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The IUP Journal of Entrepreneurship Development :
Entrepreneurial Promotion Through EDP
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With a view to transforming employment seekers into job generators, education system should prepare students right from college education to get oriented to setting up enterprises which would provide them with creativity, freedom and ability to generate wealth.

 
 
 

With a view to transforming employment seekers into job generators, education system should prepare students right from college education to get oriented to setting up enterprises which would provide them with creativity, freedom and ability to generate wealth.In the light of those words by Dr. A P J Abdul Kalam, the government and policy makers have been concentrating on promotion of small business units. The small scale sector was considered to be an employment generation sector. This sector began to be recognized as an instrument for tapping latent entrepreneurial talent. The government envisaged a promotion package and financial assistance in the form of fund and non fund to facilitate the setting up of new units or the expansion of existing line of activities. The package consisted of incentives, subsidies, concessions, infrastructural facilities, technical and managerial guidance, etc., through a network of organizations for supporting entrepreneurship development.

It was found by the planners and the government that incentives were not sufficient in themselves to ensure adequate entrepreneurial response. In fact, entrepreneurial development and growth required primary focus on human resource development through Entrepreneurship Development Programs (EDPs).EDP may be defined as "a program designed to help an individual in strengthening his entrepreneurial motive and in acquiring skills and capabilities necessary for playing his entrepreneurial role effectively". The main objectives of an EDP are-to identify and train potential entrepreneurs, to develop necessary knowledge and skills among the participants, to impart basic managerial understanding and to provide post-training assistance.

EDP has played an important role in Indian industrial development, particularly in the development of small scale sector. Over the last four decades a number of institutions all over the country have conducted EDPs and created a large pool of first generation entrepreneurs. In this context, the mere conduct of EDPs is not enough, an assessment of EDPswhether they ultimately benefit potential entrepreneurs in terms of unit settlement-is necessary. Hence, this study. A review of literature in relation to entrepreneurial promotion through EDPs is essential to identify gaps. So, the study efforts are concentrated on filling these gaps. In order to identify entrepreneurial promotion through EDP in the study area, it is essential to review a few EDP evaluation studies conducted in a different region and methodology.

 
 
 

Entrepreneurial Promotion Through EDP, small scale sector, Entrepreneurship Development Programs, EDPs, Employment generation sector, Women entrepreneurship, Human Development Index, Entrepreneurial Motivation Training Programmes, Human resource development, Gujarat Industries Investment Corporation , GIIC.