This document discusses entrepreneurial development for rural and tribal women. It defines an entrepreneur as someone who searches for change and exploits opportunities for new businesses. It reviews concepts of entrepreneurship including planning new ventures, analyzing opportunities, and financing. It discusses the status of Philippine tribal and rural women from pre-colonial to modern times, noting a lack of unified government assistance compared to other countries. Finally, it discusses the importance of entrepreneurship to economic growth through innovation and job creation, and various programs that can support entrepreneurial development for women and underserved groups.
Business Model Canvas (BMC)- A new venture concept
Entrepreneurial development of rural and tribal women
1. Entrepreneurial Development
of Rural and Tribal Women
PFLCW 11th General Assembly
Dipolog City, November 31, 2013
Dr. Sharifa Pearlsia Ali-Dans, CESE
Assistant Secretary, DILG-ARMM
2. Session Objectives:
Review concepts/definition of Entrepreneur
entrepreneurial development, planning new
ventures, analyzing entrepreneurial
opportunities, financing aspects, etc.
Appreciate the status of Philippine Tribal
and Rural Women through the various
periods
3. The Entrepreneur
Peter F. Drucker defines an entrepreneur as
one, who always searches for change, responds to
it and exploits as an opportunity.
Innovation is the specific tool
of entrepreneurs, the means by which they
exploit change as an opportunity for a different
business or service Entrepreneurship is neither a
science nor an art. It is a practice. It has a
knowledge base. Knowledge in entrepreneurship
is a means to an end.
4. An entrepreneur is one of the
important segments of economic
growth.
An entrepreneur - a person
responsible for setting up a
business or an enterprise. In
fact, he is one who has the
initiative, skill for innovation and
looks for high achievements.
5. Entrepreneur -A person who
organizes, operates, and assumes the
risk for a business venture.
willing to take risks in order to make a
profit enterprising - marked by
imagination, initiative, and readiness
to undertake new projects; "an
enterprising foreign policy"; "an
enterprising young woman likely to go
far"
6. Alfred Marshall (1936) - The
process of entrepreneurship or
business development is
incremental or evolutionary . It
evolves from sole proprietorship
to a public company.
7. Definition of Entrepreneurship:
Entrepreneurship involves not only the
process that leads to the setting up of a
business entity but also the expansion and
development of an on going concern. The
study of entrepreneurship is concerned with
the entrepreneurial behavior, the dynamics
of business set up and expansion and
development.
8. Concept of Entrepreneurship
Entrepreneurship refers to all those activities
which are to be carried out by an entrepreneur
to establish and run the business enterprises in
accordance with the changing socio, political
and economic environments.
Includes – activities relating to the
anticipation of the consumers likes and
dislikes, feelings and behaviours ,tastes and
fashions and the introduction of business
ventures to meet out all these expectations of
the consumers.
9. Planning the New Venture
- Nature of business plans
- Benefits of plans and planning
- Strategic Planning process
- Financial Planning
- Development Sales forecast and marketing
- Legal considerations
10. Analyzing Entrepreneurial Opportunities
- Various opportunities
- Sources of venture opportunities
- Recognizing opportunities
- Analyzing and evaluating opportunities
Financing the venture
- Sources of funding
- Equity Financing
- Debt financing
- Other capital sources
11. Tribal Entrepreneurship
- Nature of Tribal Entrepreneurship
- Deciding how to export
- Deciding where to export
- Tapping the international market
Entrepreneurial Management
- Determining the internal structure of venture
- Managing and controlling growth
- Barriers to Corporate Entrepreneurship
- Valuation of ventures
12. Status of Philippine Women’s Tribal and Rural
Entrepreneurial Development
a) Pre-Colonial Period
-left to fend for themselves;
b) Colonial Period
Spanish, American, Japanese
-scattered/no holistic approach;
c) Independence to Present
Small Medium Industries -that needs to cascade to
LGU level
No unified government assistance compared to other
countries
13.
IMPORTANCE OF ENTREPRENEURSHIP ECONOMY
1. Entrepreneurship is the symbol of business steadfastness
and achievement.
- critical to economic growth. Entrepreneurship may affect
our future in many ways:
a)Innovative creation of opportunity
Example: Portable phones linked to faxes and laptop will
turns cars, train, and airport terminal into offices.
b)Entrepreneurship not only affect our lives through
innovation but represent the working future for many of us
due to lays off by large organization and shrinking of job
opportunities for graduates.
c) Entrepreneurship is synonymous to creation of new
venture and small businesses. SMIs have been important
contributors to local economic growth.
15. Entrepreneurial Development:
Importance - Phases in the development of
entrepreneurship –
Stimulation: Entrepreneurial
awareness, exposure, motivation and attitude –
Support: Entrepreneurial
education, training, assistance Sustenance Entrepreneurial commitment.
16. Programmes for Developing Tribal
Entrepreneurship.:
Entrepreneurship development programmes - Seed
Capital assistance –
Capital subsidy – Backward area development
schemes –
Sales tax concessions – Energy concessions –
Recent trends.
17. Entrepreneurial Culture
Special Programmes of assistance to
Entrepreneurship -development needs of
women, rural and small entrepreneurs.
- Design Improvement
- Export Quality
- Marketing
- Sustainability
- Capital