ED Process complete design details on program

Ed process

1. Entrepreneurship Development:
Process, Stages and Interventions

2. Entrepreneurship Development:
Key Components

3. Stages Of
Entrepreneurship Development
GROWTH
SURVIVAL
EMERGENCE (START-UP)
EARLY SOCIALIZATION

4. (1) Early socialization
Creating literature
Short duration vacation camps
Visits to industries
Interactions with entrepreneurs/ achievers
from different fields
Competitions, debates
Success stories, Projection of Business
Role Models

5. (2) Emergence (Start-up)
Entrepreneurship education
Entrepreneurship training
Business Plan teaching/ training
Entrepreneurship orientation
Technical Training
Management Skills Development
Technology Demonstrations
Trade Fairs

6. (3) Survival
Accounting systems
Marketing and product promotion
Managing Human resources
Seminars and workshops on technology,
quality, operations, machine safety
Systems development

7. (4) Growth
Export marketing
R&D, Innovation, Value Addition
Diversification
Finance- IPO
Corporatization
Internationalization
Brand building
Succession planning

8. Micro-level Activities to Develop
Potential Entrepreneurs
• Identify and select potential entrepreneurs

Develop entrepreneurial behavior
 Link with viable & feasible business opportunities
 Help prepare business plans/ project report
 Equip with managerial understanding
 Organize finance, infrastructure and implementation
 Follow-up and trouble shooting

Development Program for New Enterprise Creation

9. Entrepreneurship Development
Programme for New Enterprise Creation
A Typical Model:
Pre - training/ preparatory phase
Training/ skill development phase
Post – training/ support phase

10. EDP MODEL
STAGE I : PRE-TRAINING - 3 to 6 weeks
 Understand socio-cultural factors
 Business Opportunity Identification
 Liaison with the support system
 Program Marketing
 Selection of potential entrepreneurs

11. …EDP MODEL
STAGE 2 : TRAINING – 4 to 12 weeks
 Information inputs
 Business Opportunity Identification
 Facilitate Market Assessment
 Entrepreneurial Competency Development
 Business Plan Formulation
 Managerial inputs
 Implementation – related inputs
 Technical inputs?

12. …EDP MODEL
STAGE 3 : POST-TRAINING –
About 6 weeks of continuous and 4 to 6 months of
support at regular interval
• Trouble shooting and counseling
• Documentation
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