Entrepreneurship Development

Programme and Institutes

Dr. Akanchha Singh

Assistant Professor
Agricultural Extension and Communication
ENTREPRENEURSHIP DEVELOPMENT PROGRAMMES

 Entrepreneurs play a predominant role in accelerating the socio-economic development of a

country.
 Entrepreneurs are change agents who initiate economic activities to create wealth
 During early sixties, the small sector was considered as exclusively an employment generating
sector
 Considering the importance of small scale industries in employment creation and economic
development, the Govt of India envisaged promotional packages to facilitate setting up of new
enterprises.
 ENTREPRENEURSHIP DEVELOPMENT PROGRAMMES

 Entrepreneurship Development Programmes (EDPs) emerged and the pioneering effort in

this regard was taken up by Gujarat Industrial Investment Corporation (GIIC) and other
agencies who have organized a three month entrepreneurship development programmes
in late sixties.

 Earlier need for achievement was considered as most important factor for
entrepreneurship development. In later stages achievement motivation training has
become an integral part of EDP course curriculum.
 OBJECTIVES OF ENTREPRENEURSHIP DEVELOPMENT
PROGRAMMES

 Accelerating industrial development by enlarging the supply of entrepreneurs

 Developing entrepreneurial qualities and motivating the prospective entrepreneurs to achieve

the goal

 Enhancing the growth of small and medium enterprise sectors which offer better potential for
employment generation and dispersal of industrial unit
OBJECTIVES OF ENTREPRENEURSHIP DEVELOPMENT PROGRAMMES

 Providing productive self-employment avenues to a large number of educated and low educated
young men and women coming out of schools and colleges

 Improving performance of small and medium scale industries by the supply of carefully-selected and
trained entrepreneurs and diversifying sources of entrepreneurship

 Enterprise development in rural and no-industry areas where local entrepreneurship is not really
available and entrepreneurs from nearby towns are not easily lured.
 PHASES OF ENTREPRENEURSHIP DEVELOPMENT PROGRAMMES

Pre-training phase

Training Phase

Post-training Phase
PRE-TRAINING PHASE

Preparatory Phase for launching the programmes –

i) Identification of operationally-promising area, normally a district
ii) Selection of a project leader/course coordinator to coordinate the programme
iii) Arrangement of infrastructural facilities for the programme
iv) Undertaking potential industries survey/environmental scanning for identification of good
business opportunities
v) Planning the programmes on various fonts.
vi) Contacting the supporting agencies like DICs, MSME, banks, NSIC, District Magistrate, etc to
receive support in implementing the programme
vii) Organizing industrial motivational campaigns to mobilise as many number of applications as
possible.
 TRAINING

Training Phase

 Training potential entrepreneurs and providing them proper guidance for setting up
enterprise constitute the cornerstone of EDP.
POST TRAINING

Post-training phase is otherwise known as the phase of follow-up support. During this phase,
post training support services are rendered to the participants who have successfully
completed the Entrepreneurship Development Programme (EDP).
 ENTREPRENEURSHIP DEVELOPMENT INSTITUTE

1. National Institute for Entrepreneurship and Small Business Development (NIESBUD), New Delhi

2. National Institute of Micro, Small and Medium Enterprises (NIMSME), Hyderabad

3. Entrepreneurship Development Institute of India (EDI), Ahmedabad

4. Small Industries Development Bank of India

NATIONAL INSTITUTE FOR ENTREPRENEURSHIP AND SMALL
BUSINESS DEVELOPMENT (NIESBUD), NEW DELHI

 Apex body established by Ministry of Industry , Government of India

 Coordinating and overseeing the activities of various institutes, agencies involved in

entrepreneurship development in small industry as well as in small business.
 NATIONAL INSTITUTE FOR ENTREPRENEURSHIP AND SMALL
BUSINESS DEVELOPMENT (NIESBUD), NEW DELHI

Activities of the Institute include :

 Evolving model syllabus for training various groups

 Providing effective training strategies, methodology, manuals tools etc.
 Facilitating and supporting Central and State Government institutions in executing
programmes for entrepreneurship and small business development
 Conducting training programmes for trainers, motivators, and entrepreneurs
 Developing entrepreneurial culture in society.
 NATIONAL INSTITUTE OF MICRO, SMALL AND MEDIUM
ENTERPRISES (NIMSME), HYDERABAD

 This institute is a premier institute in development of small industries and small business
training

 The institute was set up in 1956 to develop the required manpower for running small scale
industries in the country.
NATIONAL INSTITUTE OF MICRO, SMALL AND MEDIUM
ENTERPRISES (NIMSME)

 To impart training to the persons engaged in SSI sector

 To undertake Entrepreneurship Development Training Programme(EDP)/ Management
Development Training Programme for the entrepreneurs
 To undertake research studies relating to small scale sector
 To provide consultancy services to the small and medium scale entrepreneurs
 ENTREPRENEURSHIP DEVELOPMENT INSTITUTE OF INDIA (EDI), AHMEDABAD

 Principal resource centre with special responsibility for promotion of entrepreneurial

movement in the country .

 It was established as an autonomous, non-profit institution sponsored by all India financial

institutions namely IDBI, IFCI, ICICI Ltd. SBI at Ahmedabad in 1983.
 ENTREPRENEURSHIP DEVELOPMENT INSTITUTE OF INDIA (EDI),
AHMEDABAD
The main functions of EDI are:
 To accelerate the process of entrepreneurship development ensuring its impact throughout the
length and breadth of the country
 To conduct training for trainers for the officers of promotional agencies banks, and the trainer-
motivators of IEDs and NGOs.
 To conduct EDPs.
 To provide professional assistance to various institutions for their entrepreneurial development
activities such as ICICI Ltd, and SBI
 To conduct workshops, seminars, conferences etc.
 To promote entrepreneurship development
 To act as the national resource institution committed to investment promotion entrepreneurship
education training and research.
 SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA

 The Small Industries Development Bank of India (SIDBI) was established in the year
1989 as a subsidiary of IDBI under a special act .

 The chief functions of SIDBI are the promotion and development of small scale
industries by the way of financing .

 It commenced its operation from April 2, 1980 with its Head Office at Lucknow.
 FUNCTIONS OF SIDBI
 To promote small scale industries in semiurban areas to create more employment
opportunities
 To undertake technological upgradation and modernization of existing small scale
industries
 To expand the channels for marketing the products of SSI sector on both domestic and
international markets
 To grant direct assistance and refinance for exports of small scale sector
 To provide factoring and leasing service
 GOVERNMENT POLICY AND PROGRAMMES FOR
ENTREPRENEURSHIP DEVELOPMENT

 The Industrial Policy Resolution (IPR), 1948 : Envisaged the importance of cottage & small
enterprises for employment creation and utilization of local resources and skills.
 The Industrial Policy Statement (IPR), 1956 : The policy recognized the role of SSIs in
providing employment opportunities, mobilizing local skills and capital
resources and integration with the large sector.
 The Industrial Policy Statement (IPR), 1977: Establishment of DICs focusing on
regional growth of industries & utilization of local resources and skill.
 The Industrial Policy Statement (IPR), 1980: Thrust areas were Industrial
infrastructure, higher productivity promotion of agro based industries,
consumer protection & quality control.
 The Industrial Policy Statement (IPR), 1990: Policy of economic liberalization & Introduce simple
procedures, formalities, rules & regulations.

 New Small Enterprise Policy (NSEP), 1991: This was made to provide adequate support to tiny and
micro enterprises. Thrust areas are
(1)Inclusion of industry- Business & service related enterprises irrespective of their location as
small scale industries
(2) Widen scope of National Equity Fund, enlarge Single window scheme and associate
commercial banks with provision of composite loan scheme.
(3) Financial support to entrepreneurs
(4)Setting up of technology development cell in SIDO
5) Setting up of Export development centre in SIDO
(6) Liberalization by limited partnership act
(7) Integrated infrastructure development system
(8) Technology development and equitable distribution of local & imported raw material on a
priority to small & tiny sector
(9) Improvement in incentive delivery system.
(10) Marketing, market promotion and export support modernization.
Micro Small and Medium Enterprises Development (MSMED) Act, 2006:

With a view to boost the development of small enterprises in the country, the Government of India has
enacted “Micro Small and Medium Enterprises Development (MSMED) Act, 2006 and also set up a
separate Ministry of Micro Small and Medium Enterprises. As per the Micro Small and Medium
Enterprises Act 2006, the MSMEs are defined as follows:

Manufacturing enterprises
Micro enterprises Investment up to Rs 25 lakh. ·
Small enterprises Investment above Rs 25 lakh & up to Rs 5 Crore. ·
Medium enterprises Investment above Rs 5 Crore & up to Rs 10 Crore.

Service enterprises ·
Micro enterprises Investment upto Rs 10 lakh. ·
Small enterprises Investment above Rs 10 lakh & up to Rs 2 Crore. ·
Medium enterprises Investment above Rs 2 Crore & up to Rs 5 Crore.
EXIM policy: EXIM policy is the export import policy of the government that is announced every five years. It is also
known as the Foreign Trade Policy. This policy consists of general provisions regarding exports and imports,
promotional measures, duty exemption schemes, export promotion schemes, special economic zone programs and
other details for different sectors. Every year the government announces a supplement to this policy. EXIM Bank of
India set up for promoting India's foreign trade has the following functions, segmented into three operation
groups.
(1) Overseas Investment Finance, which handles a variety of financing programmes for Export Oriented Units
(EOUs), importers and overseas investment by Indian companies.
(2) Project Finance / Trade Finance handles the entire range of export credit services such as supplier's credit, pre-
shipment credit, buyer's credit, finance for export of projects and consultancy services, guarantees etc.
3) Export Service Group offers a variety of advisory and value added information services aimed at investment
promotion.
Thank you