ENTREPRENEURSHIP

DEVELOPMENT PROGRAMME

Shalaka Deshpande
Roll no. 328
 AGENDA

 Meaning of EDP
 Objectives of EDP
 Factors affecting entrepreneurial growth
 Phases of EDP Programme
 Selection of entrepreneurs for EDP
 Training Course Contents
 Institutes conducting EDP
 Issues of EDP
 Conclusion
 MEANING OF EDP

 Process of Training and Motivation

 Strengthening and fulfilling entrepreneurial
motive
 Acquiring skills and capabilities
 Develop first generation entrepreneurs
 Covers three major variables : Location, Target
group and enterprise
 OBJECTIVES OF EDP

 Develop and Strengthen entrepreneurial quality

 Prepare entrepreneur for the uncertainties involved in the
business
 Enhancing abilities, potential among entrepreneurs
 Increase efficiency
 Maintain and enhance product quality
 Develop passion for integrity and honesty
 Make him learn compliance with law
 Assist in developing broad vision about business
 FACTORS AFFECTING
ENTREPRENEURIAL GROWTH

 Economic Factors  Non Economic Factors

 Capital  Legitimacy of
Entrepreneurship
 Labour
 Social Mobility
 Raw Material
 Security
 Market
 PHASES OF EDP

 Select area from existing government policy

guidelines/socio-economic reports
 Techno economic survey of the selected area i.e.
Feasibility study
 Identify potential and existing entrepreneurs
interested in starting new business / expansion /
diversification
 Training
 Follow up and consultancy services
 SELECTION OF
ENTREPRENEURS FOR EDP

 The programme is well publicised 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 experience, financial resource, type of business.
 Motivation factors – pull factors, source of encouragement,
credibility, endurance, concreteness of plans.
 Psychological test results – traits like risk taking, need for
achievements
 TRAINING COURSE
CONTENTS

 Introduction to entrepreneurship
 Motivation Training
 Essentials of Management
 Fundamentals of Project Feasibility study
 Organising the business
 Plant Visit
INSTITUTES CONDUCTING
EDP

 Entrepreneurship development Institute of India (EDII)

 National Science and Technology Entrepreneurship
Board
 Indian Institute of Entrepreneurship, Guwahati
 Small Industries Development Organisation (SIDO)
 National Institute of Small Industry Extension training
(NISIET), Hyderabad
 National Institute for Entrepreneurship and Small
Business Development (NIESBUD), Noida
 ISSUES OF EDP

 Structure and Composition of EDPs

 Areas of Operation
 Fixing Priorities
 Lack of specialist support
 OPERATIONAL
PROBLEMS
 Inherent Inability
 Diverse opinions
 No proper strategy
 Low institutional commitment
 No local support
 Non-availability of inputs
 Poor follow-up
 No adequate research facilities
 Lack of creativity and commitment
 CONCLUSION

 More efforts on part of government for

development of entrepreneurship.
 Encourage and assist first generation
entrepreneurs through consultancy and training.
 Let the existing help and support reach every
aspiring entrepreneur in the country.
 Encourage youngsters to become successful
entrepreneurs.
THANK YOU