13735241 Entrepreneurial Development in India and EDP

8/2/2019 13735241 Entrepreneurial Development in India and EDP

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Entrepreneurship Management

Training and Entrepreneurship

Development Programme in India

Importance of training

Methods of trainingEDP- Need and importance

Phases of EDP

Selection of entrepreneurs for EDP

Training programme - Course contentsPre requisites of EDP

Organisations providing EDP


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Importance of Training

Ensures availability of skilled manpower at all managementlevels

Enhancing abilities, potential among entrepreneurs

Increase efficiency

Maintain and enhance product quality

Minimise wastages in production process

Minimise accidents on the job

Reduce fatigue and increase speed of work

Standardisation in industry and internal processes


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Methods of Training

Individual instruction

Group instruction

Lecture method

Demonstration method

Written instruction method

Conference

Meetings


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EDP

Designed with an aim of encouraging self employment

Imparts training and motivates potential and existingentrepreneurs to start new business or diversify and

expand the existing one

Helps employment and wealth creation among educatedunemployed youth

Well equipped to face risks and challenges as anentrepreneur

Government needs considerable human and materialresource, importance to detailed planning & implementation


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Phases of EDP

Select area from existing government policyguidelines/socio-economic reports

Techno-economic survey of the selected area; feasibility

study

Identify potential and existing entrepreneurs interested instarting new business/expansion/diversification

Training

Follow up and consultancy services


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Selection of entrepreneurs for EDP

The programme is well publicised and promoted to attractmaximum applications for screening

Selection of top 25 to 30 applicants only

Applications screened for:

Demographics and socio cultural data age, education, workexp, 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


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Training Course contents

Introduction to entrepreneurship

Motivation training

Essentials of management

Fundamentals of project feasibility study

Organising the business

Plant visit


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Pre requisites of EDP

Selection of entrepreneurs

Inputs for EDP

Support system

Follow up


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Organisations providing EDP


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National Institute for entrepreneurship andSmall Business Development (NIESBUD)

Established by Government of India in 1983

An apex body for coordination and supervison on activitiesof various institutes engaged in entrepreneurialdevelopment

Helps evolution of EDP, model syllabi, effective trainingstrategies, 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


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Small Industries Service Institutes(SISI)

Three months part time evening courses in management

4-6 weeks part time courses in intensive training infunctional areas (marketing, finance)

Special courses in quality control, HR, production planning,product development etc

Mobile workshops imparting training on correct usage oftools and equipment

Helps with preparation of plant layouts

Helps individual firms on specific problems faced


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Small Industries DevelopmentOrganisation (SIDO)

Runs EDP in collaboration with financial institutes,directorate of industries

Gives on the job training on shop floor (carpentry, electricaldevices)

Sends its officials/trainers to organisations to update theirknowledge


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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


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Entrepreneurship DevelopmentInstitute of India (EDII)

Develops programmes for entrepreneurial training anddevelopment

Develops innovative training techniques for trainers

Focused attention on women entrepreneurs with first suchEDP in 1988

EDP for rural entrepreneurship development in U.P andOrissa

Famous for organising camps on entrepreneurship

Condusted EDP in Sri Lanka, Nepal, Ghana, Kenya etc


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National Alliance of YoungEntrepreneurs (NAYE)

Contribution in encouraging women entrepreneurship

Set up womens 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

13735241 Entrepreneurial Development in India and EDP

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