The document discusses entrepreneurship development programs (EDP) in India. It explains that EDP aims to encourage self-employment through training and motivating potential entrepreneurs. The phases of an EDP include an initial training phase, development phase, and follow-up phase. It also outlines different types of entrepreneurship like social entrepreneurship and innovative entrepreneurship. It lists some government schemes to support startups like SAMRIDH, NEWGEN IEDC, and DEDS. Finally, it provides data on the top Indian startups and states with the most innovation and entrepreneurship activity, with Bangalore having the highest number.
EDP Guide: Phases, Types & Government Schemes for Indian Startups
1.
2. CONTENTS
WHAT IS ENTREPRENEURSHIP DEVELOPMENT PROGRAMME (EDP)
WHAT IS PHASES OF EDP
EDP CYCLE
TYPE OF ENTEREPRENEURSHIP
4 GOVERNMENT SCHEMES HELEPING INDIAN STAT-UPS
THE NEW TOP 10 START-UPS
DATA ANALYSE
3. WHAT IS ENTERPRENEURSHIP DEVELOPMENT
PROGRAMME (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.
Towards this end, it is necessary to promote his
understanding of motives, motivation pattern, their
impact on behavior and entrepreneurial value.
A program which seeks to do this can qualify to called an
EDP.
4. WHAT IS PHASES OF EDP?
Initial or Pre-training Phase
Training or Development Phase
Post Training or Follow up Phase
Designing course- curriculum of
training.
Selection by faculty
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Selection of potential or perspective
entrepreneur.
Lecture Method
Written instruction method
Demonstration or practical method
Conferences
Meetings
Individual training
Group training.
Was the programmed conducted as per
plan?
If not what were the loopholes in the
plan?
Taking corrective action to weaknesses
after identifying them?
5. Support
• Obtaining fund
• Getting land, shed and utilities
• Acquiring machine and
equipment
• Facilities procuring raw
materials.
• Marketing linkages
• Management Consultancy
• Providing common facilities.
• Technology flow and adoption.
• Availing information.
Simulator
• Training and education in
entrepreneurship
• Publicizing entrepreneurial
opportunities.
• Making available techno
economic information.
•Offering incentives and
recognition.
• Creation of forum for
entrepreneurs.
• Easy availability of
information.
Sustaining
• Facility for growth and expansion
• Diagnostic and consultancy services.
• Refinancing facility.
• Legal and policy modification.
• Deferred repayment interest.
6. LARGE COMPANY ENTREPRENEURSHIP
Companies with a limited life cycle display large company entrepreneurship. These companies sustain
because of creativity and innovation.
SOCIAL ENTREPRENEURSHIP
Non-government organizations (NGO) are the best social enterprise examples. In this type of
entrepreneurship entrepreneurs recognize a social problem and tailor their activities to create social
value.
SMALL BUSINESS ENTREPRENEURSHIP
Local small boutiques, milk booths, grocery shops, hairdressers, carpenters and plumbers are part of
the small business entrepreneurship.
INTERNATIONAL ENTREPRENEURSHIP
Typically, international entrepreneurs sell products in the Indian market until they reach the
maturity stage and then sell them in the overseas market to earn profits.
INNOVATIVE ENTREPRENEURSHIP
Innovative entrepreneurship is ambitious and requires significant investment to turn a new business
idea into a breakthrough product or service.
7. The Indian government actively promotes start- ups and entrepreneurs by developing variety of programmers and
efforts to each them as well as providing financial aid, technical support, subsidies, and other critical services
to help them flourish.
SAMRIDH Scheme
Its goal is to help business secure finance while also assisting them in putting together skill sets that will
enable them expand effectively.
NEWGEN IEDC
This is a five- year programmed offered through educational Institution. Up to 20 new initiatives will be
supported by the initiative. A cash grant of up to ₹ 25 lakh and a recurring expenditure of up to ₹ 10 lakh will
be awarded to the chosen institute.
Students will be encouraged to participate in innovative projects with the potential for
commercialization under this scheme.
DAIRY ENTREPRENEURSHIP DEVELOPMENT SCHEME ( DEDS )
DEDS is a project run by the department of Animal Husbandry, Fisheries, and Dairying to encourage people
to work for themselves in the dairy industry.
These opportunities would include operation, transportation, procurement, processing,
preservation, and marking by providing back-end funding for bankable projects worth 25% of the total
project cost for general applicants and 33.33 percent for SC/ ST farmers.
SINGLE-POINT REGISTRATION SCHEME
The National Small Industries Corporation introduced the SPRS in 2003. MSEs ( Micro and Small Enterprises
in India under SPRS ) are registered with NSIC in order to participate in government procurement.