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.