HIMALAYAN INSTITUTE

OF TECHNOLOGY
DEHRADUN
ASSIGNMENT 1
ENTREPRENEURIAL DEVELOPMENT PROGRAM

SUBMITTED BY : Anshika SUBMITTED TO : Mrs. Shagun Saroj

STUDENT CODE : 23125708
COURSE : BBA 1st semester
ENTREPRENEURIAL DEVELOPMENT PROGRAM (EDP)

Small Industries Extension and Training Institute (SIET 1974), now National
Institute of Small Industry Extension Training (NISIET), Hyderabad defined EDP as
“ an attempt to develop a person as entrepreneur through structural training .
The main purpose of such entrepreneurship development programme is to widen
the base of entrepreneurship by development achievement motivation and
entrepreneurial skills among the less privileged sections of the society.”
MAJOR PROBLEM FACED BY EDPs IN INDIA

EDPs suffer on many counts . The problems and lacunae are on the part of all those who are involved in the
process , be it the trainers and the trainees , the ED organisations, the supporting organizations , and the
state governments . The important problems EDPs face are not confined to the following only :

1. Trainer - motivations are not found upto the mark in motivating the trainees to start their own
enterprises
2. ED organisations lack in commitment and sincerity in conducting the EDPs. In some cases,
EDPs are used as means to generate surplus (income) for the ED organisations.
3. Non - conducive environment and constraints make the trainers-motivations role ineffective.
4. The antithetic attitude of the supporting agencies like banks and financial institutions serves
as stumbling block in the success of EDPs .

Thus, it is clear that the problem are not with the strategy but with its implementation.
 HOW TO MAKE
HOW TO MAKE EDPs
EDPs EFFECTIVE EFFECTIVE
IN INDIA

FOCUS ON
ACHIEVE SELECTION OF
MOTIVATION TRAINEES DESIGNING
TRAINING OF
TRAINERS VIABLE PROJECT
 1. FOCUS ON ACHIEVE MOTIVATION

In order to create the right impact on potential entrepreneurs it is essential to develop achievement
motivation amongst them through proper training may be a very successful entrepreneur who will serve as
role model for others and they will like to follow him .
2. SELECTION OF TRAINEES

Trainees should be selected after proper screening. Educated unemployed youth having an aptitude for self-
employment should be preferred having a traditional background in the chosen economic activity should be
preferred. Effort , money , and resources must not be wasted on those trainees , who lack requisite and
commitment .
3. TRAINING OF TRAINERS

The success of EDPs depends on the trainers . They should be committed , competent, and qualified . Trainers
must be fully acquainted with whatever is latest in their respective fields.
4. DESIGNING OF VIABLE PROJECT
Available project is feasible to implement in terms of availability of resources and market potentials. The EDP
organisers should prepare the projects keeping in mind local resources , funding , training ,requirements.

The entrepreneurial development agencies should select right people , impart right training and entrust
viable projects to make EDPs successful.
 SCHEMES LAUNCHED BY GOVERNMENT FOR PROMOTING
ENTREPRENEURSHIP IN INDIA

STARTUP ATAL ELECTRONIC

INDIA MUDRA STANDUP DEVELOPME
INNOVATI
SCHEME YOJANA INDIA NT FUND
ON
SCHEME SCHEME
MISSION
1. STARTUP INDIA SCHEME
This scheme was launched to promote and support startups in india by providing them with funding , tax
benefits , and other incentives . It also provides legal and regulatory support and helps startups to network
and collaborate with investors, mentors, and other entrepreneurs.
 2. MUDRA YOJANA SCHEME

This scheme provides financial assistance to small and micro enterprises , including startups , through loans
of up to INR 10 lakhs . The scheme has been designed to cater to the financial requirements of startups and
small businesses in the country.
3. STAND-UP INDIA SCHEME

This scheme was launched to promote entrepreneurship among women and SC/ST entrepreneurs. Under this
scheme , loans of upto INR 1 crore are provided to eligible entrepreneurs to start or expand their businesses.
 4. ATAL INNOVATION MISSION (AIM)
AIM is a government initiative that aims to promote innovation and entrepreneurship in the country . The
mission provides funding , mentorship , and other support to startups and entrepreneurs working on
innovative ideas.
5. ELECTRONIC DEVELOPMENT FUND (EDF)

The EDF is a fund set up by the government to provide financial assistance to startups and small businesses
working in the electronics and IT sectors. The fund provides equity , debt, and other forms of funding to
eligible companies .
THANKYOU