Entrepreneurial Development Programe (EDP)

7/29/2019 Entrepreneurial Development Programe (EDP)

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(EDP)


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Entrepreneurial Development Program (EDP)

designed to help a person in strengthening and

fulfilling his entrepreneurial motive and in

acquiring skills and capabilities necessary forplaying his entrepreneurial role effectively.


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EDP is primarily meant for developing those

first-generation entrepreneurs, who on theirown cannot become successful entrepreneurs.


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It covers three major variables

location,

target group and

enterprise (entrepreneurial activities).


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These program broadly envisage a three-tiered

approach

developing achievement motivation, sharpening of

entrepreneurial traits and behavior,

project planning, development and guidance on

industrial opportunities, incentives, facilities, rules

and regulations

developing managerial and operational capabilities.


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To promote the development of small and medium

enterprises

To provide special programs in the rural areas,

To generate employment and self-employment

opportunities

To develop entrepreneurial opportunities for potential

entrepreneurs and upgrade managerial skills for existing

entrepreneurs.


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It makes sure the availability of skilled workers at

all levels of management.

It increases the potential abilities of workers and

thus their performance

It enables workers to perform more efficiently and

precisely so as to maintain the quality of products.

It minimizes excessive scraps and wastage in the

production process.


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It minimizes accidents

Training reduces fatigue.

It reduces the labor turnover.

Training improves the good relations between employeesand Management

New techniques, Standardization can be easily adoptedthrough trained employees

Training enables employees to occupy higher positions ofauthority


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To impart basic knowledge about the industry,

product and production Methods

To build the necessary skills

To build up second line of workers and prepare themto shoulder responsibility

To expose the entrepreneur to the latestdevelopments

To broaden the vision of entrepreneurs by providingthem suitable opportunities

To impart customer education;


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Selection of the area from existing socio-economic

reports and policy guidelines.

A techno-economic survey in the selected area to

identify the opportunities for new and expanded

industries

Feasibility study on selected types of industry will

be carried out, including preparation of industry

profiles with investment opportunities.


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Identification of potential and existing

entrepreneurs who are interested to diversify orexpand their business

Training of these potential and existing

entrepreneurs to increase their motivation andequip them with the skills in management, project

feasibility study, project preparation etc.

Provision of follow-up and consultancy services inthe areas of management, marketing, production,

Financing, technology, loans etc.


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Introduction of Entrepreneurship

Motivation Training

Essentials of Management General Management Marketing Management

Production Management

Financial Management

Fundamentals of project feasibility

Organizing the business

Plant Visit

Entrepreneurial Development Programe (EDP)

Documents

Transcript of Entrepreneurial Development Programe (EDP)