Introduction to Entrepreneurship Development

1. Entrepreneurship Development
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2. Course Overview
 After attending this course, students will gain awareness of entrepreneurial
innovation sources, structures and dynamics.
 Students will develop individual and group skills for generating innovative
ideas and find ways to apply these ideas to address current issues and
problems in different industries.
 This course provides a complete summary of the process, challenge, and
issues associated with funding and financing a new company and a venture
capital in India.
 The course is projected to give students a better knowledge and
understanding of how to start and build new firm, how a company can be
financed, and how to deal with business ventures
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 Video

4. Learning Objectives
 One of the main objective of this course is to provide an understanding and
knowledge about entrepreneurship, creativity and modernization and how
they can be applied to present-day issues in various industries and markets.
Specific objectives include providing students with the following:
• Students will possess a solid understanding about business and management
and they will be able to execute this knowledge into practice.
• Students will be able to think decisively
• Students will learn about the importance of business environment and social
responsibility.
• Students will be the effective communicators.
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5.  Course Duration: 7 Weeks
 Study Hours: 3 to 4 hours per week
 Medium of the Course: English
 Credit per Course: 6 Credits
 Teaching Methodology: Video Lectures/PowerPoint
presentations/Instant feedback quiz
 Study Material: Handouts
 Assessment: Online Multiple choice exam, assignments, capstone
project
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6. 6
 Video.

7. Week I
• Introduction to Entrepreneurship:
Types of Entrepreneurship,
Classification of Business,
Definitions of Entrepreneurship
• Entrepreneur:
Entrepreneurial process,
Entrepreneurship and the role of innovations,
Is the Entrepreneur an innovator or an organizer?
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8. Week II
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• New Ventures & Business Plans: New Ventures & Business Plans, Advantages,
Disadvantages of business plans; Life cycle of business
• Business Opportunity Identification
• SWOT analysis
• Risk analysis
• Buying an established business-Advantages and Disadvantages;
• Buying a Franchise- Advantages and Disadvantages;
• Building a network Sales Business-Advantages and Disadvantages
• Entrepreneurial Legal Requirements

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10. Week III
• An Introductory Framework of Small Scale Industry : Concept & Definitions;
Nature & Characteristics; Relation between small & large units; Scope & types
of small business; Rationale of small business; Objectives of small business;
Problems of small scale industries; Growth of small scale sector of India
• Characteristics & Role of Small Business-Characteristics of business and an
industry;Where is the money?Where to locate?; The product
• Classification of small industries , Training for small Business
• Sources of Financing: Debt and Equity; Planning for Capital Requirements;
Equity Capital vs. Debt Capital
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11. Week IV
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 Establishing a Small Enterprise: The setting up process, Project
Identification, Selection of the project, Project Formulation, Assessment of
Project Feasibility, Market Survey, Investment / Risk Analysis
 Reasons for Failure
 Women Entrepreneurs: Emerging trends in the growth of Women
Entrepreneurship in India , Important Schemes to encourage women
entrepreneurship

12. Week V
Institutional Assistance for small scale industries in India
 Central Government: SSI Board; Small Industries Development
Organization (SIDO); Small Industries Service institute (SISI); Product –
cum – Process Development Centres (PPDC); Regional Training Centres
(RTCs); Central Footwear Testing Institute; National Institute of Small
Industries Extension & Training (NISIET); National Institute for
Entrepreneurship & Small Business Development (NIESBUD); National
Small Industries Corporation Ltd. (NSIC)
 State Government: Directorate of Industries; District Industries Centre;
State Financial Corporations (SPCs); State Industrial Development
Corporation / State Industrial Investment; Corporation (SIDC / SIIC); State
Small Industries Development Corporation (SSIDC)
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13.  Other Agencies: Housing & Urban Development Corporation (HUDCO);
Institute for Design of Electrical Measuring Instruments (IDEMI); Technical
Consultancy Organization (TCO); Non-Governmental Organization (NGO);
Khadi & Village Industries Commission (KVIC); Entrepreneurship
Development Institute of India (EDII)
 Financial Institutions: Small Industries Development Bank of India (SIDBI);
Commercial Banks; Regional Rural Banks; Co-operative Banks; National
Bank for Agriculture & Rural Development (NABARD)
 Industry Associations: Federation of Association of small scale industries
(FASSI); Confederation of Indian Industry; Federation of Indian Chamber of
commerce & Industry (FICCI); Associated Chamber of Commerce &
Industries in India (ASSOCHAM); World Association of small & medium
Enterprises (WASME); Consortium of women entrepreneurs in India
(CWEI); Central Government Stores Purchase Programme (GSPP); Scheme
for Participation in International Trade Fairs; Scheme for Market
Development Assistance for SSI Exporters (SSI – MDA)
 Wholesaler and retailer as an Entrepreneur
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14. Week VI Week VII
 Assessment  Submission of Capstone Project
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