Steps Taken In Entrepreneurship Development Programmes

Training and Entrepreneurship

Development Programme in India

Contents:-


Importance of training


Methods of training


EDP- Need and importance


Phases of EDP


Selection of entrepreneurs for EDP


Training programme - Course contents


Pre requisites of EDP


Organisations providing EDP



Importance of Training

• Ensures availability of skilled manpower at all management levels.

•Enhancing abilities, potential among entrepreneurs

•Increase efficiency

•Maintain and enhance product quality

• Minimise wastages in production process

•Minimise accidents on the job

•Reduce fatigue and increase speed of work

•Standardisation in industry and internal processes



Methods of Training

• Individual instruction

•Group instruction

•Lecture method

•Demonstration method

• Written instruction method

•Conference

•Meetings



EDP (Need and Importance)

• Designed with an aim of encouraging self employment.

• Imparts training and motivates potential and existing entrepreneurs to start new business or diversify and expand the existing one.

• Helps employment and wealth creation among educated

unemployed youth.

• Well equipped to face risks and challenges as an

entrepreneur.

•Government needs considerable human and material

resource, importance to detailed planning & implementation.



Phases of EDP

• Select area from existing government policy

guidelines/socio-economic reports.

• Techno-economic survey of the selected area; feasibility

study.

• Identify potential and existing entrepreneurs interested in

starting new business/expansion/diversification.

• Training.

• Follow up and consultancy services.



Selection of entrepreneurs for EDP

•The programme is well publicised and promoted to attract maximum applications for screening.

• Selection of top 25 to 30 applicants only

• Applications screened for:

–Demographics and socio cultural data – age, education, work

exp, financial resources, type of business etc

–Motivation factors – pull factors, source of encouragement,

credibility, endurance, concreteness of plans

–Psychological test results- traits like risk taking, need for

achievement



Training – Course contents

• Introduction to entrepreneurship

• Motivation training

• Essentials of management

• Fundamentals of project feasibility study

• Organising the business

•Plant visit

Organisations providing EDP

National Institute for entrepreneurship and


Small Business Development (NIESBUD)

• Established by Government of India in 1983.

•An apex body for coordination and supervison on activities

of various institutes engaged in entrepreneurial

development.

•Helps evolution of EDP, model syllabi, effective training

strategies, methodology, manuals and tools.

•Activities undertaken:

–Organise and conduct training programmes.

–Coordinate training activities of various agencies/institutes.

–Provide affiliation to such institutes.

–Hold examinations and confer certificates to trainers and

trainees.



Small Industries Service Institutes (SISI)

•Three months part time evening courses in management

•4-6 weeks part time courses in intensive training in

functional areas (marketing, finance)

•Special courses in quality control, HR, production planning,

product development etc

• Mobile workshops imparting training on correct usage of tools and equipment

• Helps with preparation of plant layouts.

•Helps individual firms on specific problems faced.



Small Industries Development


Organisation (SIDO)

• Runs EDP in collaboration with financial institutes,

directorate of industries.

• Gives on the job training on shop floor (carpentry, electrical

devices).

• Sends its officials/trainers to organisations to update their

Knowledge.



National Small Industries Corporation (NSIC)

• Provides apprenticeship for 2 years

•Training supervisory staff of SSI up to 2 years

•Training to engineers up to 2 years

•Training workmen for 12 months

• Training to set up own venture

•Advice on machinery and components

•Production of technologically advanced machines



Entrepreneurship Development Institute of India (EDII)

•EDP for rural entrepreneurship development in U.P and Orissa .

• Develops programmes for entrepreneurial training and
  development.

•Develops innovative training techniques for trainers.

•Focused attention on women entrepreneurs with first such EDP in 1988.

• Famous for organising camps on entrepreneurship.

•Condusted EDP in Sri Lanka, Nepal, Ghana, Kenya etc .



National Alliance of Young Entrepreneurs (NAYE)

• Contribution in encouraging women entrepreneurship

•Set up women’s wing in 1975.

•This wing assists women in:

–Getting better access to resources, infrastructure, markets.

–Identify investment opportunities.

–Attending to problems of individual industries.

–Sponsor participation in trade fairs, exhibitions, conferences.

–Organise seminars, training programmes, workshops.