Presented by:Nitin Agarwal

MBA IIIrd Sem

Roll No. 38

An EDP consists of following three broad phases:

a) Pre training phase

b) Training phase

c) Post training phase (Follow-up)

An EDP consists of following three broad phases:

a) Pre training phase

b) Training phase

c) Post training phase (Follow-up)

A.) Pre-training Phase

The activities and preparations required to launch the programme come under this phase.

It includes:

i. Designing of Course Curriculum or Contents.

ii. Exploring & Selecting appropriate faculty and resource persons.

iii. Insertion of advertisement.

iv. Screening & selection of potential entrepreneurs.

A.) Pre-training Phase

The activities and preparations required to launch the programme come under this phase.

It includes:

i. Designing of Course Curriculum or Contents.

ii. Exploring & Selecting appropriate faculty and resource persons.

iii. Insertion of advertisement.

iv. Screening & selection of potential entrepreneurs.

B.) Training Phase

The main objective of this phase is to bring desirable change in the behaviour of trainees.

The behavioural changes that need to be measured and monitored through the training programme are :

a) Raising the motivation level of entrepreneurs.

b) Developing a goal directed behaviour pattern.

B.) Training Phase

The main objective of this phase is to bring desirable change in the behaviour of trainees.

The behavioural changes that need to be measured and monitored through the training programme are :

a) Raising the motivation level of entrepreneurs.

b) Developing a goal directed behaviour pattern.

c) Raising positive thinging & belief.

d) Arousing and raising change oriented innovative psyche

e) Arousing & raising a psyche of risk-seeker.

f) Developing a high degree of self confidence.

g) Developing a psyche of responsibility seeker.

h) Developing a strong sense of perseverance & commitment.

c) Raising positive thinging & belief.

d) Arousing and raising change oriented innovative psyche

e) Arousing & raising a psyche of risk-seeker.

f) Developing a high degree of self confidence.

g) Developing a psyche of responsibility seeker.

h) Developing a strong sense of perseverance & commitment.

C.) pOst-training or follow –up phase

This phase involves the assessment to

judge how far the objectives have been achieved.

The purpose behind EDP follow-up is to:

a) Review the pre-training work.b) Review the process of training programme.c) Review past training approach.

C.) pOst-training or follow –up phase

This phase involves the assessment to

judge how far the objectives have been achieved.

The purpose behind EDP follow-up is to:

a) Review the pre-training work.b) Review the process of training programme.c) Review past training approach.

Selecting Area

Techno-Economic survey of the area and Introduction of EDP to the Community

Prepare PFS for selected types of industries

Revision of Curriculum

Advertising of EDP training course

Symposium

Selecting Participants

EDP training

Follow-up

Post-training Assistance

Fig: EDP flow chart

Selecting Area

Techno-Economic survey of the area and Introduction of EDP to the Community

Prepare PFS for selected types of industries

Revision of Curriculum

Advertising of EDP training course

Symposium

Selecting Participants

EDP training

Follow-up

Post-training Assistance

Fig: EDP flow chart

Entrepreneurial performance is a function of the following factors:

a) Socio cultural background of the entrepreneur (SB).

b) Motivational force (MF)c) Knowledge and ability of entrepreneurs (KA)d) Financial Strength (FS)e) Environmental Variables (EV)

Symbolically Entrepreneurial Performance (EP) can be represented in the following way:

EP = f(SB, MF, KA, FS & EV)

Entrepreneurial performance is a function of the following factors:

a) Socio cultural background of the entrepreneur (SB).

b) Motivational force (MF)c) Knowledge and ability of entrepreneurs (KA)d) Financial Strength (FS)e) Environmental Variables (EV)

Symbolically Entrepreneurial Performance (EP) can be represented in the following way:

EP = f(SB, MF, KA, FS & EV)

Entrepreneurship Development Institute of India, Ahmedabad had undertaken a nationwide evaluation study on the effectiveness of EDPs.Table: Performance of the sample EDPs at a glance

Entrepreneurship Development Institute of India, Ahmedabad had undertaken a nationwide evaluation study on the effectiveness of EDPs.Table: Performance of the sample EDPs at a glance

Description Numbera) EDPs covered (Sample size)b) EDP trainees covered in sample EDPsc) Sample trainees interviewedd) Sample trainees not available & non-traceablee) Number of units set-up by EDP traineesf) Trainees actively under processg) Trainees blocked under processh) Trainees who gave upi) Non-traceable traineesj) Start-ups among non-availablek) Non start-ups among non-availablel) Expected final start-up rate (e+f+j)

14512958654302777812938114659225414

The major findings of this study are:

1. One out of four trainees actually started his/her enterprise after completing EDPs.

2. The final start-up rate is higher around 32 percent.

3. About 10 percent trainees are found blocked due to various reasons at various stages in the process of setting up their enterprise. If proper assistance is not provided they may add to the category of 29 percent trainees who have already dropped the idea of setting up their own enterprises.

4. 17 percent have given up the idea of starting their ventures as they were engaged in other activities.

The major findings of this study are:

1. One out of four trainees actually started his/her enterprise after completing EDPs.

2. The final start-up rate is higher around 32 percent.

3. About 10 percent trainees are found blocked due to various reasons at various stages in the process of setting up their enterprise. If proper assistance is not provided they may add to the category of 29 percent trainees who have already dropped the idea of setting up their own enterprises.

4. 17 percent have given up the idea of starting their ventures as they were engaged in other activities.

The following main criteria can be employed to

comment on the performance of entrepreneurs:

i. Financial Results

ii. Gestation Period

iii. Capacity Utilisation

iv. Expansion and Diversification

v. Value Addition

vi.Other Factors

The following main criteria can be employed to

comment on the performance of entrepreneurs:

i. Financial Results

ii. Gestation Period

iii. Capacity Utilisation

iv. Expansion and Diversification

v. Value Addition

vi.Other Factors

1. No policy at the national level2. Problems at the pre-training phase3. Over estimation of trainees4. Duration of EDPs5. Non-availability of infrastructural facilities6. Improper methodology7. Non availability of competent faculty8. Poor response of financial institutions

1. No policy at the national level2. Problems at the pre-training phase3. Over estimation of trainees4. Duration of EDPs5. Non-availability of infrastructural facilities6. Improper methodology7. Non availability of competent faculty8. Poor response of financial institutions

1. Emphasis on stimulating, supporting & sustaining activities.

2. Model based EDPs3. Focus on achievement motivation4. Designing of viable projects5. Selection of trainees6. Training of trainers7. Duration of EDPs

1. Emphasis on stimulating, supporting & sustaining activities.

2. Model based EDPs3. Focus on achievement motivation4. Designing of viable projects5. Selection of trainees6. Training of trainers7. Duration of EDPs

1. Creation of employment opportunities2. Capital Formation3. Balanced Regional Development4. Use of Local Resources5. Improvement in per capita income6. Improvement in standard of living7. Economic independence8. Preventing industrial slums9. Reducing Social Tension10. Facilitating overall Development

1. Creation of employment opportunities2. Capital Formation3. Balanced Regional Development4. Use of Local Resources5. Improvement in per capita income6. Improvement in standard of living7. Economic independence8. Preventing industrial slums9. Reducing Social Tension10. Facilitating overall Development

1. Entrepreneurial Development - S.S. Khanka

2. Entrepreneurial Development - C.B. Gupta & N.P. Srinivasan

3. Fundamentals of Entrepreneurship – Sood & Arora

1. Entrepreneurial Development - S.S. Khanka

2. Entrepreneurial Development - C.B. Gupta & N.P. Srinivasan

3. Fundamentals of Entrepreneurship – Sood & Arora

Thank You!!! Thank You!!!