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10th December, 2016 Entrepreneurship Development Support 1
How Many Of You Are In
• Skills Training?
• Livelihood Creation?
• Teaching Financial Literacy?
• Mentoring and Handholding?
• Entrepreneurship Development?
10th December, 2016 Entrepreneurship Development Support 2
10th December, 2016 Entrepreneurship Development Support 3
Look Carefully
10th December, 2016 Entrepreneurship Development Support 4
And This ?
10th December, 2016 Entrepreneurship Development Support 5
What Do You See Here ?
Young Lady
Babushka
(Grandma)
Depends
10th December, 2016 Entrepreneurship Development Support 6
Entrepreneurship Development
Support
For the
Economically Backward
Rural Society
Ulhas Kamat
I Create India
10th
December, 2016
Growth
Trees Grow
10th December, 2016 Entrepreneurship Development Support 8
Development
People Develop
10th December, 2016 Entrepreneurship Development Support 9
DEVELOPMENT
•A new stage in a
changing or evolving
situation.
•It is a Process
10th December, 2016 Entrepreneurship Development Support 10
Development Success
Depends on Process & Not on Intent
10th December, 2016 Entrepreneurship Development Support 11
Components
• Initial Stage
• What we start with (Raw Material)
• Process
• System, Tools, People (Implementer)
• Final Stage
• What we end with (Finished Product)
10th December, 2016 Entrepreneurship Development Support 12
Effectiveness
• Understand “Raw Material”
• Design Process and Tools
•Being Aware of Characteristics
•Being Cognizant of Reaction or
Response and Environment
• Achieve Desired End Result
10th December, 2016 Entrepreneurship Development Support 13
“Raw Material”
• Academic Achievement - Low
• Financial Resources - Shortage
• Information- Asymmetry
• Skills – May Exist
• Confidence – Lacking
• Tradition/Culture
• Gender Issues
• Low Penetration of Technology
10th December, 2016 Entrepreneurship Development Support 14
Desired Outcome
• Economically Empowered
Individual or Family in Rural
Areas
• Businesses Started
• Jobs Created
• Quality of Life
10th December, 2016 Entrepreneurship Development Support 15
10th December, 2016 Entrepreneurship Development Support 16
Entrepreneurial
Skills
Mentoring
Domain
Knowledge
Access to Capital
Entrepreneurship Success Factors
Domain Knowledge
• Skilling
• Traditional Crafts
• Hobby
• Vocational Education
• University of “Hard Knocks”
10th December, 2016 Entrepreneurship Development Support 17
10th December, 2016 Entrepreneurship Development Support 18
ROAD MAP
• Create Entrepreneurship Awareness
• Dispel Myths
• Change The Mind Set
• Training – Entrepreneurial Skills
• Mentoring
• Financial Linkages
• Handholding
10th December, 2016 Entrepreneurship Development Support 19
MYTHS
• Entrepreneur is a RISK Taker
•Mitigates RISK
•Takes Calculated RISK
ART of Risk Mitigation
A VOID
R EDUCE
T RANSFER
10th December, 2016 Entrepreneurship Development Support 20
….Myths
• Money is the most important
requirement to start a business
IDEA is
• Government Gives Money If I
Belong To ……………………
10th December, 2016 Entrepreneurship Development Support 21
10th December, 2016 22Entrepreneurship Development Support
Entrepreneurship
is not a Subject It is an
Attitude
Entrepreneurship ……………
Change Of Attitude
• Stories
• Role Models
• Discussions
• Part of Awareness Creation
10th December, 2016 Entrepreneurship Development Support 23
Content
• Audience Appropriate
• Devoid of Theoretical Overload
& Definitions
• K.I.S.S. (Keeping It Short and
Simple)
10th December, 2016 Entrepreneurship Development Support 24
TOPICS
• Idea Generation
• Home Work – Research
• Business Arithmetic
• Financial Literacy
• Life Skills – CNN
•Communication, Negotiation,
Networking,
10th December, 2016 Entrepreneurship Development Support 25
We have to
make them learn!
We Can’t Teach
10th December, 2016 Entrepreneurship Development Support 26
10th December, 2016 Entrepreneurship Development Support 27
Learning Styles
By Seeing or Observing
By listening
By Doing (Tactile)
Which Style ?
•Depends on Subject
•Majority (almost 70%)
learn by doing
10th December, 2016 Entrepreneurship Development Support 28
10th December, 2016 Entrepreneurship Development Support 29
Methodology
• Highly Interactive
• Fully Participatory
• Group Activity
• Adaptive
• Learning by Doing
10th December, 2016 Entrepreneurship Development Support 30
10th December, 2016 Entrepreneurship Development Support 31
10th December, 2016 Entrepreneurship Development Support 32
10th December, 2016 Entrepreneurship Development Support 33
10th December, 2016 Entrepreneurship Development Support 34
10th December, 2016 Entrepreneurship Development Support 35
MENTORING
• One-on-One
• Capacity Building
• Instilling Self Confidence
10th December, 2016 Entrepreneurship Development Support 36
Financial Linkages
• Schemes:
 PMEGP
 DAY - NRLM
 DAY - NULM
 MUDRA
 SHISHU
 KISHOR
 TARUN
10th December, 2016 Entrepreneurship Development Support 37
I Create Process
10th December, 2016 38Entrepreneurship Development Support
Business Incubation
• Set Up Business Incubation Centers (BIC)
• Follow the 5 STEP PROCESS
 Awareness
 Training
 Mentoring
 Financial Linkages
 Handholding
• BIC is different from TIC (Technical Incubation
Centers)
10th December, 2016 Entrepreneurship Development Support 39
I H
The Mantra
10th December, 2016 Entrepreneurship Development Support 40
©
OPE
Key To Success
Good Idea
Great Homework,
Opportunity
identification and
meticulous Planning
Excellence In
Execution
10
100
10th December, 2016 Entrepreneurship Development Support 41
1
SUCCESS
CUSTOMER
• Product or Service
Quality
• Meeting
Commitments
• Customer Relations
CASH FLOW
• Managing Cash Flow
• Cost Reduction
10th December, 2016 Entrepreneurship Development Support 42
Mentoring & Handholding
Who Will Do This ?
GEM
Grassroots Entrepreneurship Mentor
Traits Of GEM
• Zeal and passion for helping
underprivileged
• Ability to Facilitate
• Administrative skill – Plan and Organize
events
• Willing and able to do the out-reach
• Networking Capability
• People Skill
10th December, 2016 Entrepreneurship Development Support 45
Potential Sources
• Teachers in Higher Secondary Grades
• Teaching Faculty of Colleges
• Retired Bank Officers
• Retired Professionals (Business
Executives, Engineers etc.)
• Trainers in life-skills, soft-skills or
vocational skills
10th December, 2016 Entrepreneurship Development Support 46
Call to Action
• Establish Business Incubation
Centers
• Recruit GEMs and Build their
Capacity
• Make Use of I Create Model – Idea to
Execution
10th December, 2016 Entrepreneurship Development Support 47
I Create Offer
• I Create is willing to:
 Share Intellectual Property
 Build Capacity – Institutional &
Individual
• Urge NSDC to Integrate Entrepreneurship
with Technical Skills Training – I Create
willing to be Knowledge Partner
10th December, 2016 Entrepreneurship Development Support 48
Dr Kalam
Double click on the box to
hear Dr. Kalam
10th December, 2016 49Entrepreneurship Development Support
10th December, 2016 Entrepreneurship Development Support 50
ulhas@icreateindia.org
+91 963 22 55 990

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Entrepreneurship Development Support

  • 1. 10th December, 2016 Entrepreneurship Development Support 1
  • 2. How Many Of You Are In • Skills Training? • Livelihood Creation? • Teaching Financial Literacy? • Mentoring and Handholding? • Entrepreneurship Development? 10th December, 2016 Entrepreneurship Development Support 2
  • 3. 10th December, 2016 Entrepreneurship Development Support 3 Look Carefully
  • 4. 10th December, 2016 Entrepreneurship Development Support 4 And This ?
  • 5. 10th December, 2016 Entrepreneurship Development Support 5 What Do You See Here ? Young Lady Babushka (Grandma)
  • 6. Depends 10th December, 2016 Entrepreneurship Development Support 6
  • 7. Entrepreneurship Development Support For the Economically Backward Rural Society Ulhas Kamat I Create India 10th December, 2016
  • 8. Growth Trees Grow 10th December, 2016 Entrepreneurship Development Support 8
  • 9. Development People Develop 10th December, 2016 Entrepreneurship Development Support 9
  • 10. DEVELOPMENT •A new stage in a changing or evolving situation. •It is a Process 10th December, 2016 Entrepreneurship Development Support 10
  • 11. Development Success Depends on Process & Not on Intent 10th December, 2016 Entrepreneurship Development Support 11
  • 12. Components • Initial Stage • What we start with (Raw Material) • Process • System, Tools, People (Implementer) • Final Stage • What we end with (Finished Product) 10th December, 2016 Entrepreneurship Development Support 12
  • 13. Effectiveness • Understand “Raw Material” • Design Process and Tools •Being Aware of Characteristics •Being Cognizant of Reaction or Response and Environment • Achieve Desired End Result 10th December, 2016 Entrepreneurship Development Support 13
  • 14. “Raw Material” • Academic Achievement - Low • Financial Resources - Shortage • Information- Asymmetry • Skills – May Exist • Confidence – Lacking • Tradition/Culture • Gender Issues • Low Penetration of Technology 10th December, 2016 Entrepreneurship Development Support 14
  • 15. Desired Outcome • Economically Empowered Individual or Family in Rural Areas • Businesses Started • Jobs Created • Quality of Life 10th December, 2016 Entrepreneurship Development Support 15
  • 16. 10th December, 2016 Entrepreneurship Development Support 16 Entrepreneurial Skills Mentoring Domain Knowledge Access to Capital Entrepreneurship Success Factors
  • 17. Domain Knowledge • Skilling • Traditional Crafts • Hobby • Vocational Education • University of “Hard Knocks” 10th December, 2016 Entrepreneurship Development Support 17
  • 18. 10th December, 2016 Entrepreneurship Development Support 18
  • 19. ROAD MAP • Create Entrepreneurship Awareness • Dispel Myths • Change The Mind Set • Training – Entrepreneurial Skills • Mentoring • Financial Linkages • Handholding 10th December, 2016 Entrepreneurship Development Support 19
  • 20. MYTHS • Entrepreneur is a RISK Taker •Mitigates RISK •Takes Calculated RISK ART of Risk Mitigation A VOID R EDUCE T RANSFER 10th December, 2016 Entrepreneurship Development Support 20
  • 21. ….Myths • Money is the most important requirement to start a business IDEA is • Government Gives Money If I Belong To …………………… 10th December, 2016 Entrepreneurship Development Support 21
  • 22. 10th December, 2016 22Entrepreneurship Development Support Entrepreneurship is not a Subject It is an Attitude Entrepreneurship ……………
  • 23. Change Of Attitude • Stories • Role Models • Discussions • Part of Awareness Creation 10th December, 2016 Entrepreneurship Development Support 23
  • 24. Content • Audience Appropriate • Devoid of Theoretical Overload & Definitions • K.I.S.S. (Keeping It Short and Simple) 10th December, 2016 Entrepreneurship Development Support 24
  • 25. TOPICS • Idea Generation • Home Work – Research • Business Arithmetic • Financial Literacy • Life Skills – CNN •Communication, Negotiation, Networking, 10th December, 2016 Entrepreneurship Development Support 25
  • 26. We have to make them learn! We Can’t Teach 10th December, 2016 Entrepreneurship Development Support 26
  • 27. 10th December, 2016 Entrepreneurship Development Support 27 Learning Styles By Seeing or Observing By listening By Doing (Tactile)
  • 28. Which Style ? •Depends on Subject •Majority (almost 70%) learn by doing 10th December, 2016 Entrepreneurship Development Support 28
  • 29. 10th December, 2016 Entrepreneurship Development Support 29
  • 30. Methodology • Highly Interactive • Fully Participatory • Group Activity • Adaptive • Learning by Doing 10th December, 2016 Entrepreneurship Development Support 30
  • 31. 10th December, 2016 Entrepreneurship Development Support 31
  • 32. 10th December, 2016 Entrepreneurship Development Support 32
  • 33. 10th December, 2016 Entrepreneurship Development Support 33
  • 34. 10th December, 2016 Entrepreneurship Development Support 34
  • 35. 10th December, 2016 Entrepreneurship Development Support 35
  • 36. MENTORING • One-on-One • Capacity Building • Instilling Self Confidence 10th December, 2016 Entrepreneurship Development Support 36
  • 37. Financial Linkages • Schemes:  PMEGP  DAY - NRLM  DAY - NULM  MUDRA  SHISHU  KISHOR  TARUN 10th December, 2016 Entrepreneurship Development Support 37
  • 38. I Create Process 10th December, 2016 38Entrepreneurship Development Support
  • 39. Business Incubation • Set Up Business Incubation Centers (BIC) • Follow the 5 STEP PROCESS  Awareness  Training  Mentoring  Financial Linkages  Handholding • BIC is different from TIC (Technical Incubation Centers) 10th December, 2016 Entrepreneurship Development Support 39
  • 40. I H The Mantra 10th December, 2016 Entrepreneurship Development Support 40 © OPE
  • 41. Key To Success Good Idea Great Homework, Opportunity identification and meticulous Planning Excellence In Execution 10 100 10th December, 2016 Entrepreneurship Development Support 41 1
  • 42. SUCCESS CUSTOMER • Product or Service Quality • Meeting Commitments • Customer Relations CASH FLOW • Managing Cash Flow • Cost Reduction 10th December, 2016 Entrepreneurship Development Support 42
  • 44. Who Will Do This ? GEM Grassroots Entrepreneurship Mentor
  • 45. Traits Of GEM • Zeal and passion for helping underprivileged • Ability to Facilitate • Administrative skill – Plan and Organize events • Willing and able to do the out-reach • Networking Capability • People Skill 10th December, 2016 Entrepreneurship Development Support 45
  • 46. Potential Sources • Teachers in Higher Secondary Grades • Teaching Faculty of Colleges • Retired Bank Officers • Retired Professionals (Business Executives, Engineers etc.) • Trainers in life-skills, soft-skills or vocational skills 10th December, 2016 Entrepreneurship Development Support 46
  • 47. Call to Action • Establish Business Incubation Centers • Recruit GEMs and Build their Capacity • Make Use of I Create Model – Idea to Execution 10th December, 2016 Entrepreneurship Development Support 47
  • 48. I Create Offer • I Create is willing to:  Share Intellectual Property  Build Capacity – Institutional & Individual • Urge NSDC to Integrate Entrepreneurship with Technical Skills Training – I Create willing to be Knowledge Partner 10th December, 2016 Entrepreneurship Development Support 48
  • 49. Dr Kalam Double click on the box to hear Dr. Kalam 10th December, 2016 49Entrepreneurship Development Support
  • 50. 10th December, 2016 Entrepreneurship Development Support 50 ulhas@icreateindia.org +91 963 22 55 990