Entrepreneurship Development Cell (EDC) at IMS, Dehradun To promote and facilitate the concept of entrepreneurship among the young

students, it is proposed to set up an independent Entrepreneurship Development Cell (EDC) at IMS, Dehradun. This cell will be working in association with Entrepreneurship Development Institute (EDI), Ahmedabad. EDI is the apex body that has been nominated by the Department of Science and Technology, Government of India to provide financial as well as professional assistance to the educational institutions so that they can help their students to identify various business opportunities and develop their entrepreneurial skills. Perceiving the need to promote lateral and independent thinking, creativity and innovation the entrepreneurial attributes required to make a mark- EDI has designed and successfully implemented training programs and workshops for the academia. With economic reforms in the country, and with the virtual removal of all trade barriers, the world is now our market and our opportunity! However, it is the method of pursuit and the opportunity that is identified which determines our success. This requires an indomitable spirit of entrepreneurship. Targeting, the students and teachers, a two pronged approach has been adopted with Faculty Development Program for the academicians on the one hand and Summer Camps for the students. 'The Open Learning Programme in Entrepreneurship & Business Management', a notable and major activity of the Institute has gained firm grounds across the nation in imparting entrepreneurship education through distance learning to those who nurture the desire to be an entrepreneur but find time a major constraint in its pursuit. In the same direction are the programs on entrepreneurship and Family Business Management instituted at several colleges across the nations, like the Jain Group of Institutions, Bangalore. One-day entrepreneurship orientation camps also endorse the charms of being an entrepreneur.

The National Science & Technology Entrepreneurship Development Board (NSTEDB), Dept. of Science & Technology, Govt. of India has appointed EDI as its National Implementing & Monitoring Agency (NIMAT) for the following programs: 1. 2. 3. 4. Entrepreneurship Awareness Camp Faculty Development Program Entrepreneurship Development Program Technology based Entrepreneurship Development Program

EDI as NIMAT will coordinate and monitor the above programs for promoting entrepreneurship amongst Science & Technology target group through HRD and Entrepreneurship Development Strategy, at the national level. It will also work as a vital link between the NSTEDB and EDCs, State ED organizations, NGOs and other implementing agencies for conducting the above said programs.
*The above mentioned programs are joint certification programs of organizing institution, EDI and DST, Govt of India.

Expression of Interest Institutions/Organizations/Agencies interested in conducting any of the above four programs can submit their detailed proposal(s) to EDI. The proposal is to be submitted in the prescribed proforma. Entrepreneurship Awareness Camp (EAC) With a view to expose students as well as faculty of academic institutions, EACs are organized by the implementing agency i.e. is usually either an educational institution or a professional body specializing in entrepreneurship development. Each camp, of 3 days duration, is conducted in the premises of an academic institution and aims at creating awareness among students about various facets of entrepreneurship while highlighting the merits of pursuing such a career option. In each EAC, about 75 students are exposed to different aspects of entrepreneurship, including opportunity guidance, services offered by agencies of support system etc. A visit to the industries located in the region is also arranged to bring the students in direct touch with practicing entrepreneurs.
Suggested Schedule for Entrepreneurship Awareness Camp (EAC) Day Morning Session I Session Session II Afternoon Session III Session Session IV Mechanism of product selection and technology-assistance from R&D labs and others on choice of technology etc Support and financial assistance from Govt. agencies, banks, financial institutions, SFCs and others-securities demanded by

B Historical Inauguration- Camp background-Indian Identification of Objective, 1st values vis-a-vis R opportunities for Entrepreneurship Entrepreneur ship and entrepreneurs (general concepts only) the present scenario E 2nd How to start a SSI unit Tech. & commercial Financial aspects of SSI (General concept about Aspects of SSI unit A unit including salient the Govt. formalities, (General concept features of a project rules & regulation, only) report

location, and different aspect of an industrial K venture.) Creativity and Communication skills business- the man ( interacting with 3rd behind the venture -the people) for better behavioural scientist's results approach

FIs/banks etc Lectures by practicing entrepreneur's success stories- common problems faced by entrepreneurs

Discussion with participants for their reactions about the camp, ( Including factory visit)

Faculty Development Program (FDP) A Faculty Development Programme (FDP) is designed to train and develop professionals in entrepreneurship development so that they can act as resource persons in guiding and motivating young people to take up entrepreneurship as a career. Through each FDP, 15-20 faculty members of Science and Engineering colleges, Polytechnics and Entrepreneurship Development Organizations are trained for 2-3 weeks. The FDPs provide inputs on process and practice of entrepreneurship development, communication and inter-personal skills, creativity, problem solving, achievement motivation training, and inputs on resource and knowledge industries. The training methodology includes case studies, group discussion, games and simulation exercise, field visits and classroom lectures. This is preferably a residential program. Who can conduct? Institutes / organization engaged in entrepreneurship training having vast experience in the field of entrepreneurship development. The organization should have in-house training experts for conducting FDPs.
Suggested Schedule for Faculty Development Programme (FDP) Day Morning Session I Registration Session Session II Inauguration Afternoon Session III Programme Objective & Orientation Session Session IV Historical Background - Indian Values vis-a-vis entrepreneurship & the present scenario

1st

2nd

Why Entrepreneurship: EntrepreneurshipConcept

Ist Session to be continued.. L

3rd

EDPs in India- role of DST (NSTEDB) and Profile of an entrepreneur other promotional institutions

4th 5th

Business EnvironmentMarket survey: tools and Scanning techniques How to start a SSI Agencies involved in

N C

EDPsmethodologies & strategiesIIIrd session to be continued. promotional work & developmental inputs How to Identify and Select Potential Individual Counseling Entrepreneurs: Techniques various tool and techniques Project Identification & IInd session to be continued.. opportunity guidance Role of Role of Financial Institutions

6th

unit (general concept about the govt. promoting & assisting SSI formalities, rules & units regulations etc.) Achievement Motivation Training (AMT) : how to Ist session to be continued.. develop achievement motivation Environmental/Pollution Technical aspects of control and Energy saving / SSI unit Non-conventional energy sources aspects

Supporting Agencies- DIC, Banks / SFC etc- A panel SIDC, etc- A discussion panel discussion Ist session to be Ist session to be continued.. continued..

7th

Promotion & Support to Technology Technology Development assistance from B Schemes of DST & other R&D labs & other agencies including Venture institutions Capital Fun Marketing management & R marketing support IIIrd session to be continued. available to SSI units Problems & Issues in the management of SSI units Factory Visit

Financial aspects of SSI units: Project Financial Aspects of SSI cost, Source of Unit- financial projections, 8th finance, Cost of BEP, working capital production & assessment etc Profitability How to prepare a 9th Business Plan (Project Ist session to be continued. Report) 10th Factory Visit Factory Visit

Problem solving E & decision making A Factory Visit How to make Communication proposal for Managerial Aspects skills- interacting with EACs and EDPs 11th (Including Labour Legislation K people for better and how to Commercial Acts etc) results organising an EAC, EDP Action Plan and Feed 12th Valedictory Back

Interface with successful entrepreneur & success stories

Entrepreneurship Development Program (EDP) An Entrepreneurship Development Program (EDP), of 6-8 weeks duration, aims at training the S&T graduates and the diploma holders in the essentials of conceiving, planning, initiating and launching an economic activity or an enterprise successfully. The program content includes class room training on essentials of entrepreneurship survey of the prevalent socio - economic scenario, identification of business opportunities, role and function as well as schemes of assistance offered by various constituents of the support system, preparation of a technically feasible and economically viable project report, Achievement Motivation Training and also the nuances of management of an enterprise. Sessions on technology and finance are also arranged, depending upon the nature of project selected. Special EDPs are being conducted with more emphasis on linkages with R&D institutions to take up projects based on indigenous technologies and services, in the area of high technology, such as leather, plastics, bio-medical equipment, high speed data communication and other emerging areas of technology. For example, a programme has been undertaken in collaboration with the Institute of Plasma Research, Ahmedabad, for setting up plasma technology-based enterprises. The project proposals for special EDPs can be submitted by an R&D institution or any specialized training institution in entrepreneurship development. In either case the involvement of the other group is mandatory.

All EDPs are conducted by specialized institutions. Technology based Entrepreneurship Development Program (TEDP) This program is designed especially for the students with science and technology background. This is not applicable for the management students. However, a management student with science/ technical background can be selected for this program. A Technology Based EDP primarily focuses on training and development need of S&T entrepreneurs in a specific technology area (for example, Leather, Plastic, Electronics & Communication, Fragrance & Flavor, Instrumentation, Sports Goods, Bio-technology, IT Computer Hardware, Food Processing, Bio-medical Equipment, Glass & Ceramics, Jute Products, Sustainable Building Materials, Herbs & Medical Plants Processing, etc.). The participants are provided with hands-on training in indigenous technologies developed by R&D institutions that are available for commercial exploitation. In each TEDP, 20-25 persons, having a degree/diploma in S&T are trained through a structured training programme of about 6 weeks duration. The TEDP provides class room training on motivational management areas besides actual hands-on training in the specific technology areas by technology providers. The participants are selected through various tests and personal interviews to assess their potential of becoming a successful entrepreneur. During the training period, the participants also get to know the intricacies of how to start and manage an enterprise. At the end they are assisted in preparing a bankable project report.

Summary of all four programs S. No 1 2 3 4 Name of Program Duration EAC FDP EDP TEDP 3 DAYS 2-3 WEEKS 6-8 WEEKS 6 WEEKS Financial Assistance by EDI 13,500/1,75,000/1,30,000/2,00,000/Proforma to apply ENCLOSED ENCLOSED ENCLOSED ENCLOSED

In view of the above, it is proposed to begin with the first two programs of EDI and after earning expertise in the same, we can go further for the next level programs.

Enclosed- Proforma for each program Submitted by

Dr Hemant Sharma IMS, Dehradun