Question

“Number of institutes has been set up by government as well as private agencies to encourage entrepreneurship in our

country”. Explain any six institutions involved in entrepreneurship development programme
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Answer 1

Answer:

OBJECTIVES OF ENTREPRENEURIAL DEVELOPMENT

PROGRAMIVIES

Following are the main objectives of entrepreneurial development programmes :

(1) Promotion of Cottage and Small Scale Industries : The main objective of EDP is to provide, in the rural areas, special programmes designed to stimulate new ventures and encourage expansion of existing activities of small and medium scale industries.

(2) Generation of Employment Opportunities : EDP aims to encourage self-employment among potential entrepreneurs. It generates employment and self-employment opportunities in the processing of indigenous raw materials for local consumption and for exports.

(3) Promotion of First-Generation Businessmen : One of the main objective of EDP is to encourage first generation

entrepreneurs who do not have any business background.

(4) TO Crouto Awareness about Availability of the Resources : It, aims to front,on wnroncss about the available resources„ such rnw material, technology etc. in the prospective ontropronours.

(5) To import Training : The main objective of EDP is to in donut and train potential entrepreneurs. It impart training in mnnngorinl understanding and skills. It also provide post training assistance and monitoring facilities.

(6) To Develop a Broad Vision : One of the objective of EDP is to doyolop n broad vision to see the business as a whole and to integrate his functions with it.

(7) To Remove Doubts of Entrepreneurs and to give solutionlion to their Problems : New entrepreneurs have to face many problems in the establishment and operation of business. To remove doubts of entrepreneurs and to give solution to their problem is one of the main aim of EDP. It helps the entrepreneurs to set or reset the

objectives of their business and work individually and along with his group for their realisation.

(8) To create a successful entrepreneur : One of the main aim of EDP is to create the successful entrepreneurs. It provides constructive direction for those who choose a career path different from traditional roles.

(9) Creation of Conductive and healthy environment for the growth of entrepreneurs : The process of entrepreneurial development focuses on training, education, reorientation and creation of conductive and healthy environment for the growth of enterprises