Entrepreneurial

Development Cycle
 Introduction
 edp is a key to achieve overall
economic development through higher
level of industrial activity.
 focus on training, education,
reorientation and creation of conducive
and healthy environment for growth of
enterprises.
Cont……………………
 it helps a person in
strengthening
fulfilling
entrepreneurial motive and acquiring
skills
capabilities for playing his role.
 Training is only one of the
segment in the process of edp.
 defination
• Edp is nothing but any attempt to
develop potential entrepreneurs through
classroom training.
 Entrepreneurial
development cycle
 support- provide
infrastructural facilities for
establishment of enterprise
Cont……………………
 Stimulatory- helping to sustain
and do better by modernization,
diversification and providing need
based facilities
Cont………………
 Sustaining- stimulate
entrepreneurial growth by
motivating creating and fostering
entrepreneurial spirit
 objectives
• Provide information for setting up
new business
• Dissemination of knowledge on
financial , technical and managerial
aspects
 support
 Registration of unit
 Arranging finance
 Providing land , shed, power , water
 Guidance for selecting and obtaining
machinery
 Supply of scarce raw, materials
 Getting licences /import licences
 Providing common facilities
Cont……………….
 Granting tax relief or other subsidy
 Offering management consultancy
 Help marketing product
 Providing information
 sustaining
 Help modernization
 Help diversification/expansion/substitute
production
 Additional financing for full capacity
utilization
 Deferring repayment/interest
 Diagnostic industrial extension,consultancy
source
Cont……………
 Production units legislation/policy
change
 Product reservation/ creating new
avenues for marketing
 quality testing ,improve services
 Need based common facilities centre
 simulatory
 Entrepreneurial education
 Planned publicity for entrepreneurial
opportunities
 Identification of potential entrepreneurs
through scientific method
 Motivational training to new entrepreneurs
 Help and guidance in selecting products and
preparing project report
Cont………………….
 Making available techno-economic
information and product profit
 Evolving locally suitable new product
and processes
 Availability of local agencies with
trained personnel for entrepreneurial
counseling and promotions
 Creating entrepreneurial form
 Recognition of entrepreneurial skills
THANK U