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CPG3D/BPZ5C/CPW3C ENTREPRENEURIAL
DEVELOPMENT
Unit : I - V
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UNIT I- Syllabus •Concept of Entrepreneurship •Meaning •Types •Qualities of an entrepreneur •Classification of entrepreneurs •factors influencing entrepreneurship •functions of entrepreneurs.
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Entrepreneurship
“Entrepreneurship is the purposeful activity of an individual or a group of associated individuals, undertaken to initiate, maintain or aggrandise profit by production or distribution of economic goods or services” - A.H.Cole
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Who is an entrepreneur?
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Who is an entrepreneur?
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“Entrepreneurship is the capacity for innovation, investment and expansion in new markets, products and techniques” Nathaniel H. Left
Entrepreneurial process
The fits and gaps in entrepreneurial process https://carmelguangco.wordpress.com/2012/08/18/the-fits-and-gaps-in-entrepreneurial-processtimmons-model/
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Traits that makes an entrepreneur
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An entrepreneur is one who possess all these enterprising skills
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Functions and theories of an entrepreneur
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Functions and theories of an entrepreneur
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Types and classification of an entrepreneur
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Functions of an entrepreneur
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What makes an entrepreneur? https://youtu.be/92ZmzD70sOU 3 conditions to become an entrepreneur https://youtu.be/ao6e-b8phFM 3 ways entrepreneurship creates value to the economy https://youtu.be/i_pxPnCak3E 3 things needed to be an entrepreneur https://youtu.be/ao6e-b8phFM
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Common characteristics of a successful entrepreneur https://youtu.be/e5sbQpq1VGg Difference between businessmen and entrepreneur. https://youtu.be/vwNv_K059qY Theories of entrepreneurship https://youtu.be/bBydFrDNugI Story of a young entrepreneur https://youtu.be/c7fTDDmnNQw
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Factors influencing entrepreneur
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Entrepreneurial Development Agencies •Commercial banks •District industries centre •National small industries corporation •Small industries development organisation •Small industries service institute •All India financial Institutions •SIPCOT and its objectives •MSME sector and its coverage •Objectives and ministry of MSME •Role and functions of MSME •Development organisations •Objectives of SIDCO •Functions of TN SIDCO •IRBI and its role •NABARD and its role in the rural development of India •Introduction to Micro units development refinance agency
UNIT II- Syllabus
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Different services by Banks and Institutions
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Role of commercial banks in entrepreneurial development
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SISI-Small Industries service institute
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Industrial credit and Investment Corporation of India
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Role of Small Scale Industries
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Social Entrepreneurship
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Development Banks Functions
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Importance of Financial assistance
Entrepreneur Needs Finance: 1. To start an industry 2. For acquiring fixed assets 3. To developing product 4. To develop Men and Machine
at work 5. Encourage management to
make progress
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Entrepreneurship Development Institute of India
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Importance of Financial assistance
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Industrial Development Bank of India
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Industrial Finance Corporation of India
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National Agricultural and Rural Development
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National Small Industries Corporation
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District Industries Centre
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Project Management • Business Idea generation techniques •Identification of Business opportunities •Feasibility study •Marketing Feasibility •Financial Feasibility •Technology & Legal Formalities •Preparation of Project report •Tools of Project Appraisal
Unit III- Syllabus
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Identification of Business opportunities
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Sources of Innovation
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Idea Generation
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Process of business idea generation
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Techniques of Business Idea generation
Methods of brainsorming - https://youtu.be/2bNvs_qElIw
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Scamper method -https://youtu.be/qRY-1YAmbY4
Techniques of Idea generation
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Techniques of Business Idea Generation
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Creative Problem-solving methods
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Feasibility study
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Role of feasibility analysis in developing business idea
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Environmental and Marketing aspects
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Marketing Feasibility- stages in New Product Development
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How to be an entrepreneur https://youtu.be/lJjILQu2xM8
Assessing ones self interest and their confidence
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Tools for Project appraisal
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Contents of a project report
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Think out of the box https://youtu.be/jQoY0zw215A Team Building method https://youtu.be/c7fTDDmnNQw
Methods of Generating Ideas
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Unit IV- Syllabus
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Entrepreneurial development Programmes •Entrepreneurial development Programmes •Role , relevance and achievements •Role of Government in organising EDP’s •Critical evaluatiom
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Entrepreneurial Development Programme
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Objectives of EDP
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The Need for EDP
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Phases of EDP
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Entrepreneurial development programme- http://slideplayer.com/slide/9853857/
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EDP helps one in
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Role of Government in organising EDP
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Role of Government in organising EDP
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Role of Government in organising EDP
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Types of EDP in India
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Problems of EDPs
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Process of EDP
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Evaluation of EDP
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EDP acts as a path way to identify your hidden abilities
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Unit V-Syllabus
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Economic Development and Entrepreneurial Growth •Role of entrepreneur in economic growth •Strategic approaches in changing economic scenario for small scale entrepreneurs •Networking •Niche play •Geographic concentration •Franchising/Dealership •Development of women entrepreneurship •Self-help groups and women empowerment in India •Financing SHG and their role in micro-financing •Financial inclusion and its penetration in India •Challenges and Government role in Financial inclusion •Pradhan Mantri Jandhan yojana •Six pillars of its mission objectives
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Franchising
Franchising http://www.entrepreneur.com/encyclopedia/franchising
Basics of Franchise http://franchises.about.com/od/franchisebasics/a/what-franchises.htm
Advantages and Disadvantages of Franchising http://www.thebfa.org/join-a-franchise/advantages-and-disadvantages-of-franchising
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Franchising is one of the options for an entrepreneur to enter a business.
It is becoming more & more popular form of business now –a- days.
It enables an entrepreneur to go into a business with MINIMUM RISKS & also without much knowledge & experience in the business.
It can also be used as an alternative strategy for an entrepreneur to expand his business.
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Franchising
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Levels of franchise operation
Difference between Franchisor and Franchisee http://www.franchiselawsolutions.com/library/franchisor-vs-franchisee-new-york-business-and-franchise-lawyer.cfm
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Networking • Every member acts as an
independent distributor and builds his own network.
• It involves minimum capital and risk & success in selling depends upon each distributor’s own skill, competence & selling ability.
• Unlike conventional selling where top people make more money as per hierarchy, network marketing provides an opportunity to earn according to one’s equitable contribution of efforts in income generation.
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Networking
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Niche play
•Customers are finding it very difficult to choose a product / service that suits their preferences. •Even the supplier doesn’t understand how to address the needs of every customer. •The companies are forced to target niche markets for their products.
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Niche Marketing
Marketing strategies https://www.slideshare.net/rbdalwadi11/chapter-4-31617735
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Geographic Concentration
Geographic concentration means concentration of industries in a certain geographic region.
The decision to locate business venture in geographically concentrated area depends on the Availability of finance, Type of product Consumer behaviour & Target customers.
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Why should women become an entrepreneur?
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Successful women entrepreneurs of India https://youtu.be/hjGTJp36GzY
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Classification of women entrepreneur
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Successful women entrepreneurs of India https://youtu.be/hjGTJp36GzY
Story of a women entrepreneur https://youtu.be/Z8SEnBAbRaA
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Government measures for women empowerment
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Role of an entrepreneur in Economic Development
Entrepreneurship and economic development: The economy has changed https://youtu.be/3K_HYae-V0A
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MUDRA for Small Entrepreneurs
Experience shared about Mudra scheme by women entrepreneur https://youtu.be/RUSBLtHIerM
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Role of entreprenur in economic development https://youtu.be/VLYDK_X15Kk
Role of an entrepreneur in Economic Development
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Role of an entrepreneur in Economic Development
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