1. Entrepreneurship Development Programme
Dr. Mohamed Riyazh Khan Dept of Management Studies

2. Entrepreneurship Development Programme
Need for EDP’s:
Traits or competencies are underlying characteristics of the entrepreneurs which result in superior performance.
People appreciate the need for and importance of the entrepreneurial training to induce motivation and competence among the young prospective entrepreneurs

3. Objectives of EDP’s
Develop and strengthen their entrepreneurial
quality
Analyse environmental set up relating to small
industry and business
Select product
Formulate project for the product
Understand the process and procedure
Know the sources of help and support available
Acquire the necessary managerial skills
Appreciate the needed entrepreneurial discipline

4. Other important objectives
Let the entrepreneur set or reset the objectives and strive for their realization
Prepare to accept the uncertainty involved
Enable to take decisions
Develop a broad vision
Make him subscribe to industrial democracy
Develop passion for integrity and honesty
Make him learn compliance with Law

5. Course contents and Curriculum of EDP’s
General introduction to Entrepreneurship - factors affecting small scale industries ,the role of entrepreneurs in economic development ,entrepreneurial behavior and the facilities available for establishing SSI
Motivation training
- Efforts are made to inject confidence and positive attitude and behaviour among participants towards business
3.Management skills
- Knowledge of managerial skills enables an entrepreneur to run his/her enterprise smoothly and successfully.

6. 4.Support system and Procedure
- support available from different institutions and agencies for setting up and running small scale enterprises
5.Fundamentals of Project Feasibility study
- provide guidelines on the effective analysis of feasibility or viability of the particular project
6.Plant visits
- to familiarize the participants with real life situations in small business ,plant visits are also arranged

7. Phases of EDPs
Pre- training phase
Training phase
Post- training phase

8. Phases of EDPs 1. PRE- TRAINING PHASE Selection of entrepreneurs
Arrangement of infrastructure
Tie-up of Guest faculty for the training purposes
Arrangement for inauguration of the programme
Selection of necessary tools and techniques
Formation of selection committee
Arrangement for publicity and campaigning
Development of application form
Finalization of training syllabus
Pre-potential survey of opportunities available

9. Phases of EDPs 2. TRAINING PHASE : Need for achievement
A trainer should see the following changes in the
behavior of the trainees
attitudinally tuned very much towards his proposed project ideas
motivated to plunge into entrepreneurial career and bear risk
How should he behave like an Entrepreneur
What kinds of Entrepreneurial traits he lacks the most
Whether he possess the knowledge of technology and resources
Does he possess the required skill in selecting the viable product; mobilizing the required resources at the right time

10. Phases of EDPs
3. POST-TRAINING PHASE: (Follow-up)
Review the pre-training work
Review the process of training programme
Review past training approach

11. Assessing the Effectiveness of EDPs
Activity level of the respondents
New enterprise established
Total investments made
Investments in the fixed assets made
Number of people employed
Number of jobs created
Increase in profit
Increase in sales
Quality of product/ service improved
Quicker repayment of loans

12. EDPs measured with Entrepreneurial behavior
Planning orientation
Achievement orientation
Expansion orientation
Management orientation

13. Problems faced by EDP
Trainer motivations are not found up to the mark in motivating the trainees to start their own enterprises.
ED organizations lack in commitment and sincerity in conducting the EDPs
Non conducive environment and constraints make the trainers-motivator role ineffective.
The antithetic attitude of the supporting agencies.
Selection of wrong trainees also leads to low success rate of EDP