The document discusses entrepreneurship development in India. It covers approaches to entrepreneurship development like human resource development and entrepreneurship development programs. It describes the need for entrepreneurship development programs and common misconceptions about them. It discusses the objectives, importance and methods of entrepreneurship training. Finally, it outlines some of the key institutions that support entrepreneurship development in India like NIESBUD, SIDO, and NSIC.
This document discusses entrepreneurship development in India. It outlines various approaches to entrepreneurship development including human resource development, entrepreneurship development programs, and need-based entrepreneurship. It describes the objectives and importance of entrepreneurship development programs and training. It discusses various institutions that support entrepreneurship development in India such as NIESBUD, SISI, SIDO, NSIC, EDII, NAYE, and STEP. The document also outlines the objectives and activities of centers for entrepreneurship development.
The document discusses entrepreneurship development in India. It covers various approaches to entrepreneurship development like human resource development and entrepreneurship development programs. It describes the objectives and need for entrepreneurship development programs. Some common misconceptions about such programs are also mentioned. Various methods, phases and aspects of structuring entrepreneurship development programs are outlined. Finally, the roles of different institutions in promoting entrepreneurship development in India like NIESBUD, SISI, SIDO, NSIC and EDII are briefly discussed.
This document discusses entrepreneurship development programs (EDP) in India. It outlines the importance of training for entrepreneurs and various training methods used in EDPs. EDPs aim to encourage self-employment by providing training and motivation to potential and existing entrepreneurs. The document describes the phases of EDPs, selection of entrepreneurs, typical training course content, prerequisites, and organizations that provide EDP training in India such as the Entrepreneurship Development Institute of India, National Institute for Entrepreneurship and Small Business Development, and Small Industries Service Institutes.
This document discusses entrepreneurship development programmes (EDPs) in India. It outlines the importance of training for entrepreneurs and various training methods used in EDPs. EDPs are designed to encourage self-employment by providing training and motivation to potential and existing entrepreneurs. The phases of a typical EDP include selecting areas for focus, conducting feasibility studies, identifying and training entrepreneurs, and providing follow-up support. Several government organizations provide EDPs in India, including the Entrepreneurship Development Institute of India, National Institute for Entrepreneurship and Small Business Development, Small Industries Service Institutes, and the National Small Industries Corporation.
This document discusses entrepreneurship development programs (EDPs) in India. It outlines the importance of training for entrepreneurs and common training methods used, including individual instruction, group instruction, and lectures. It describes the need for and phases of EDPs, including selecting areas, conducting feasibility studies, identifying and training entrepreneurs, and providing follow-up support. Key organizations that provide EDPs in India are also outlined, such as the Entrepreneurship Development Institute of India, National Institute for Entrepreneurship and Small Business Development, and Small Industries Service Institutes.
This document discusses entrepreneurship development programmes (EDPs) in India. It begins by defining entrepreneurs and entrepreneurship. It then discusses the importance of training for entrepreneurs and various training methods. It describes the need for and phases of EDPs, including selection of entrepreneurs, training course content, and prerequisites. Finally, it outlines several organizations in India that provide EDPs, such as the Entrepreneurship Development Institute of India, National Institute for Entrepreneurship and Small Business Development, Small Industries Service Institutes, and the National Small Industries Corporation.
The document proposes establishing an Entrepreneurship Development Center (EDC) at a technical institution to promote small and medium enterprises (SMEs) in northwest Pakistan. The EDC would aim to identify business opportunities and problems faced by SMEs through research, raise entrepreneurship awareness, and organize training programs. It would include sections for training, resources, and research. The training section would offer courses in entrepreneurship while the resource section would provide an e-library and publications. The EDC envisions increasing graduates who become entrepreneurs and boosting the proportion of independent business owners in the region.
Entreprenurshio development programme in india ..
Entreprenurshio development programme in india ..
Entreprenurshio development programme in india ..
Entreprenurshio development programme in india ..
Entreprenurshio development programme in india ..
This document discusses entrepreneurship development in India. It outlines various approaches to entrepreneurship development including human resource development, entrepreneurship development programs, and need-based entrepreneurship. It describes the objectives and importance of entrepreneurship development programs and training. It discusses various institutions that support entrepreneurship development in India such as NIESBUD, SISI, SIDO, NSIC, EDII, NAYE, and STEP. The document also outlines the objectives and activities of centers for entrepreneurship development.
The document discusses entrepreneurship development in India. It covers various approaches to entrepreneurship development like human resource development and entrepreneurship development programs. It describes the objectives and need for entrepreneurship development programs. Some common misconceptions about such programs are also mentioned. Various methods, phases and aspects of structuring entrepreneurship development programs are outlined. Finally, the roles of different institutions in promoting entrepreneurship development in India like NIESBUD, SISI, SIDO, NSIC and EDII are briefly discussed.
This document discusses entrepreneurship development programs (EDP) in India. It outlines the importance of training for entrepreneurs and various training methods used in EDPs. EDPs aim to encourage self-employment by providing training and motivation to potential and existing entrepreneurs. The document describes the phases of EDPs, selection of entrepreneurs, typical training course content, prerequisites, and organizations that provide EDP training in India such as the Entrepreneurship Development Institute of India, National Institute for Entrepreneurship and Small Business Development, and Small Industries Service Institutes.
This document discusses entrepreneurship development programmes (EDPs) in India. It outlines the importance of training for entrepreneurs and various training methods used in EDPs. EDPs are designed to encourage self-employment by providing training and motivation to potential and existing entrepreneurs. The phases of a typical EDP include selecting areas for focus, conducting feasibility studies, identifying and training entrepreneurs, and providing follow-up support. Several government organizations provide EDPs in India, including the Entrepreneurship Development Institute of India, National Institute for Entrepreneurship and Small Business Development, Small Industries Service Institutes, and the National Small Industries Corporation.
This document discusses entrepreneurship development programs (EDPs) in India. It outlines the importance of training for entrepreneurs and common training methods used, including individual instruction, group instruction, and lectures. It describes the need for and phases of EDPs, including selecting areas, conducting feasibility studies, identifying and training entrepreneurs, and providing follow-up support. Key organizations that provide EDPs in India are also outlined, such as the Entrepreneurship Development Institute of India, National Institute for Entrepreneurship and Small Business Development, and Small Industries Service Institutes.
This document discusses entrepreneurship development programmes (EDPs) in India. It begins by defining entrepreneurs and entrepreneurship. It then discusses the importance of training for entrepreneurs and various training methods. It describes the need for and phases of EDPs, including selection of entrepreneurs, training course content, and prerequisites. Finally, it outlines several organizations in India that provide EDPs, such as the Entrepreneurship Development Institute of India, National Institute for Entrepreneurship and Small Business Development, Small Industries Service Institutes, and the National Small Industries Corporation.
The document proposes establishing an Entrepreneurship Development Center (EDC) at a technical institution to promote small and medium enterprises (SMEs) in northwest Pakistan. The EDC would aim to identify business opportunities and problems faced by SMEs through research, raise entrepreneurship awareness, and organize training programs. It would include sections for training, resources, and research. The training section would offer courses in entrepreneurship while the resource section would provide an e-library and publications. The EDC envisions increasing graduates who become entrepreneurs and boosting the proportion of independent business owners in the region.
Entreprenurshio development programme in india ..
Entreprenurshio development programme in india ..
Entreprenurshio development programme in india ..
Entreprenurshio development programme in india ..
Entreprenurshio development programme in india ..
This document proposes establishing an Entrepreneurship Development Center (EDC) as a partnership between an Institute of Management Studies and the Small & Medium Enterprise Development Authority (SMEDA) of Pakistan. The EDC would promote entrepreneurship and small businesses in the NWFP region through various training programs, seminars, networking events, and business competitions. SMEDA would provide technical assistance and resources to support the EDC's operations. The EDC's goals are to increase graduates becoming entrepreneurs, raise awareness of entrepreneurship, and help more residents start small businesses.
Skills Development for SMEs and Tackling InformalityOECD CFE
This expert meeting of the ESSSA initiative will provide a unique opportunity to share international experience in addressing the issue of skills mismatch as a way to contribute to more inclusive growth and good quality job creation across Southeast Asian countries.
This document discusses training and entrepreneurship development programs in India. It outlines the importance of training for skills development and quality improvement. It describes various training methods like individual instruction and lectures. It explains the need for Entrepreneurship Development Programs (EDPs) to encourage self-employment and address unemployment. EDPs involve selecting entrepreneurs, providing training, and offering follow-up support. Major organizations that offer EDPs in India include NIESBUD, SISI, SIDO, NSIC, EDII, and NAYE.
This document discusses training and entrepreneurship development programs in India. It outlines the importance of training for entrepreneurs, common training methods, and the need for and phases of entrepreneurship development programs. It also describes how entrepreneurs are selected for these programs and typical course contents. Finally, it provides details on some of the major organizations in India that provide entrepreneurship development programs, including their specific training activities.
The document summarizes the role of the Entrepreneurship Development Institute of India (EDI) in developing small and medium enterprise entrepreneurship. EDI offers entrepreneurship training programs and conducts research to promote entrepreneurship in India and internationally. It has helped train over 125,000 entrepreneurs annually who have then started new businesses and generated employment. Studies show businesses started by entrepreneurs trained by EDI have higher returns, growth, and performance than those not receiving training. EDI also works internationally, establishing entrepreneurship centers and training professionals in other countries to promote entrepreneurship development.
This was a subsidization report, which within it contains practical strategies adapted from global good case practices throughout AIESEC network. Certain ideas are originally coming from myself.
I believe if one is able to understand, then follow, the performance of that LC will improve by leaps and bounds.
For more materials, may refer here: https://drive.google.com/folderview?id=0B07jvxMp6aDPfjZiYjBZOWlQQUxwZ2hkSDJjUmRwaWVqMmh4ejJVR0FIT25ZQVZOX1BwaDA&usp=sharing
Sharing with you my dear readers who may find it useful.
Feel free to connect with me at maxermesilliam@gmail.com.
Need of training program for career growth.Abinash Dash
This document is a project report submitted by Abinash Dash to the Biju Patnaik University of Technology on the impact of training programs at Tech Tricks Jobs Academy on trainees' career growth. It includes an introduction, company profile of Tech Tricks Jobs Academy, objectives and scope of the study, research methodology used involving primary and secondary data collection, data analysis and findings. The report examines the training methods, satisfaction of trainees, and impact of training on their careers. It aims to analyze the effectiveness of the training provided by Tech Tricks Jobs Academy.
- Infosys has plans to expand its training facility in Mysore from accommodating 4,000 trainees to 10,000 trainees.
- Wipro Spectramind provides educational support called SEED to help talented employees pursue higher education so they are not lost to the business.
- LG Electronics requires its staff to complete two training modules per month with tests and provides prizes every three months to encourage learning.
Robin Patel is seeking a career in IT and human resources with a reputable organization. He has over 7 years of experience with Essar Group in both IT and HR roles. In IT, he has experience developing and maintaining software for an academy management system and website. In HR, he has experience with training and development, onboarding new employees, and campus recruitment. He is proficient in technologies like ASP.NET, C#, and SQL Server and seeks to continue utilizing his education and experience.
Dr. Mani Mala Puri has over 25 years of experience in strategic planning, academic operations, corporate communication, teaching, and administration in the education sector. She has held several leadership roles, including Director at JSPM Group of Institutions and Head of the IT Department at a reputed engineering college. She also served as Director at the All India Council for Technical Education. She has extensive experience in areas such as strategic planning, corporate communication, academic operations, and general administration.
The document is an internship report submitted by S. Ilayaraja to the University of Madras for their MBA program. It provides details about their internship at Phorotech Surfin India Private Limited from May 15th to June 15th 2017. It includes an introduction to the company, details about its processes, departments, certifications, customers and more. The report aims to provide insights gained from the internship experience in the various functions at Phorotech Surfin.
The document is an internship report submitted by S. Ilayaraja to the University of Madras for their MBA program. It provides details about their internship at Phorotech Surfin India Private Limited from May 15th to June 15th 2017. It includes an introduction to the company, details about its processes, departments, certifications, customers and more. The report aims to provide insights gained from the internship experience in various functions within the company.
In this program, as you transform through exercises from paper to action, you will bring a different leadership perspective to your professional as well as personal life. Whether you are student, faculty or professional, the aim is to imbibe passion and confidence in you with a touch of team work, which will help you and your organization to achieve success.
The Pradhan Mantri YUVA Yojana scheme aims to provide entrepreneurship education and training to over 14 lakh Indian youth over five years. It offers online courses through Massive Open Online Courses (MOOCs) designed by experts to students in higher education institutions, vocational training institutes, schools, and entrepreneurship development centers. The courses educate students on starting businesses and provide access to mentors and funding networks. The scheme is implemented through national and regional coordination hubs and aims to increase startups and entrepreneurship in India among youth.
NTTF Started in 1959 with Swiss Assistance and Created as a Trust in 1963 No Financial Equity from any one and no Dividend payout to any one Under Section 8, Company act and Not for Profit Organisation Fully Self Sustaining Model Any Surplus in Ploughed back to set up more training facility Focussed towards nation building through Human Resource Development
Incorporated in 1994, SEED Infotech is India’s one of the leading solution providers in Information Technology Training, Staffing and Products & Tools Consulting services to both Retail ( i.e. students, professionals and individuals) and Corporate customers.
We are an ISO 9001:2008 certified organization that operates through well-defined systems and procedures.
A formidable team of over 600 qualified professionals, 48+ training locations in India, and strong associations with Global Technology Leaders such as Microsoft, Oracle, RedHat, Salesforce, SAP, HP, Hortonworks, Peoplecert and EC-Council and testing & assessment services through Prometric, Pearson-Vue, Kryterion, etc. are undoubtedly our core strengths
Mahmudul Hasan is seeking a position that utilizes his 1.7 years of experience in ICT and agriculture fields. He currently works as an ICT Field Coordinator for mPower Social Enterprise Ltd, where he conducts training and provides technical support to farmers. Previously he worked as a Junior E-commerce Marketing Manager. Hasan holds an MBA in Finance and has experience in project management, training, and community development. He is proficient in ICT skills and mobile applications for agriculture.
The document provides information about the National Apprenticeship Training Scheme (NATS) implemented by the Ministry of Education, Department of Higher Education, Government of India. NATS aims to bridge skills gaps in fresh graduates and diploma holders by providing on-the-job training in industries. It offers training opportunities across various sectors for engineering and non-engineering apprentices. Apprentices receive a monthly stipend and certificate on completion, equivalent to one year of work experience.
This business plan proposes an employability training program for engineering graduates to help them develop skills sought by employers. The 3 month full-time or 5 month part-time program will provide industry-based technical, soft skills and commercial awareness training through online and offline classes. The training will be delivered by an entrepreneurial team and include engineering stream courses, tools/materials, internships, computer/personality development training. The program aims to make graduates more competitive and help address the skills gap between graduates and industry needs.
This document proposes establishing an Entrepreneurship Development Center (EDC) as a partnership between an Institute of Management Studies and the Small & Medium Enterprise Development Authority (SMEDA) of Pakistan. The EDC would promote entrepreneurship and small businesses in the NWFP region through various training programs, seminars, networking events, and business competitions. SMEDA would provide technical assistance and resources to support the EDC's operations. The EDC's goals are to increase graduates becoming entrepreneurs, raise awareness of entrepreneurship, and help more residents start small businesses.
Skills Development for SMEs and Tackling InformalityOECD CFE
This expert meeting of the ESSSA initiative will provide a unique opportunity to share international experience in addressing the issue of skills mismatch as a way to contribute to more inclusive growth and good quality job creation across Southeast Asian countries.
This document discusses training and entrepreneurship development programs in India. It outlines the importance of training for skills development and quality improvement. It describes various training methods like individual instruction and lectures. It explains the need for Entrepreneurship Development Programs (EDPs) to encourage self-employment and address unemployment. EDPs involve selecting entrepreneurs, providing training, and offering follow-up support. Major organizations that offer EDPs in India include NIESBUD, SISI, SIDO, NSIC, EDII, and NAYE.
This document discusses training and entrepreneurship development programs in India. It outlines the importance of training for entrepreneurs, common training methods, and the need for and phases of entrepreneurship development programs. It also describes how entrepreneurs are selected for these programs and typical course contents. Finally, it provides details on some of the major organizations in India that provide entrepreneurship development programs, including their specific training activities.
The document summarizes the role of the Entrepreneurship Development Institute of India (EDI) in developing small and medium enterprise entrepreneurship. EDI offers entrepreneurship training programs and conducts research to promote entrepreneurship in India and internationally. It has helped train over 125,000 entrepreneurs annually who have then started new businesses and generated employment. Studies show businesses started by entrepreneurs trained by EDI have higher returns, growth, and performance than those not receiving training. EDI also works internationally, establishing entrepreneurship centers and training professionals in other countries to promote entrepreneurship development.
This was a subsidization report, which within it contains practical strategies adapted from global good case practices throughout AIESEC network. Certain ideas are originally coming from myself.
I believe if one is able to understand, then follow, the performance of that LC will improve by leaps and bounds.
For more materials, may refer here: https://drive.google.com/folderview?id=0B07jvxMp6aDPfjZiYjBZOWlQQUxwZ2hkSDJjUmRwaWVqMmh4ejJVR0FIT25ZQVZOX1BwaDA&usp=sharing
Sharing with you my dear readers who may find it useful.
Feel free to connect with me at maxermesilliam@gmail.com.
Need of training program for career growth.Abinash Dash
This document is a project report submitted by Abinash Dash to the Biju Patnaik University of Technology on the impact of training programs at Tech Tricks Jobs Academy on trainees' career growth. It includes an introduction, company profile of Tech Tricks Jobs Academy, objectives and scope of the study, research methodology used involving primary and secondary data collection, data analysis and findings. The report examines the training methods, satisfaction of trainees, and impact of training on their careers. It aims to analyze the effectiveness of the training provided by Tech Tricks Jobs Academy.
- Infosys has plans to expand its training facility in Mysore from accommodating 4,000 trainees to 10,000 trainees.
- Wipro Spectramind provides educational support called SEED to help talented employees pursue higher education so they are not lost to the business.
- LG Electronics requires its staff to complete two training modules per month with tests and provides prizes every three months to encourage learning.
Robin Patel is seeking a career in IT and human resources with a reputable organization. He has over 7 years of experience with Essar Group in both IT and HR roles. In IT, he has experience developing and maintaining software for an academy management system and website. In HR, he has experience with training and development, onboarding new employees, and campus recruitment. He is proficient in technologies like ASP.NET, C#, and SQL Server and seeks to continue utilizing his education and experience.
Dr. Mani Mala Puri has over 25 years of experience in strategic planning, academic operations, corporate communication, teaching, and administration in the education sector. She has held several leadership roles, including Director at JSPM Group of Institutions and Head of the IT Department at a reputed engineering college. She also served as Director at the All India Council for Technical Education. She has extensive experience in areas such as strategic planning, corporate communication, academic operations, and general administration.
The document is an internship report submitted by S. Ilayaraja to the University of Madras for their MBA program. It provides details about their internship at Phorotech Surfin India Private Limited from May 15th to June 15th 2017. It includes an introduction to the company, details about its processes, departments, certifications, customers and more. The report aims to provide insights gained from the internship experience in the various functions at Phorotech Surfin.
The document is an internship report submitted by S. Ilayaraja to the University of Madras for their MBA program. It provides details about their internship at Phorotech Surfin India Private Limited from May 15th to June 15th 2017. It includes an introduction to the company, details about its processes, departments, certifications, customers and more. The report aims to provide insights gained from the internship experience in various functions within the company.
In this program, as you transform through exercises from paper to action, you will bring a different leadership perspective to your professional as well as personal life. Whether you are student, faculty or professional, the aim is to imbibe passion and confidence in you with a touch of team work, which will help you and your organization to achieve success.
The Pradhan Mantri YUVA Yojana scheme aims to provide entrepreneurship education and training to over 14 lakh Indian youth over five years. It offers online courses through Massive Open Online Courses (MOOCs) designed by experts to students in higher education institutions, vocational training institutes, schools, and entrepreneurship development centers. The courses educate students on starting businesses and provide access to mentors and funding networks. The scheme is implemented through national and regional coordination hubs and aims to increase startups and entrepreneurship in India among youth.
NTTF Started in 1959 with Swiss Assistance and Created as a Trust in 1963 No Financial Equity from any one and no Dividend payout to any one Under Section 8, Company act and Not for Profit Organisation Fully Self Sustaining Model Any Surplus in Ploughed back to set up more training facility Focussed towards nation building through Human Resource Development
Incorporated in 1994, SEED Infotech is India’s one of the leading solution providers in Information Technology Training, Staffing and Products & Tools Consulting services to both Retail ( i.e. students, professionals and individuals) and Corporate customers.
We are an ISO 9001:2008 certified organization that operates through well-defined systems and procedures.
A formidable team of over 600 qualified professionals, 48+ training locations in India, and strong associations with Global Technology Leaders such as Microsoft, Oracle, RedHat, Salesforce, SAP, HP, Hortonworks, Peoplecert and EC-Council and testing & assessment services through Prometric, Pearson-Vue, Kryterion, etc. are undoubtedly our core strengths
Mahmudul Hasan is seeking a position that utilizes his 1.7 years of experience in ICT and agriculture fields. He currently works as an ICT Field Coordinator for mPower Social Enterprise Ltd, where he conducts training and provides technical support to farmers. Previously he worked as a Junior E-commerce Marketing Manager. Hasan holds an MBA in Finance and has experience in project management, training, and community development. He is proficient in ICT skills and mobile applications for agriculture.
The document provides information about the National Apprenticeship Training Scheme (NATS) implemented by the Ministry of Education, Department of Higher Education, Government of India. NATS aims to bridge skills gaps in fresh graduates and diploma holders by providing on-the-job training in industries. It offers training opportunities across various sectors for engineering and non-engineering apprentices. Apprentices receive a monthly stipend and certificate on completion, equivalent to one year of work experience.
This business plan proposes an employability training program for engineering graduates to help them develop skills sought by employers. The 3 month full-time or 5 month part-time program will provide industry-based technical, soft skills and commercial awareness training through online and offline classes. The training will be delivered by an entrepreneurial team and include engineering stream courses, tools/materials, internships, computer/personality development training. The program aims to make graduates more competitive and help address the skills gap between graduates and industry needs.
Explore the key differences between silicone sponge rubber and foam rubber in this comprehensive presentation. Learn about their unique properties, manufacturing processes, and applications across various industries. Discover how each material performs in terms of temperature resistance, chemical resistance, and cost-effectiveness. Gain insights from real-world case studies and make informed decisions for your projects.
2. Approaches to ED
HR Development
EDP
NEED
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
3. EDP
EDP means programme designed to help a
person in strengthening his entrepreneurial
motive and in acquiring skills and capabilities
necessary for playing his entrepreneurial role
effectively
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
4. The Need for EDP
Speed the process of activating the factors of
production
Leading to higher rate of economic growth
Dispersal of economic activities
Development of backward and tribal areas
Creation of employment opportunities
Involvement of all sections of the society
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
5. Misconception about EDP
EDP is solution for all problems
EDP means only training
Higher the number, better the EDP
EDP success is the sole responsibility of
Trainer- motivators
Combined course may help
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
7. Objectives of the Programme
To promote and development of SME that
would encourage self employment
Stimulate new venture and expansion of
existing activities of SME in rural areas.
Upgrade managerial skills of existing
entrepreneurs and develop potential
capabilities for potential entrepreneurs
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
8. ED Training should focus on
developing
Entrepreneurial behaviors
Taking initiative, grasping opportunity, Managing
autonomously, solving problems creatively, Netwoking Etc
Entrepreneurial attributes
Achievement orientation, self confidence, self esteem, high
internal locus of control, hard working, determination
Entrepreneurial skills
Creative problem solving, negotiating, selling, strategic
thinking, intuitive decision making under uncertainty
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
9. Importance of
Training/development
Ensures availability of skilled manpower at all management levels
Enhancing abilities, potential among entrepreneurs
Increase efficiency
Maintain and enhance product quality
Minimize wastages in production process
Minimize accidents on the job
Reduce fatigue and increase speed of work
Standardization in industry and internal processes
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
10. Methods of Training
Individual instruction
Group instruction
Lecture method
Demonstration method
Written instruction method
Conference
Meetings
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
11. Structuring EDP
Survey of entrepreneurial opportunities
Selection of entrepreneurs
Experiences in EDP abroad
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
12. Pre requisites of EDP
Selection of entrepreneurs
Inputs for EDP
Support system
Follow up
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
13. Phases of EDP
Select area from existing government policy guidelines/socio-
economic reports
Techno-economic survey of the selected area; feasibility study
Identify potential and existing entrepreneurs interested in starting
new business/expansion/diversification
Training
Follow up and consultancy services
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
14. Selection of entrepreneurs for EDP
The programme is well publicized and promoted to attract maximum
applications for screening
Selection of top 25 to 30 applicants only
Applications screened for:
Demographics and socio cultural data – age, education, work exp,
financial resources, type of business etc
Motivation factors – pull factors, source of encouragement, credibility,
endurance, concreteness of plans
Psychological test results- traits like risk taking, need for
achievement
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
15. Features of EDP
Identification and careful selection of entrepreneurs for
training
Developing the entrepreneurial capabilities of the
trainee
Equipping the trainee with the basic managerial
understanding and strategies.
Ensuring a viable industrial project for each potential
entrepreneur.
Helping him to secure the necessary financial,
infrastructural and related assistance; and
Training cost is highly subsidised and only token fee is
charged.
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
16. Issues in EDP
Structure and Composition of EDP
Areas of operation
Fixing Priorities
Lack of specialists’ support
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
17. The operational problems
Inherent inability
Diverse opinions
Poor strategy
Lack of institutional commitment
Lack of local support
Non availability of inputs
Poor follow-up
Inadequate research facilities
Ill planned training methodology
Lack of creativity and commitment
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
18. Institutions in Aid of
Entrepreneurship Development
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
19. National Institute for entrepreneurship and Small
Business Development (NIESBUD),New Delhi
Established by Government of India in 1983
An apex body for coordination and supervison on activities of
various institutes engaged in entrepreneurial development
Helps evolution of EDP, model syllabi, effective training
strategies, methodology, manuals and tools
Activities undertaken:
Organise and conduct training programmes
Coordinate training activities of various agencies/institutes
Provide affiliation to such institutes
Hold examinations and confer certificates to trainers and trainees
Electronic copy available at: https://ssrn.com/abstract=3847648
20. Small Industries Service
Institutes (SISI)
Three months part time evening courses in management
4-6 weeks part time courses in intensive training in functional
areas (marketing, finance)
Special courses in quality control, HR, production planning,
product development etc
Mobile workshops imparting training on correct usage of tools
and equipment
Helps with preparation of plant layouts
Helps individual firms on specific problems faced
Electronic copy available at: https://ssrn.com/abstract=3847648
21. Small Industries Development
Organisation (SIDO)
Runs EDP in collaboration with financial
institutes, directorate of industries
Gives on the job training on shop floor
(carpentry, electrical devices)
Sends its officials/trainers to organisations to
update their knowledge
Electronic copy available at: https://ssrn.com/abstract=3847648
22. National Small Industries
Corporation (NSIC)
Provides apprenticeship for 2 years
Training supervisory staff of SSI up to 2 years
Training to engineers up to 2 years
Training workmen for 12 months
Training to set up own venture
Advice on machinery and components
Production of technologically advanced machines
Electronic copy available at: https://ssrn.com/abstract=3847648
23. Entrepreneurship Development Institute
of India (EDII),Ahmedabad.
Develops programmes for entrepreneurial training and
development
Develops innovative training techniques for trainers
Focused attention on women entrepreneurs with first such
EDP in 1988
EDP for rural entrepreneurship development in U.P and
Orissa
Famous for organising camps on entrepreneurship
Condusted EDP in Sri Lanka, Nepal, Ghana, Kenya etc
Electronic copy available at: https://ssrn.com/abstract=3847648
24. National Alliance of Young
Entrepreneurs (NAYE)
Contribution in encouraging women entrepreneurship
Set up women’s wing in 1975
This wing assists women in:
Getting better access to resources, infrastructure, markets
Identify investment opportunities
Attending to problems of individual industries
Sponsor participation in trade fairs, exhibitions, conferences
Organise seminars, training programmes, workshops
Electronic copy available at: https://ssrn.com/abstract=3847648
25. MANAGEMENT
DEVELOPMENT INSTITUTE
(MDI)
Objectives of the Centre for entrepreneurship
To provide a variety of services, on a non-profit basis, to
encourage, plan for, and link up entrepreneurs, firms,
and organizations in India and abroad
To offer facilities and networking to entrepreneurs under
an Outreach Program
To train students aspiring to be entrepreneurs
To render services and training that may facilitate
entrepreneurs to operate in emerging areas
To serve as a platform for various national international
centers
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
26. Institute of Entrepreneurship Development
IED Odisha was established in the year 1987 with an aim to inculcate the value of
entrepreneurship to the educated unemployed youth in the state and to motivate
them to enter into the field of self employment.
Since its inception the institute has trained more than one lakh entrepreneurs in
various fields with success rate about 30%.
Presently the institute is focusing on skill based training for the youth.
mission is to promote micro, small and medium enterprises through innovative and
need based entrepreneurship trainings.
The institute has to act as a national pace setter in the field of entrepreneurship
education, consultancy, research study, training and development.
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
27. National Science & Technology
Entrepreneurship Park (STEP)
The Science Parks and similar initiatives help in
creating an atmosphere for innovation and
entrepreneurship; for active interaction between
academic institutions and industries for sharing
ideas, knowledge, experience and facilities for the
development of new technologies and their rapid
transfer to the end user.
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
28. Objectives
To forge a close linkage between universities, academic
and R&D institutions on one hand and industry on the
other.
To promote entrepreneurship among Science and
Technology persons, many of whom were otherwise
seeking jobs soon after their graduation.
To provide R&D support to the small-scale industry
mostly through interaction with research institutions.
To promote innovation based enterprises.
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
29. Centre for Entrepreneurship
Development(CED)
Objectives of CED:
To promote self-employment and Entrepreneurship
culture .
To enhance employability of educated youth through
industry specific skill training
Women empowerment
NGO Capacity building for mass employment generation
in the rural areas.
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
30. Activities of CED
To conduct Entrepreneurship Awareness Camps in the colleges
To conduct Sector Specific Entrepreneurship Development
Programme
To conduct Faculty Development Programme in Entrepreneurship
To conduct Bankers / Development Officials Sensitization Programme
on Small Industry
To conduct Women Entrepreneurship Development Programme
To conduct Skill Development Courses in Catering Technology,
Fashion Technology and Information Technology.
To conduct NGO Capacity Building Programme
To undertake Industry consultancy services
To undertake research assignments
To collaborate with other agencies / organizations for mutually
beneficial activities Prof. SVK
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32. Significance and role of
Environment on ED
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33. Entrepreneurs are not born…….they are
made right from the childhood
The environment around the entrepreneur
makes an entrepreneur
Prof. SVK
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34. Environmental factors
Parents
Friends
Teachers
School atmosphere
Neighbourhood
Society around him
Prof. SVK
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35. Entrepreneurship is the result of the
interaction and assimilation of different social
and environmental factors
Prof. SVK
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36. Entrepreneurial Environment
Entrepreneurial Environment is a combination of
factors that play a role in the development of
entrepreneurship.
First, it refers to the overall economic, socio-
cultural, and political factors that influence
people’s willingness and ability to undertake
entrepreneurial activities.
Second, it refers to the availability of assistance
and support services that facilitate the start-up
process.
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
37. The available literature on entrepreneurial
environments can be grouped into three broad
streams:
general environmental conditions for entrepreneurship;
environmental conditions of a particular country or
region; and
the role of public policy in shaping the entrepreneurial
environments.
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
38. General Environmental
Conditions
General environmental conditions that may
influence entrepreneurship include:
legal and institutional frameworks for efficient
functioning of private enterprises
presence of experienced entrepreneurs and skilled
labor force
accessibility of suppliers and customers or new
markets
high degree of competition among firms
favorable government policies
provision of training and support services
supportive infrastructure
Prof. SVK
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39. In addition, the literature suggests that the
characteristics of people, their skills, experience, and
motivation, play important roles in new venture
creation
Prof. SVK
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40. Country/Region Specific Environmental
Conditions
Countries that keep rules and regulations at a minimum,
offer tax and other incentives, and provide training and
counseling services to start-up entrepreneurs increase
the likelihood of new venture start-ups.
Furthermore, factors such as availability of financial
resources, large size urban areas, and presence of
universities for training and research are found to be
very important to increase the rate of new venture
creation
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
41. Studies also show that entrepreneurs face several
obstacles, such as lack of financial assistance, lack
of information on various aspects of business,
excessive taxation, and high rate of inflation.
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
42. Role of Public Policy
Scholars that focused on the role of public policy suggest
several policy options for developing entrepreneurship.
These policy options include provision of
venture capital funds
tax-based incentives, and government procurement
programs
protection of proprietary ideas and innovations
investment in education and research
explicit recognition of, and support for, entrepreneurship by
government agencies
fostering of entrepreneurship by educational institutions
and minimization of entry barriers.
Prof. SVK
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45. Other motivating factors are:
Internal
External
Prof. SVK
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46. Internal factors
Family background
Education background
Training and work experience
Desire for achievement
Desire to head a unit
Prof. SVK
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47. External Factors
Availability of inputs or raw materials
Demand of the product and large profits
Availability of infrastructure and finances
Availability of technology
Short supply of the product
Government initiative and assistance
Ready availability of sick units
Prof. SVK
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48. Role of Infrastructural Network
Prof. SVK
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49. Prof. SVK
The basic infrastructure at the place of the
project help in
speedy implementation of the project
Reduce costs
Increase profitability
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50. Prof. SVK
Better or rapidly improving infrastructure in a
particular area may attract more
entrepreneurs and see enhanced
entrepreneurial activities
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51. Basic infrastructure requirements
Certain infrastructural elements seem to make
substantial impact on the entrepreneurial
environment.
modern transport and communication facilities that
provide easy access to suppliers and customers
Road Network
Connected to Rail
Ports
Airport
Prof. SVK
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52. Prof. SVK
location decisions of based on the community’s
ability to supply trained and capable workers and
on the proximity to research and development
institutions
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53. Prof. SVK
existence of universities and research and
development programs
a well-educated and technically skilled labor
force.
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54. Supporting industries
Climatic conditions
Logistic support
Electricity
water
Prof. SVK
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55. Role of Infrastructural Network
Most commercial operations such as venture
capital firms and commercial banks tend to
exhibit greater interest in concentrated, urban
areas that usually have a well-developed
infrastructure and concentrated demand for
funds
They also favour areas where businesses are
easier to supervise and monitor and the cost
of supervising and monitoring loans is
relatively low
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
56. The basic infrastructure at the place of the
project help in
speedy implementation of the project
Reduce costs
Increase profitability
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648
57. Better or rapidly improving infrastructure in a
particular area may attract more
entrepreneurs and see enhanced
entrepreneurial activities
Prof. SVK
Electronic copy available at: https://ssrn.com/abstract=3847648