Effectiveness of Entrepreneurship Development Training

Entrepreneurship development training refers to the training and other support services that are incorporated into a structured program.

This programme is specially designed to assist individuals and groups of people who are interested and have potential of becoming entrepreneurs and starting small business.

Entrepreneurship development training also includes the training for executives, personnel of promotion agency who are involved in providing support and extend services to the entrepreneurs.

Entrepreneurship development training program here is used in wider sense covering training, support and sustaining assistance to the existing and emerging entrepreneurs.

Entrepreneurship development training

Training is an effective tool for improving the human factors like the attitudes, desires and motivation of the individual, the capability to perceive the environmental changes and opportunities as well as to solve problems, which an entrepreneur is likely to face.

Training is particularly important for first generation entrepreneurs who require developing their:

  • Entrepreneurial quality or motivation
  • Capacity for enterprise launching and resource mobilization
  • Practical management skill
  • sense of responsibility to society
  • Ability to formulate business plan
  • Ability in understanding the process and procedures of setting up an enterprise.
Effectiveness of Entrepreneurship Development Training

Effectiveness of Entrepreneurship Development Training

A well designed training program with appropriate curriculum and methodology makes it effective. Trained and experienced trainers and motivators must give further training.

The training program must be followed by provision of required support assistance like credit, selection of the implementation of the project, marketing the product etc.

So, before designing training program, training needs of the target groups must be assessed properly.

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