Training and Entrepreneurship Development Programme in India

Importance of trainingMethods of trainingEDP- Need and importancePhases of EDPSelection of entrepreneurs for EDPTraining programme - Course contentsPre requisites of EDPOrganisations providing EDP

Importance of Training

• Ensures availability of skilled manpower at all management levels

• Enhancing abilities, potential among entrepreneurs

• Increase efficiency

• Maintain and enhance product quality

• Minimise wastages in production process

• Minimise accidents on the job

• Reduce fatigue and increase speed of work

• Standardisation in industry and internal processes

Methods of Training

• Individual instruction

• Group instruction

• Lecture method

• Demonstration method

• Written instruction method

• Conference

• Meetings

EDP

• Designed with an aim of encouraging self employment

• Imparts training and motivates potential and existing entrepreneurs to start new business or diversify and expand the existing one

• Helps employment and wealth creation among educated unemployed youth

• Well equipped to face risks and challenges as an entrepreneur

• Government needs considerable human and material resource, importance to detailed planning & implementation

Phases of EDP

• Select area from existing government policy guidelines/socio-economic reports

• Techno-economic survey of the selected area; feasibility study

• Identify potential and existing entrepreneurs interested in starting new business/expansion/diversification

• Training

• Follow up and consultancy services

Selection of entrepreneurs for EDP

• The programme is well publicised and promoted to attract maximum applications for screening

• Selection of top 25 to 30 applicants only

• Applications screened for:

– Demographics and socio cultural data – age, education, work exp, financial resources, type of business etc

– Motivation factors – pull factors, source of encouragement, credibility, endurance, concreteness of plans

– Psychological test results- traits like risk taking, need for achievement

Training – Course contents

• Introduction to entrepreneurship

• Motivation training

• Essentials of management

• Fundamentals of project feasibility study

• Organising the business

• Plant visit

Pre requisites of EDP

• Selection of entrepreneurs

• Inputs for EDP

• Support system

• Follow up

Organisations providing EDP

National Institute for entrepreneurship and Small Business Development (NIESBUD)

• Established by Government of India in 1983

• An apex body for coordination and supervison on activities of various institutes engaged in entrepreneurial development

• Helps evolution of EDP, model syllabi, effective training strategies, methodology, manuals and tools

• Activities undertaken:

– Organise and conduct training programmes– Coordinate training activities of various agencies/institutes– Provide affiliation to such institutes– Hold examinations and confer certificates to trainers and

trainees

Small Industries Service Institutes (SISI)

• Three months part time evening courses in management

• 4-6 weeks part time courses in intensive training in functional areas (marketing, finance)

• Special courses in quality control, HR, production planning, product development etc

• Mobile workshops imparting training on correct usage of tools and equipment

• Helps with preparation of plant layouts

• Helps individual firms on specific problems faced

Small Industries Development Organisation (SIDO)

• Runs EDP in collaboration with financial institutes, directorate of industries

• Gives on the job training on shop floor (carpentry, electrical devices)

• Sends its officials/trainers to organisations to update their knowledge

National Small Industries Corporation (NSIC)

• Provides apprenticeship for 2 years

• Training supervisory staff of SSI up to 2 years

• Training to engineers up to 2 years

• Training workmen for 12 months

• Training to set up own venture

• Advice on machinery and components

• Production of technologically advanced machines

Entrepreneurship Development Institute of India (EDII)

• Develops programmes for entrepreneurial training and development

• Develops innovative training techniques for trainers

• Focused attention on women entrepreneurs with first such EDP in 1988

• EDP for rural entrepreneurship development in U.P and Orissa

• Famous for organising camps on entrepreneurship

• Condusted EDP in Sri Lanka, Nepal, Ghana, Kenya etc

National Alliance of Young Entrepreneurs (NAYE)

• Contribution in encouraging women entrepreneurship

• Set up women’s wing in 1975

• This wing assists women in:

– Getting better access to resources, infrastructure, markets

– Identify investment opportunities

– Attending to problems of individual industries

– Sponsor participation in trade fairs, exhibitions, conferences

– Organise seminars, training programmes, workshops