Growth and Future prospects of MSME Industries in India
Industrial Entrepreneurship Development Program
Workshop Training Program > Industrial Entrepreneurship Development Program
Entrepreneurship Development Programme (EDP)
Entrepreneurship Development Programme (EDP) is a programme which helps in developing entrepreneurial abilities. The skills that are required to run a business successfully is developed among the students through this programme. Sometimes, students may have skills but it requires polishing and incubation. This programme is perfect for them. This programme consists of a structured training process to develop an individual as an entrepreneur.
Objectives of EDP
The objective of this programme is to motivate an individual to choose the entrepreneurship as a career and to prepare the person to exploit the market opportunities for own business successfully. These objectives can be set both in the short-term and long-term basis.
Long-term objectives
The ultimate objective is that the trained individuals successfully establish their own business and they should be equipped with all the required skills to run their business smoothly.
The overall objectives of EDP are mainly to help in the rapid growth of the economy by supplying skilled entrepreneurs. This programme primarily aims at providing self-employment to the young generation.
Short-term objectives
These objectives can be achieved immediately. In the short-term, the individuals are trained to be an entrepreneur and made competent enough to scan the existing market situation and environment. The person, who would be the future entrepreneur, should first set the goal as an entrepreneur. The information related to the existing rules and regulations is essential at this stage.
Phase of EDP During Summer\Winter Training
Basic Details - Advance EDP Course: Duration 14 hrs
Phase 1: Starting your startup
Idea Validation Workshop
Introduction
What is Entrepreneurship
Who are Entrepreneur
Stating your startup problem/hypothesis
Understating Scenarios
Idea feasibility analysis
Idea Validation
Closing pitches
Business Model Canvas Explained
The Business Model Canvas (BMC) is a strategic management tool to quickly and easily define and communicate a business idea or concept. It is a one-page document which works through the fundamental elements of a business or product, structuring an idea in a coherent way.
Phase 2: Testing your startup hypothesis:
Introduction
Creating a product/offering that sells
How to Industry Work
Industry Management
Cost & Financial Accounting of Company
Understating Customers
Creating better values
Creative disruption
Case Study
Phase 3: Evaluating your startup environment:
Introduction
Scanning the environment
Competition analysis
Four action frame work
Buyer utility map
Strategy Canvas
Industrial ERP Software
Web Designing Tool
Web Development for Company
Digital Marketing of Company
Social media optimization(SMO)
Search engine optimization(SEO)
Phase 4: Legals and government support:
Introduction
Types of legal entities
Making the choice
Paper Work and Costs
Government Policies
Introduction
Startup India Program
Standup India Program
MSME's
Introduction
Get, Keep, Grow Cycles
Web Platform Strategies
Physical Platform Strategies
Opportunities after EDP Course
You Can Start your own business
Refine your idea
Help a business plan
Assess your finances
Determine your legal business structure
Determine with the government Scheme
Purchase an insurance policy
Help Build your team
Choose your vendors
Brand yourself and advertise
Grow your business