ENTREPRENEURSHIP DEVELOPMENT

PROGRAMME
 Introduction
• Programme to develop entrepreneurial abilities among the people.
• • Inculcation, development and polishing of entrepreneurial skills into a
person needed to establish and successfully run the enterprise.
• • Widen base of entrepreneurship by development, achievement and
motivation.
Entrepreneurship
Development
Programme
• A programme conducted to help a person in
strengthening his entrepreneurial motive and
in acquiring skill and capabilities required for
promoting and running an enterprise
efficiently.

• A programme which is conducted with a

motive to promote potential entrepreneurs,
understanding of motives, motivational
pattern, their impact on behavior and
entrepreneurial value
 Develop and Analyse Understand the
strengthen the environmental set process and
entrepreneurial up relating to procedure
quality, i.e. small industry and involved in setting
motivation or small business. up a small
need for enterprise.
achievement.

Objectives
Know the sources Acquire the Know the pros
of help and necessary and cons in
support available managerial skills becoming an
for starting a required to run a entrepreneur.
small scale small-scale
industry. industry.
Need for EDP

1. It facilitates in removal of industrial slums because it leads for decentralization of industries.

2. It facilitates in harnessing of locally available resources by providing training and education to the
entrepreneurs.

3. It create employment opportunities and reduce the problem of unemployment.

4. It mobilizes idle savings of the people into productive investment and helps in capital formation.

5. It helps in improving standard of living of people.

6. It facilitates balanced regional growth and development.

7. It develops entrepreneurial qualities through education, training and orientation programmes.

 Stimulatory
Role

Role of
Entrepreneurship Socio-
Support Role
Development Economic Role

Programme
Sustaining
Role
 It influences people to become
entrepreneurs.
• Develop managerial, technical, financial
and marketing skills.

Stimulatory • Develop personality traits.

• Promote entrepreneurial behavior and
values.
Role • Identify people who can be potential
entrepreneurs.
• Motivate and train people to have positive
attitude.
• Help in selection of products and
preparation of project reports.
 Supportive Role

It supports to set up a business.

1. Registration of business.
2. Procurement of funds.
3. Arrange for land, power, water, etc.
4. Purchase of right kind of machinery and equipment.
5. Getting licenses and providing tax relief, subsidy, etc.
6. Providing guidance in marketing the product.
 Sustaining Role

It helps the business to sustain against the cut-throat market

competition.
1. Help Modernsation
2. Help diversification/ expansion
3. Quality testing and improving services
4. Need based common facilities center
 It aims to upgrade socio-
economic status of the public.
Socio – • Create employment opportunities in
micro, small and medium industries.
Economic • Promote regional development in a
balanced manner.

Role • Promote equal distribution of income

and wealth of the nation.
• Use the latent resources for setting up
an enterprise.
Government and EDP

Entrepreneurship Development Programmes are being organized regularly to

nurture the talent of youth by enlightening them on various aspects of
industrial activity required for setting up MSEs. These EDPs are generally
conducted in ITIs , Polytechnics and other technical institutions, where skill
is available to motivate them towards self-employment.
INSTITUTIONS SET UP BY CENTRAL
GOVERNMENT
KHADI AND VILLAGE INDUSTRIES COMMISIION (KVIC)

NATIONAL SMALL INDUSTRIES CORPORATION (NSIC)

NATIONAL INSTITUTE FOR ENTREPRENEURSHIP AND SMALL BUSINESS

DEVELOPMENT (NIESBUD)

INDIAN INSTITUTE OF ENTREPRNEURSHIP (IIE)

SMALL INDUSTRIES DEVELOPMENT ORGANIZATION (SIDO)

SMALL SCALE INDUSTRIES BOARD (SSIB)

INSTITUTIONS AT THE STATE
GOVERNMENT LEVEL
• DISTRICT INDUSTRIES CENTER (DIC)
• STATE FINANCIAL CORPORATIONS (SFC)
• STATE INDUSTRIAL DEVELOPMENT CORPORATION (SIDC)