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Traditional school of thought was that epreneurs are born and not made In the modern world it is believed that some entrepreneurs are born, but a large number can be educated and trained Therefore various EDP s are gaining importance
program of action designed to help an individual in strengthening his entrepreneurial motive and in acquiring skills and capabilities necessary for playing his entrepreneurial role effectively
To prove that need for Achievement can be indused. Mc Clelland conducted the Kakinada expreiment in collaboration with Small Industries Extension and Training Institute of Hyderabad Young persons were selected and put through 3 month training to guide them to set and achieve goals The Kakinada experiment could be treated as an imp basis for present day EDP s .
in 1971 India embarked upon a a massive entrepreneurship development Program At present about 686 all India and state level financial institutions and public sector banks conduct EDP s . Kakinada experiment made people appreciate the need for and importance of entrepreneurial training Based on this realization brought about by McClelland.
5. The surplus young energies can be diverted to self employment Development of backward and tribal areas . 3. Economic growth Balanced regional development Eliminates poverty and unemployment Optimum use of local resources Solves industrial problems Defuses social tension.youth feel frustrated if they do not get jobs after education.1. 7. 4. 6. 2.
Improves SOL 10 fulfillment of dreams . Successful launching of new units 9.8.
helps society and economy .guidance and finance Sustaining role.helps enterprise to survive in competitive environment by helping in modernization and diversification Socio economic role.provokes potentials Supportive role. EDP s play four major roles in entrepreneurial development Stimulatory role.
Interchange experience 5. Impart basic knowledge on the industry. production. Build necessary skills 7. Broaden vision of epreneurs 3. Impart customer education 8. Expose epreneur to latest development 6. product and methods of production . etc 2.1. Impart knowledge on marketing. Provide opportunities 4.
3.1. business. developing positive attitude and optimism. marketing.general knowledge on entrepreneurship. examples of successful entrepreneurs Skills development session-technical skill (based on business requirement). significance. entrepreneurial behavior. 2. Introductory session. etc Motivation training session. management and start up skills .focus on developing n ach.
Plant visit sessions . Fundamentals of project feasibility session 6. Support system and procedure sessionparticipants are exposed to support available from various institutions 5.4.
Pre-Training Phase Identification of operationally promising area Selection of a leader/co-ordinator for the programme Arrangement of infrastructure Environmental scanning for good business opportunities Establishing contacts with those who can contribute to the programme Getting application forms ready and distributed Forming selection committee to select trainees Preparing budget and organizing activities Basically pre training involves selection of potential epreneurs and arrangement of facilities for imparting training in the best possible manner 1. .
confidence building Facilitating decision making Successful and profitable operation of an enterprise Industrial exposure .2. Training Phase Generally 4-6 weeks on full time basis Motivation Reinforcement of epreneurial traits.
Post Training Phase Follow up and support This is important because when an entrepreneur is in implementing phase he/she faces problems Review of progress made by trainees Feedback from trainees to make training programme better .3.
1. Areas of operation.EDP activities are lacking in the North Eastern area . Structure and Composition structure needs to be different according to regional variations more practical training needs to be given Strong backing of Financial agency needs to be given more importance Role of Technical Consistency Organizations (TCO s) needs to be increased 2.
follow up and linking with other agencies 6. financial and voluntary institutions in the programme . Lack of specialist support. Lack of confidence. Low involvement of marketing.RM. power etc and poor infrastructure 7. Non availability of inputs.3.for selection.there is dependence on external faculty because of lack of in house 4.Majority of the institutions engaged in EDP are themselves not convinced of what they are doing. Non standardized course curriculum 8. Limited manpower. they take it as a task by the government 5.
Follow ups are taken lightly 12. Training under EDP is not sufficient and out dated .9. Training institutions do not show much concern for objective identification and selection of entrepreneur 11. Difference of opinion amongst practioners and trainers 10.
assessing effectiveness in developing n ach through observation and measuring increase in productivity . Quantitative evaluation.looking into how many participants have actually started their own enterprises after completing the training Qualitative evaluation.
In India there are various national and state level agencies that are engaged in organizing EDP s for first generation entrepreneurs .
to accelerate the process of eship development and ensure it reaches all sections of society 3. Support mechanism-To support institutions in carrying out activities relating to eship devlelopment 2. support to trainers.Established by GoI In 1983 Apex body for co ordinating and overseeing the activities of the various institutions and agencies engaged in entrepreneurship development. promoters and epreneurs . especially of small scale industry Objectives 1. Information supplier-To provide vital information.
4. train potentials to start their ventures and develop culture of entrepreneurship in the country 6.Conduct EDP s.identify. select. National and international forum. standardization-To evolve standardized materials and processes of selection and training of potential entrepreneurs 5.for exchange of experiences and interaction between entrepreneurs .
SelfEmployment (SEEUY.Leather . Electronics . Science & Technology Graduates . PMRY etc. Builders Hardware. School Leavers . TRYSEM. Sports Goods .Plastics. Ex-Servicemen (Veterans) . SC/OBC . Food . . Chemicals . Women. Readymade Garments.) (b) Product/Process Oriented . Trainers training programs Small business promoters programs Development officers orientation programs Continuing education programs for SSI entrepreneurs International training programs Entrepreneurship Development Programmes (a) Target specific such as General. Information Technology etc.
Kerela. SBI and the government of Gujarat They have organized programmes all over India including Port Blair. Goa and Haryana .Set in 1983 and has been sponsored by IDBI. ICICI. IFCI.
General Increase supply of entrepreneurs and encourage self employment To promote small enterprises at rural level and balanced development To collaborate with other institutions Specific To promote entrepreneurship in education Micro finance and micro enterprise development Workshops for academic community and entrepreneurs .
salesmanship. research and development of product design and processes CoursesAppreciation course in Industrial management Specialized courses in production. work study. marketing. etc . materials.SIDO has specialized institutions under it that are responsible for training. finance. export management Courses on inspection and quality control.
By GOI in 1960 To promote JV s For this purpose they have set up an Entrepreneurial Guidance Beaureau Head office.New Delhi .
Located at Hyderabad Provides training in industrial arrangement for SSI s Theoretical training. etc. plant visits Programmes in motivation. accounting. marketing. material management. production. 45 national and 15 international programs every year . quality control.
to improve performance of existing SSI units . Small Industries Management Assistance program (SIMAP). Skill cum technology management program(STMP).Set in 1990 Provides financial assistance to those institutions involved in conducting EDP s They have two special programs1.to develop industrial managers 2.
identify industrial potential They conduct pre investment studies and prepare project and feasibility study They undertake techno economic study . undertake market research. Established by the All India Financial Institutions They have set up 17 TCO s to provide industrial consultancy and training to epreneurs They identify potential epreneurs. provide them with technical and managerial assistance.
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