2. “ When you give a poor man fish, his immediate problem of hunger will be satisfied; if you teach him fishing, he will become a micro-entrepreneur and permanently get out of poverty” -A Chinese saying

3.  He possess the ability to recognize opportunities for successful introduction of New commodities New methods New material New source of supply and New industrial organization. Any one performs this function is an entrepreneur, whether he is ‘ dependent’ or ‘ independent’

4.  Entrepreneurship is essential for economic development, whatever be the economic and political set up of a country.  E.D is, therefore, an Endeavour to devise deliberate packages for stimulation, facilitation and acute support of entrepreneurial behaviour.

5.  Inherent capacity to select correct answers.  Energy, will and mind to overcome fixed thoughts and oppositions.  Intuition  Positive attitude  Skills  Knowledge  Innovation.etc.,

6.  Poor Esteem  Un sympathetic bureaucracy  Plethora of laws  Copycatism  Perceptions of Banks, Public, etc.,  Lack of proper infrastructure  Various interruptions

8. In Business the product is procured, stored, displayed and sold to the customers directly. Benefits:- Easy to start Direct contact with customers Can decide investment No investment in Plant & Machinery No investment in Equipments Textile Shops, Grocery Shops, Stationery Stores, Medical Stores, Sanitary Wares Shops, etc

9. In Service enterprise the requirement of the customer is made with the help of equipments. Benefits:- low risk, (low income) Direct contact with customers Low Investments No stock of raw materials Automobile Workshops, Service Stations, Tailoring Shops, Photostat, Photo studio, Colour labs etc

10. In an Industry the raw materials are turned to the finished goods by changing its properties or by assembling with the help of Plant & Machinery installed. Benefits:- Can decide what to produce Indirect contact with customers Can distribute the product to the area needed Can change the product according to the need of customers

12. CLASSIFIED ACCORDING TO INVESTMENT IN EQUIPMENTS MICRO: UP TO 10 LAKHS SMALL:UP TO 2 CRORES MEDIUM:UP TO 5 CRORES LARGE:ABOVE 5 CRORES

13. CLASSIFIED ACCORDING TO INVESTMENT IN PLANT & MACHINERY MICRO: UP TO 25 LAKHS SMALL:UP TO 5 CRORES MEDIUM:UP TO 10 CRORES LARGE:ABOVE 10 CRORES

17. PROJECT IDEA EXPERIENCE, FRIENDS, BOOKS, PERIODICALS, TRAVEL, EVENTS, CIRCUMSTATNCES THINKING ETC, ETC.

18. ANALISE THE IDEA DETAILED MARKET SURVEY, INFRASTRUCTURE NEEDED, RAW MATERIALS, TECHNICAL KNOW-HOW, PLANT & MACHINERY, FUNDS, LABOUR, POWER FUTURE DEMANDS ETC.

19. MSMED Part – I www.dic.kerala.gov.in Get a copy filed format and contact the concerned District Industries Centre for acknowledgement Panchayat / Municipal licence Power Connection Bank Loan NOCs from other agencies (KSPCB, F&B, Fire Force, DMO(H), Forest, Labour, BIS etc)

20. LOCAL BODY LICENCE Panchayat / MunicipalityPanchayat / Municipality Green Channel CounterGreen Channel Counter Single Window Clearance BoardSingle Window Clearance Board Power Connection Agriculture Residential Industrial Commercial

21. BANK LOAN ProjectProject Report BuildingBuilding plan, estimate QuotationsQuotations for P & M, Equipments, Electrifications MSMEDMSMED Part –I–I–I–I CollateralCollateral Security IDID Proof etc.

22. PROJECT REPORT IntroductionIntroduction LocationLocation PromoterPromoter LandLand & Building PlantPlant & machinery RawRaw Materials OtherOther Expenses, Power ManufacturingManufacturing Process MarketingMarketing SourceSource of Funds ViabilityViability

23. PROJECT REPORT EconomicsEconomics of the Project ProfitabilityProfitability RepaymentRepayment Chart for 5/7 years ProjectedProjected Profitability BreakBreak Even Point CashCash Flow ProjectedProjected Balance Sheet

24. MSMED Part - II After trial run, Commercial production is started.After trial run, Commercial production is started. MSMED Part – II like Part – IMSMED Part – II like Part – I www.dic.kerala.gov.inwww.dic.kerala.gov.in

25. SEMINARS TECHNOLOGY CLINICS EdpS SKILL UPGRADATION PROGRAMMES

26. Prime ministers employment generation programme (PMEGP) Manufacturing enterprises up to Rs. 25 LakhsManufacturing enterprises up to Rs. 25 Lakhs Service Enterprises up to Rs. 10 LakhsService Enterprises up to Rs. 10 Lakhs One Employment Generation per each Lakh fixed investment.One Employment Generation per each Lakh fixed investment. 15%, 25%, 35% Margin Money Subsidy up to Rs. 8.75 Lakhs.15%, 25%, 35% Margin Money Subsidy up to Rs. 8.75 Lakhs. Training needed.Training needed.