Presented by: Nitin Agarwal MBA IIIrd Sem Roll No.

38

An EDP consists of following three broad phases:

a) b) c)

Pre training phase Training phase Post training phase (Follow-up)

A.) Pre-training Phase

The activities and preparations required to launch the programme come under this phase. It includes:
i. ii.

Designing of Course Curriculum or Contents. Exploring & Selecting appropriate faculty and resource persons. Insertion of advertisement. Screening & selection of potential entrepreneurs.

iii. iv.

B.) Training Phase

The main objective of this phase is to bring desirable change in the behaviour of trainees. The behavioural changes that need to be measured and monitored through the training programme are :
a) b)

Raising the motivation level of entrepreneurs. Developing a goal directed behaviour pattern.

c) Raising positive thinging & belief. d) Arousing and raising change oriented innovative psyche e) Arousing & raising a psyche of risk-seeker. f) Developing a high degree of self confidence. g) Developing a psyche of responsibility seeker. h) Developing a strong sense of perseverance & commitment.

C.) pOst-training or follow up phase

This phase involves the assessment to judge how far the objectives have been achieved. The purpose behind EDP follow-up is to: Review the pre-training work. b) Review the process of training programme. c) Review past training approach.
a)

Selecting Area Techno-Economic survey of the area and Introduction of EDP to the Community Prepare PFS for selected types of industries Revision of Curriculum Advertising of EDP training course Symposium Selecting Participants EDP training Follow-up Post-training Assistance

Fig: EDP flow chart

Entrepreneurial performance is a function of the following factors: a) Socio cultural background of the entrepreneur (SB). b) Motivational force (MF) c) Knowledge and ability of entrepreneurs (KA) d) Financial Strength (FS) e) Environmental Variables (EV) Symbolically Entrepreneurial Performance (EP) can be represented in the following way: EP = f(SB, MF, KA, FS & EV)

Entrepreneurship Development Institute of India, Ahmedabad had undertaken a nationwide evaluation study on the effectiveness of EDPs.
Table: Performance of the sample EDPs at a glance

Description
a) b) c) d) e) f) g) h) i) j) k) l) EDPs covered (Sample size) EDP trainees covered in sample EDPs Sample trainees interviewed Sample trainees not available & non-traceable Number of units set-up by EDP trainees Trainees actively under process Trainees blocked under process Trainees who gave up Non-traceable trainees Start-ups among non-available Non start-ups among non-available Expected final start-up rate (e+f+j)

Number
145 1295 865 430 277 78 129 381 146 59 225 414

The major findings of this study are:

1.

One out of four trainees actually started his/her enterprise after completing EDPs. The final start-up rate is higher around 32 percent. About 10 percent trainees are found blocked due to various reasons at various stages in the process of setting up their enterprise. If proper assistance is not provided they may add to the category of 29 percent trainees who have already dropped the idea of setting up their own enterprises. 17 percent have given up the idea of starting their ventures as they were engaged in other activities.

2. 3.

4.

The following main criteria can be employed to comment on the performance of entrepreneurs:
i. ii.

Financial Results Gestation Period Utilisation and Diversification

iii. Capacity

iv. Expansion v.

Value Addition Factors

vi. Other

No policy at the national level 2. Problems at the pre-training phase 3. Over estimation of trainees 4. Duration of EDPs 5. Non-availability of infrastructural facilities 6. Improper methodology 7. Non availability of competent faculty 8. Poor response of financial institutions
1.

1. 2. 3. 4. 5. 6. 7.

Emphasis on stimulating, supporting & sustaining activities. Model based EDPs Focus on achievement motivation Designing of viable projects Selection of trainees Training of trainers Duration of EDPs

1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

Creation of employment opportunities Capital Formation Balanced Regional Development Use of Local Resources Improvement in per capita income Improvement in standard of living Economic independence Preventing industrial slums Reducing Social Tension Facilitating overall Development

1. 2.

Entrepreneurial Development - S.S. Khanka Entrepreneurial Development - C.B. Gupta & N.P. Srinivasan Fundamentals of Entrepreneurship Sood & Arora

3.

Thank You!!!