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 people through this programme.
This programme consists of a structured training process to develop an individual as an entrepreneur. It helps the person to acquire skills and necessary capabilities to play the role of an entrepreneur effectively.
Talent is natural but skill is only developed by hours and days and months of hard work. EDP is not just a training programme but it is a complete process to make the possible transformation of an individual into an entrepreneur. This programme also guides the individuals on how to start the business and effective ways to sustain it successfully. Individuals are also encouraged to consider extending their visit and set up targeted meetings with relevant businesses, customers, investors or partners.
Importance of entrepreneurship development is to enable individuals to grow into a dynamic entrepreneur who is able to initiate and sustain the economic growth of the country. Their ventures not only initiates wealth but also becomes an inspiration for others.
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.
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.