Arts and Science 7
PHASES OF EDPs
Training phase:
Training potential entrepreneur are providing them proper
guidance for setting up enterprise for setting up enterprise constitutes the
cornerstone of EDP. Most of the Entrepreneurship Development institutes
generally conduct training programmes of 4-6 weeks duration on full
time basis. The programmes design in terms of objectives , training
inputs and their focus is described .
Sri Ramakrishna College of Arts and Science 8
PHASES OF EDPs
Post – Training Phase:
1. To provide a meaningful direction to the trainees in grounding their
enterprise.
2. To review the progress made by the trainees in implementation of
the project.
3. To review the post – training approach.
4. The following methods are generally used for follow – up:
i. Postal questionnaire
ii. Telephone follow – up
iii. Personal contact by the trainer
iv. Group meeting
Sri Ramakrishna College of Arts and Science 9
Types of EDP & Methods of training
Types of EDP:
 Entrepreneurship Awareness Training Programme.
 Entrepreneurship Development training programme General.
 Managerial skill development programme for existing entrepreneurs
 Product - Oriented EDPs.
Methods of training:
Individual training:
Under this method, an individual is selected for training. This
mode of training is undertaken where a complicated skill is to taught to an
individual
Sri Ramakrishna College of Arts and Science 10
Methods of Training
Group instruction:
Under this method, a group of individuals is selected to provide
training. This method is suitable to workers with a similar type of work and
where general instruction and application to all are to be given
Lecture method:
This method of training is provided within the four walls. The
entrepreneurs may clarify their doubts on the spots.
Demonstration method:
This method is more suitable where the performance of work is to be
shown practically by the instructor for better Understanding.
Sri Ramakrishna College of Arts and Science 11
Methods of Training
Conference method:
Conferences are frequently organised wherein experts share
their ideas and bring to the notice of learns new ideas and techniques
to increase production.
Meetings:
Training may also be given to entrepreneurs by way of
meetings. In the meetings, various problems relating to the
entrepreneurship are discussed. This may involve exchange of ideas
and views among the participants.
Sri Ramakrishna College of Arts and Science 12
PROBLEMS FACED BY EDP
1. Trainer – motivation is not found up to the mark in motivating the trainees to
start their own enterprises.
2. Identification and selection of wrong projects.
3. Lack of entrepreneurial and culture
4. Lack of forward and backward linkages.
5. Improper identification of projects.
6. Inadequate counseling support after training.
7. Lack of continuous follow – up action or post – training support services for
grounding the project.
Thank you
13

Entrepreneurship Development Programme (EDP)

  • 1.
    Dr. S. JOTHILATHA AssociateProfessor Department of Management Science - BBA Sri Ramakrishna College of Arts and Science Coimbatore - 641 006 Tamil Nadu, India 22BM503 – Entrepreneurship and Project Management (EPM) UNIT - II Entrepreneurship Development Programme (EDP) 1
  • 2.
    Sri Ramakrishna Collegeof Arts and Science 2 Entrepreneurship Development Programme (EDP) Definition: “Intelligence, motivation, knowledge, and opportunities as the pre- requisites for entrepreneurial development”-Joseph Stepenek Objectives of EDPs: 1. To develop and strengthen their entrepreneurial Quality. 2. To select the product. 3. Formulating the project for the product. 4. Support available for starting a small-scale industry. 5. To acquire the necessary managerial skills required to run a small enterprise. 6. Developing passion for integrity and honesty. 7. Identifying and training potential entrepreneur.
  • 3.
    Sri Ramakrishna Collegeof Arts and Science 3 Content Of Entrepreneurship Development Programme (EDP) 1. General introduction to entrepreneurship: First of all, the participants are exposed to a general knowledge of entrepreneurship Such as factors affection small - scale industries, the role of entrepreneurs in economic, development, entrepreneurial behaviour and the facilities available of establishing SSI. 2. Motivation training: The training inputs this aim at inducing and increasing the need for a achievement among the participants. Efforts are made to inject confidence and positive attitude and behaviour among the participants towards business.
  • 4.
    Sri Ramakrishna Collegeof Arts and Science 4 Content Of Entrepreneurship Development Programme (EDP) 3. Management Skills: Running a business, whether Large or small, requires the management skills. Knowledge of managerial skills enables an entrepreneur to run his / her enterprise smoothly and successfully. 4. Support system and Procedure: The participants also need to be exposed to the support available from different institutions and agencies for setting up and running small scale enterprise.
  • 5.
    Sri Ramakrishna Collegeof Arts and Science 5 Content Of Entrepreneurship Development Programme (EDP) 5. Fundamentals of projects feasibility study: Under this input, the participants are provided guidelines on the effective analysis of feasibility or viability of the of particular project in view of marketing, organization, technical, financial and social aspects. 6. Plant visits: In order to familiarize the participants with real life situations in small business, plant visits are also arranged. Such trips help the participants know more about an entrepreneur’s behaviour.
  • 6.
    Sri Ramakrishna Collegeof Arts and Science 6 PHASES OF EDPs Pre – training Phase Identification of operationally – promising area, normally a district. 1. Selection of the project leader / course coordinator to Coordinator the programme. 2. Arrangement of infrastructural facilities for the Programme. 3. Undertaking potential industrial survey / environmental 4. Scanning for identification of good business opportunities.
  • 7.
    Sri Ramakrishna Collegeof Arts and Science 7 PHASES OF EDPs Training phase: Training potential entrepreneur are providing them proper guidance for setting up enterprise for setting up enterprise constitutes the cornerstone of EDP. Most of the Entrepreneurship Development institutes generally conduct training programmes of 4-6 weeks duration on full time basis. The programmes design in terms of objectives , training inputs and their focus is described .
  • 8.
    Sri Ramakrishna Collegeof Arts and Science 8 PHASES OF EDPs Post – Training Phase: 1. To provide a meaningful direction to the trainees in grounding their enterprise. 2. To review the progress made by the trainees in implementation of the project. 3. To review the post – training approach. 4. The following methods are generally used for follow – up: i. Postal questionnaire ii. Telephone follow – up iii. Personal contact by the trainer iv. Group meeting
  • 9.
    Sri Ramakrishna Collegeof Arts and Science 9 Types of EDP & Methods of training Types of EDP:  Entrepreneurship Awareness Training Programme.  Entrepreneurship Development training programme General.  Managerial skill development programme for existing entrepreneurs  Product - Oriented EDPs. Methods of training: Individual training: Under this method, an individual is selected for training. This mode of training is undertaken where a complicated skill is to taught to an individual
  • 10.
    Sri Ramakrishna Collegeof Arts and Science 10 Methods of Training Group instruction: Under this method, a group of individuals is selected to provide training. This method is suitable to workers with a similar type of work and where general instruction and application to all are to be given Lecture method: This method of training is provided within the four walls. The entrepreneurs may clarify their doubts on the spots. Demonstration method: This method is more suitable where the performance of work is to be shown practically by the instructor for better Understanding.
  • 11.
    Sri Ramakrishna Collegeof Arts and Science 11 Methods of Training Conference method: Conferences are frequently organised wherein experts share their ideas and bring to the notice of learns new ideas and techniques to increase production. Meetings: Training may also be given to entrepreneurs by way of meetings. In the meetings, various problems relating to the entrepreneurship are discussed. This may involve exchange of ideas and views among the participants.
  • 12.
    Sri Ramakrishna Collegeof Arts and Science 12 PROBLEMS FACED BY EDP 1. Trainer – motivation is not found up to the mark in motivating the trainees to start their own enterprises. 2. Identification and selection of wrong projects. 3. Lack of entrepreneurial and culture 4. Lack of forward and backward linkages. 5. Improper identification of projects. 6. Inadequate counseling support after training. 7. Lack of continuous follow – up action or post – training support services for grounding the project.
  • 13.

Editor's Notes