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NATURE OR CHARACTERISTICS OF ENTREPRENEURIAL



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NATURE OR CHARACTERISTICS OF ENTREPRENEURIAL
DEVELOPMENT PROGRAMME
Following are the main characteristics of entrepreneurial development programme : it is an organised
and systematic process of enhancing the motivation, knowledge änd skills of the
potential entrepreneurs. It is based on the belief that individuals can be developed, their outlook can
be changed and their ideas can be converted into action through training. It develops first-generation
entrepreneurs who on their own cannot become successful entrepreneurs. It is an endeavour in human
resource development. it emphasis on operational rather than academic training. It is regarded as a
tool of industrialisation and a solution to unemployment problem. It is catalyst for developing
industry and economic programmes. It is not totally based on training. The whole process
extends much beyond ‘training’. Much of it is personal counselling and support.
OBJECTIVES OF ENTREPRENEURIAL 
DEVELOPMENT
 
PROGRAMIVIES
Following are the main objectives of entrepreneurial development programmes :
(1) Promotion of Cottage and Small Scale Industries :
The main objective of EDP is to provide, in
the rural areas, special programmes designed to stimulate new ventures and encourage expansion of
existing activities of small and medium scale industries.
(2) Generation of Employment Opportunities :
EDP aims to encourage self-employment among
potential entrepreneurs. It generates employment and self-employment opportunities in the processing
of indigenous raw materials for local consumption and for exports.
(3) Promotion of First-Generation Businessmen :
One of the main objective of EDP is to encourage
first generation
entrepreneurs who do not have any business background. 
(4) TO Crouto Awareness about Availability of the Resources
: It, aims to front,on wnroncss about
the available resources„ such rnw material, technology etc. in the prospective ontropronours.

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