Entrepreneurship Development Cycle
Entrepreneurship Development Cycle
Stimulat
ory
Support
Sustainin
g
Stimulatory Phase
?
Generating
awareness
entrepreneurial
in
the
?
?
available
techno-economic
information and project profiles
?
Helping them to develop project report.
entrepreneurs.
?
Developing a data bank on new products
and process available to target group.
Helping them through training to
?
Improving their skills in modern
management methods.
Developing technical competence
relevant to the product selected.
Creating
forums
for
entrepreneurs
to
discuss their mutual problems and success.
?
?
Making
Identifying and selecting potential
raise their motivational level.
?
Developing a data bank on new products
and process available to target group.
community
through well planned publicity.
?
?
Evolving
new
products
and
processes
available to the local situation.
?
Public
recognition
excellence.
of
entrepreneurial
Support Phase
?
?
?
?
?
?
This includes all such activities
that help entrepreneurs in
establishing and running their
enterprises. The activities in
this phase may include:
?
Support Phase Issue of licenses for
scarce raw materials.
?
Granting tax relief and other types of
subsidy.
?
Offering management consultancy.
?
Assisting in marketing the products
Registration of the unit.
? Providing information related to the
Arranging finance of any type
industry.
Helping in purchase of plant and
machinery.
Providing land, shed, power,
water, etc. for establishing the
unit.
Guidance
for
selecting
and
obtaining
plant and
machinery
These
activities
provide
nurturance and remove many
and layout.
hurdles which are likely to cause sickness or discourage the
new entrepreneurs
Sustaining Phase
?
Sustaining Phase Activities
in this phase are all those
that help the entrepreneur
in continuous, efficient and
profitable running of an
enterprise. The sustaining
activities may include:
?
?
?
?
Helping in modernization
/substitution of products.
Additional financing for full
capacity utilization.
Deferring repayment/interest
depending on the situation.
Help and guidance in
diagnosing the cause of
failure or low production.
?
Modification or change in
legislation/policy affecting units.
?
Creation of new avenues for marketing.
?
Quality testing and quality
improvement at low cost .
doc_171842903.pptx
Entrepreneurship Development Cycle
Stimulat
ory
Support
Sustainin
g
Stimulatory Phase
?
Generating
awareness
entrepreneurial
in
the
?
?
available
techno-economic
information and project profiles
?
Helping them to develop project report.
entrepreneurs.
?
Developing a data bank on new products
and process available to target group.
Helping them through training to
?
Improving their skills in modern
management methods.
Developing technical competence
relevant to the product selected.
Creating
forums
for
entrepreneurs
to
discuss their mutual problems and success.
?
?
Making
Identifying and selecting potential
raise their motivational level.
?
Developing a data bank on new products
and process available to target group.
community
through well planned publicity.
?
?
Evolving
new
products
and
processes
available to the local situation.
?
Public
recognition
excellence.
of
entrepreneurial
Support Phase
?
?
?
?
?
?
This includes all such activities
that help entrepreneurs in
establishing and running their
enterprises. The activities in
this phase may include:
?
Support Phase Issue of licenses for
scarce raw materials.
?
Granting tax relief and other types of
subsidy.
?
Offering management consultancy.
?
Assisting in marketing the products
Registration of the unit.
? Providing information related to the
Arranging finance of any type
industry.
Helping in purchase of plant and
machinery.
Providing land, shed, power,
water, etc. for establishing the
unit.
Guidance
for
selecting
and
obtaining
plant and
machinery
These
activities
provide
nurturance and remove many
and layout.
hurdles which are likely to cause sickness or discourage the
new entrepreneurs
Sustaining Phase
?
Sustaining Phase Activities
in this phase are all those
that help the entrepreneur
in continuous, efficient and
profitable running of an
enterprise. The sustaining
activities may include:
?
?
?
?
Helping in modernization
/substitution of products.
Additional financing for full
capacity utilization.
Deferring repayment/interest
depending on the situation.
Help and guidance in
diagnosing the cause of
failure or low production.
?
Modification or change in
legislation/policy affecting units.
?
Creation of new avenues for marketing.
?
Quality testing and quality
improvement at low cost .
doc_171842903.pptx