Vinoth-Entrepreneurship Development Programme

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 Entrepreneurship Development Programme (EDP) Submitted by: Vinoth G Submitted to: Mrs. Savitha Nair Subject: Entrepreneurship development Date : 03.02.12

Transcript of Vinoth-Entrepreneurship Development Programme

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Entrepreneurship Development Programme (EDP)

Submitted by: Vinoth G

Submitted to: Mrs. Savitha Nair

Subject: Entrepreneurship development

Date : 03.02.12

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Entrepreneurship Development Programme (EDP)

This would be a program set in place to encourage the development of privately owned and funded

 businesses. An example may be a low rate interest rate loan from the bank for small businesses EntrepreneurialDevelopment Programme or simply EDP means a program which is designed to help a person in strengthening andfulfilling his entrepreneurial motive and in acquiring skills and capabilities necessary for playing his entrepreneurialrole effectively

An Entrepreneurship Development Programme (EDP), of 6-8 weeks duration, aims at training the S&Tgraduates and the diploma holders in the essentials of conceiving, planning, initiating and launching an economicactivity or an enterprise successfully. 

The programme content includes class room training on essentials of entrepreneurship survey of the prevalent socio - economic scenario, identification of business opportunities, role and function as well as schemes of assistance offered by various constituents of the support system, preparation of a technically feasible andeconomically viable project report, Achievement Motivation Training and also the nuances of management of an

enterprise. Sessions on technology and finance are also arranged, depending upon the nature of project selected. 

Special EDPs are being conducted with more emphasis on linkages with R&D institutions to take up projects based on indigenous technologies and services, in the area of high technology, such as leather, plastics, bio-medical equipment, high speed data communication and other emerging areas of technology.

For example, a programme has been undertaken in collaboration with the Institute of Plasma Research, Ahmedabad,for setting up plasma technology-based enterprises.

The Programme and training in technology-related aspects

The project proposals for special EDPs can be submitted by an R&D institution or specialised traininginstitution in entrepreneurship development. In either case the involvement of the other group is mandatory. AllEDPs are conducted by specialised institutions.

Starting a small business can be challenging. Entrepreneurs and small business owners are faced with manyhurdles and sometimes don¶t have the resources they need to help them make tough decisions. The InnovationCenter at Rogers State University has solved this problem by developing an online Entrepreneur DevelopmentProgram.

This program services Oklahoma communities and rural areas. The program will take entrepreneursthrough eleven essential areas of small business ownership. No matter what type of business you are starting or arecurrently involved in, this program is sure to provide a wealth of information.

How the Program Works 

  The non-credit program includes access to the online course as well as virtual business support through theInnovation Center staff.

  Individuals may enroll in the program at any time and proceed at their own pace. Upon completion of the program, they will receive a certificate of completion.

  When the program is utilized from beginning to end, participants will be equipped with an overallknowledge of all areas of entrepreneurship

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Module Topics 

The Entrepreneur Development Program consists of eleven learning modules. These modules have information inregard to entrepreneurship, starting a business, and managing a business to include:

  Entrepreneurship  Business Plan Rationale

  Writing a Business Plan  Sources of Funding  Entity Selection  Taxes  Accounting  Financial Statements  Marketing  Management  Employment Laws

Features 

  24/7 Access from anywhere at anytime  Downloadable examples of a sample business plan and sample financial statements  Access to Innovation Center staff   Free access to three small business workshops (limit 3 - valid up to six months from enrollment date)

Benefits 

  Fits in with your busy schedule  Learn how to directly apply the information you are learning  Unlimited access to professionals who can assist with individual business needs

Program Cost 

Enrollment in the program is $95 and includes:

  Access to the online course  A lesson book that encompasses all of the course materials for future reference  Virtual business support through Innovation Center staff   Certificate of Completion upon successful finishing of the course

Orientation Sessions 

Interested participants in the online entrepreneurial program should register to attend an orientation sessiongiven by the Innovation Center staff. These introductory sessions are available monthly at all three locations atconvenient times such as evenings, and weekends. These sessions are free and will provide an overview of thematerial, as well as provide tips for how participants can get the most from the program. Participation in theorientation sessions is not a commitment to program enrollment.

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Institute for EDP

The Entrepreneurship Development Institute of India (EDI), an autonomous and not-for-profit Institute, set up in

1983, is sponsored by apex financial institutions - the IDBI Bank Ltd., IFCI Ltd., ICICI Bank Ltd. and State Bank of 

India (SBI). The Government of Gujarat pledged twenty-three acres of land on which stands the majestic and

sprawling EDI campus.

EDI¶s success led by its strong sense of commitment culminated in recognition of its achievements by the

Government of India and various state governments. In the international arena, efforts to develop entrepreneurship

 by way of sharing resources and organising training programmes, have helped the EDI earn accolades and support

from the World Bank, Commonwealth Secretariat, UNIDO, ILO, FNSt, British Council, Ford Foundation, European

Union and several other renowned agencies.