This document provides information about entrepreneurship development. It defines entrepreneurship as starting new organizations, particularly new businesses, in response to opportunities. It discusses the concept and process of entrepreneurship development, including identification, evaluation and exploitation of opportunities. It also discusses motivation factors for entrepreneurship development, both internal factors like education and family background, and external factors like government assistance. Finally, it describes entrepreneurship development programs, including their functions like providing training, financial assistance, and follow-up support to entrepreneurs.
4. Enterprenuarship is the practice of
starting new organizations, perticularly
new business generally in response to
defined opportunities.
5. BAHAL IN (2008)
1) Entreprineurship Is the process of
comprising the following component.
A) IDENTIFICATION
B) EVALUATION
C) EXPLOTATION OF OPPERTUNITIES
2) The management of new transfar org. so as
to facilate production & marketing of new
goods and services .
3) The creation of new ideas .
6. Enterprineurship Is a process comprising of
several distinct stages . This process may be
in the form of the following stages .
1. Use of new methods of production
2. opening of new market
3. opening of new channel
4. forming a new form of organisation to
function efficinetly
7. INTERNAL FACTOR
1) Educational background
2) Occupational experience
3) Desire to work independently
4) Desire to branch out to manufacturing
5) Family background
8. 1) Assistance from government
2) Assistance from financial institutions
3) Availability of technology
4) Other factors of production
9. The first enterpreneural development
programme was started by STATE BANK OF
INDIA IN (1978 ). The EDP consist of three
distinct phases
1. Initiation phase
2. Develoment phase
3. Support phase
The following schemes initiated under EDP
1 Entrepreneur scheme
2 Equity fund scheme
3 Special capital scheme
10. FUNCTION OF THE EDP
Provide information
Training of entrepreneur
Financial assistance
Rules & regulation
Follow –up support
Selection of entrepreneurs
Training input
Sponsoring of technical consultancy org.
Preparation of directory
Co-ordination