ENTREPRENEURSHIP DEVELOPMENT

Introduction to entrepreneurship: Meaning, Process, Importance & benefits
Classification of Entrepreneurship
Types of entrepreneurs
Entrepreneurial Competencies (Personal Entrepreneurial Competencies, Venture Initiation and Success Competencies)
Role of Entrepreneurship in Economic Development (Export Promotion and Import Substitution
Factors affecting growth of Entrepreneurship
Barriers to entrepreneurship
Promotional schemes for women entrepreneurs
Social Entrepreneurship
Introduction to Social Entrepreneurship
Characteristics and Role of Social Entrepreneurs
The Perspective of Social Entrepreneurship
Social Entrepreneurship in Practice
Boundaries of Social Entrepreneurship
Practical- Identify a social entrepreneur and trace out what sparked him /her to become a social entrepreneur. Elaborate what and how he/she solved the social problem.

Need for opportunity identification and Selection
Environmental Dynamics and Change
Business opportunities in Various sectors
Identification of Business Opportunity
Idea Generation:
Idea Processing and Selection; Pre-start-up Implementation – Assembling Necessary Inputs; Establishing the Enterprise and Start-up Stage – Start-up Operating objectives, Positioning the Enterprise
Brainstorming, Focus Groups, Surveys, Customer advisory boards,
Use of IPR to protect ideas.
Opportunity / Product identification
Opportunity Selection
Practical - Visit any Small-scale production unit in your area and prepare a report regarding the same.

Business plan: Meaning, importance
Elements of a business plan (Market Feasibility, Technical Feasibility and Financial Viability)
Preparation of a business plan
Determinants of effective business planning
Types of venture
Opportunities analysis
Impact of External Environment on New Venture
Legal requirements for establishment of a new unit
Family Business: Concept, structure and kinds of family firms
Culture and evolution of family firm
Managing Business, family and shareholder relationships
Conflict and conflict resolution in family firms
Managing Leadership, succession and continuity
Women’s issues in the family business
Encouraging change in the family business system.
Practical - Case study on -The Murugappa Group, The Wadia Group

Meaning and Need for Financial Planning
Arrangement of funds:
Traditional sources of financing, Loan syndication, Consortium finance, Angel Investors, Venture Capitalists/Accelerators/Incubators, Crowdfunding
Role played by commercial banks
Appraisal of loan applications by financial institutions
Institutional Finance:
Need For Institutional Finance
State Financial Corporations
Small Industries Development Bank of India
Commercial Banks
Lease Finance:
Meaning of Lease
Types of Lease agreements
Advantages and Disadvantages of Leasing
Growing popularity of lease financing in India
Future prospectus to leasing
Practical - Power-point presentation on- Any Organisation that extends institutional support to small-scale enterprises

Role of Government in Entrepreneurial Development: Need; Government Assistance
Incentives and Schemes for Infrastructural facilities
Entrepreneurial Development Programmes
EDP Meaning, relevance and achievements
Phases of EDP (Pre- Training phase, Training Phase, Post training phase)
Institutions for Entrepreneurship development (NIESBUD, EDII, NAYE, TCOs, NEDB)
Role of Government in organizing EDPs
Critical Evaluation of EDPs
Cluster development programme: Objectives, Types, procedure
Practical - Power Point Presentation on an organisation’s various activities undertook by the Organiser to conduct EDP and the problems faced by him/her in conducting EDP along with suggestions to remove these problems.