Entrepreneurship Development Programms
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The major motto of this ppt is to ignite entrepreneurship skills and manifestation of corporate skills among the students lacking in entrepreneurial skills.
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Entrepreneurship Development Programms
- 1. V.Madhusudhan Goud Head of the Department Department of Management Studies G.Pullaiah College of Engineering & technology, Kurnool 11/23/2015 1
- 2. Develop and strengthen their entrepreneurial quality –motivation or need achievement. Analyze the environment set up relating to small business. Select the product Formulate the project for the product Understand the process and procedure involved in small business Know the financial support institutions Acquire necessary managerial skills required to run an enterprise Pros and cons in becoming an entrepreneur. 11/23/2015 2
- 3. Six weeks duration. 1.General Introduction to entrepreneurship a. Factors affecting small scale entrepreneurship b. Role of entrepreneurs in economic development c. Entrepreneurial behavior d. Facilities available for establishing small scale enterprises. 11/23/2015 3
- 4. 2.Motivation training: training programs to build confidence and positive attitude among participants. Sometimes inviting guest entrepreneurs who already started and got succeed in their business. 3.Management skills: since large organizations employ more people to take up multiple tasks but small entrepreneur cannot do this, but need to know multiple areas knowledge like finance, marketing, production. 4.Support systems and procedure 5.Fundamentals of project, feasibility study 6.Plant visits 11/23/2015 4
- 5. 1.PreTraining Phase: activities and preparations required to launch the programmes comes here a. Selection of entrepreneurs b. Arrangement of infrastructure c. Tie up guest faculty for training d. Inauguration programme e. Selection of necessary tools and techniques to select entrepreneurs f. Formation of committees and for selecting trainees g. Publicity media h. Development of application form i. Training syllabus 11/23/2015 5
- 6. Training phase: purpose is to develop need for achievement-motivation among the trainees. Is she/he attitudinal tuned towards their proposed project idea? Is the trainee motivated and bear risk in it? Is their any change in the attitude and perceptual change in the trainee? How to behave like an entrepreneur? Entrepreneurial traits lacks in trainee? Knowledge on technology, resources by trainees. 11/23/2015 6
- 7. Post training phase: objective is to prepare trainee to start up their business review of pre-training work Review the process of training programme Review the past training approach 11/23/2015 7
- 8. According to survey for 4 trainees -26% actually started his /her enterprise after undergoing training. 10% people blocked due to problems in various stages. 29% people given up their idea of setting up business Problems due to EDPs: 1.Trainer motivation 2.Lack of EDPs commitment towards organizing, only surplus generation 3.antithetic attitude of supporting agencies 4.Selection of wrong trainees 11/23/2015 8
- 9. Criteria to assess the effectiveness of EDPs in motivating the entrepreneurs: 1.Activity level of the respondents 2.New enterprise established 3.Total investments made 4.Investments in fixed assets made 5.Number of people employed 6.Number of jobs created 7.Increase in profits 8.Increase in sales 9.Quality of product improved 10.Quicker repayment of laons 11/23/2015 9