As the term itself denotes, EDP is a programme meant to develop entrepreneurial abilities among the people. In other words, it refers to inculcation, development, and polishing of entrepreneurial skills into a person needed to establish and successfully run his / her enterprise. Thus, the concept of entrepreneurship development programme involves equipping a person with the required skills and knowledge needed for starting and running the enterprise.
2. After Independence it was found that most of the industrial
growth was limited to a few areas and confined to few top business
houses .
Government decided to encourage entrepreneurial activities and
ventures through various incentives in both industrially backward
and rural areas.
Various agencies and institutions were engaged in
entrepreneurship development activity. Main thrust of these was to
provide technological , financial , market and morale support to the
potentials of entrepreneurs, who act as catalyst agents of change.
3. Entrepreneurial
Development
Program(EDP)
EDP may be defined as
“a programme designed to help an individual in
strengthening his entrepreneurial motive and in
acquiring skills and capabilities necessary for
playing his entrepreneurial role effectively”.
4. NATIONAL INSTITUTE FOR ENTREPRENEURSHIP AND
SMALL BUSINESS DEVELOPMENT (NIESBUD)
• Highest body, established in 1983 by the Ministry of industry,
Government of India.
• Entrusted the task of coordinating the activities of different
agencies engaged in the task of entrepreneurship development.
• Confines it’s training activities to such areas where no
organisation is coming forward for organising programmes and
which is totally new.
• Aims at creating conducive environment for emergence of
entrepreneurship.
5. Functions
Evolving effective training strategies and methodology.
Formulating scientific selection procedure.
Developing training aids, manuals and other tools.
Facilitating and supporting agencies engaged in entrepreneurship
development .
Conducting such programmes which are not undertaken by other
agencies.
Maximising their benefits and accelerating the process of
entrepreneurship development.
Organising all those activities that help develop entrepreneurial culture
in society.
6. ENTREPRENEURSHIP
DEVELOPMENT INSTITUTE OF INDIA
(EDII)
It is a national institute set up
by Public Financial Institutions
and Government of Gujarat. It
promotes research , training
and institution building
activities by encouraging
active participation of
backward areas and special
target groups in
entrepreneurship.
7. 1. Selecting potential entrepreneurs.
2. Achievement motivation training .
3. Product selection and project report
preparation.
4. Business management training.
5. Practical training and work experience.
6. Post training support and follow up.
The programme run by EDII is said to be the oldest, largest,
most comprehensive, best organised and the most successful
entrepreneurship development programme in the country.
Its Entrepreneurship development programme consists of
8. TECHNICAL CONSULTANCY
ORGANISATIONS (TCOs)
Various state governments in association with all India
financial institutions have promoted various technical
consultancy organisations to provide technical consultancy
and training to prospective entrepreneurs. These
organisation provide a comprehensive package of services to
potential entrepreneurs.
9. Functions
Finding out industrial potential .
Undertaking feasibility studies and preparing
project profiles.
Conducting marketing research.
Imparting technical and managerial training.
It aims to provide assistance to entrepreneurs right
from starting of their enterprise to successful
management of same.
10. INDIAN INVESTMENT
CENTRE
(IIC)
It is a non profit centre promoted and supported by the
Government of India. It aims at promoting mutually beneficial
joint venture between Indian and Foreign entrepreneurs. It
provides relevant information to the foreign investors, desirous
of making investment in our country. It promotes collaborations
between Indian and foreign entrepreneurs.
11. Besides these there are several other
important institutions providing assistance
for entrepreneurial development such as -
Xavier institute of social services, Ranchi
Xavier institute of Ranchi has been training rural entrepreneurs
since 1974. It assists the trainees in drafting project proposals
and in obtaining the required finance. It also offers a six month
programme to tribals. The programme consists of :
i. Identification and selection of candidates
ii. Motivation training
iii. Managerial training
iv. Financial assistance
12. Madhya Pradesh Consultancy Organization LTD
This is a technical and management consultancy organization. It
was promoted by all-India financial institutions and state
corporations. It conducts entrepreneurship development
programmes for four target groups : technical graduates,
unemployed graduates, scheduled castes and scheduled tribes and
women.
Calcutta “Y” self employment centre (CYSEC)
This center was organized as a registered society by a number of
prominent industrialists, businessman, bankers, professionals and
social workers. It’s target group is youths between 18 and 30 years
of age who are currently without regular employment. The centre
provides unemployed youth with vocational training and
assistance in establishing their own business.