Entrepreneurship Development Programme: The Entrepreneurship Development Programme helps candidates learn the required skills and knowledge required to start or run their own enterprise effectively. This programme helps people build their motive and confidence while starting their business. Read the article here to learn about the Entrepreneurship development programme, steps, uses and benefits.
An Entrepreneurship Development programme is a programme developed with the objective of helping a person develop and strengthen their entrepreneur skills and capabilities. The programme help candidates capable enough to handle and run their enterprise successfully.
The programme helps to identify, develop and polish the skills of a candidate and make them well prepared for flourishing their business at a large scale.
Candidates learn a lot through this Entrepreneurship Development Programme. The major goal of a Entrepreneurship Development Programme are as follows:
Foster and strengthen the entrepreneurial quality in a person and helps them gain the motivation and plans required to fulfil their business ideas.
Analysing the setup based on the scale of business.
Develop Entrepreneurship Growth in country
Use of the available resource
Product or Service Requirement Analysis.
Getting Familiar with the procedure to create a successful business from scratch.
Learn about the technologies and support which can be available around.
Generation of employment opportunities.
Fund management
Merits and demerits of becoming an entrepreneur.
Learn how to analyze the risks and management techniques.
Prepare a implementation plan
Knowing the discipline of Entrepreneurship.
Dos and Don'ts in a Entrepreneurship
Entrepreneurship Development Programme (EDP) is a major requirement in todays rapidly changing business market. The program is designed to develop the skills, mindset and knowledge required to start a new business and grow in it. The major needs for the entrepreneurship development programme are given below.
Study without using the internet
Entrepreneurship development scales the opportunities for job creation at a large scale. However, the number of jobs created depend upon the size of the organization or business developed. This helps in reducing the unemployment rates and increasing the country’s economic growth. A successful business creates a lot of new employment opportunities in the surrounding area.
With the growth in entrepreneurship there will be growth in employment opportunities which will directly or indirectly influence the economic growth of a country. The new business growth will introduce the new products and services in the market. With the help of Entrepreneurship development programmes innovative ideas will be converted into successful business.
With the entrepreneurship development programme candidates with great innovative ideas and implementation plans succeed and create wealth for them as well as the community. The entrepreneurship development programme helps to develop the skills and knowledge required to start a new successful business.
When innovative ideas are implemented it helps to solve many existing problems. Many new products and services are introduced which make a social impact by helping people with their specific tasks. For example the development of UPI payment scheme helped many people all over the country to start paying and receiving money online.
A good Entrepreneurship Development Programme helps to learn important skills required to manage risks and uncertainties. It trains candidates to learn how to tackle an unpredicted situation and rise. The programme helps candidates learn how to become adaptable, resilient, and face the risks.
Today's market is rapidly changing and it is important to learn how to manage the market and develop a profitable business by smartly using the technologies and the knowledge available smartly. A good Entrepreneurship Development Programme is therefore required to spread a culture that celebrates entrepreneurship and help candidates succeed in viable career options.
India is also broadening its contribution in developing entrepreneurship and encouraging young youths in building their startups. Some of the major Entrepreneurship development programmes in India are given below.
This program focuses on encouraging and enlightening the youth about the field of entrepreneurship and its opportunities. They organize many programmes throughout the year to educate youth with the career opportunities and growth in the field of Entrepreneurship. These programmes are generally in polytechnic colleges where candidates have the skills to develop their own business and get self employed for better opportunities.
This programme aims at searching and screening people who are interested and working towards developing their own startup. They analyse their plan, objectives and services. They are encouraged to start a mid sized business and help them be aware about the government plans and schemes available for them.
With the help of E-SDP programmes candidates are trained with skills required for upscaling their business ideas. Many development training programmes are implemented to help people learn and equip them with the knowledge required. The programmes are organized throughout the country in various states and regions.
The programme objective is to develop the decision making skills in people who are planning to implement their own business ideas. Group discussion, opinions and suggestions on various topics are carried out during the programme.
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Get your eyes on some of the testimonials added by our esteemed students who have successfully completed this program and got a wide range of career opportunities.
At PW IoI we helped them by providing the well needed guidance, learning materials, updated curriculum and the much needed resources and the results are in front of us.