Everything You Need To Know About Entrepreneurship Development Programme

1. Creation of Job

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. 

2. Economic Growth

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.

3. Wealth Growth

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.

4. Problem Solving and Social Impact

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. 

5. Risk Management 

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.

6. Planning a Successful Business

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.

Entrepreneurship Development Programme in India

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.

1. Entrepreneurship Awareness Programmes (EAPs)

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. 

2. Industrial Motivation Campaigns (IMCs)

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.

3. Entrepreneurship-cum-Skills Development Programme (E-SDP)

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.

4. Management Development Programme (MDPs)

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.

PW IOI School of Management 

Come and experience a totally new and innovative way of learning with our four year Undergraduate Programme in Entrepreneurship and Management. The complete course will be covered by experts having good experience in their fields. Also, the course will be carried out offline in our high-tech campus consisting of many advanced facilities to help children learn and grow. 

Know more about our course on our website @pwioi.com. Hurry and grab your seats, get yourself prepared for the new opportunities and shape your future in the world of entrepreneurship.

PW AI Testimonials: Highlighting Our Quality Learning

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.