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Entrepreneurship Development for the Skilled

Entrepreneurship Development for the Skilled. Why and How ?. Why Skilling ?. Provides Domain Knowledge Potential Job Offers Economic Empowerment. Pain Points. Not All May Get Jobs. Migration to Urban Slums. Quality of Life Issues. Broken Families. Frustration. Demographic

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Entrepreneurship Development for the Skilled

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  1. Entrepreneurship Development for the Skilled Why and How ?

  2. Why Skilling ? • Provides Domain Knowledge • Potential Job Offers • Economic Empowerment

  3. Pain Points

  4. Not All May Get Jobs

  5. Migration to Urban Slums

  6. Quality of Life Issues

  7. Broken Families

  8. Frustration

  9. Demographic Dividend

  10. Demographic Dividend or Disaster ?

  11. What Can be Done ?

  12. Possible Remedy • Combine Practical Entrepreneurship Training (PET) With Skills Training • Provide Mentoring and Incubation Service • Provide Financial Linkages

  13. Create Job Creators

  14. Not Just Job Seekers

  15. VyavasayaNypunyam

  16. Factors for Success

  17. What has Worked?

  18. Practical EntrepreneurshipTraining & Development

  19. I Create What It Does & How ?

  20. I Create Focus • Entrepreneurship Training of those with Skills, Hobbies or Passion. • Programs Conducted In Polytechnics, ITIs, RVTIs and Other Skilling Centers.

  21. MODEL

  22. Value Proposition • Audience Appropriate Content • Interactive and Highly Participatory Methodology; Games, Skits , Role Play etc. • KISS ( Keeping It Short & Simple) approach • We do not teach; we facilitate learning. • We go where people are • Learning through Biz Plan Preparation – Practical Entrepreneurship Training

  23. Content • Idea Generation – Problem solving, Value addition, Franchising • Home Work – Market survey & other Research (domain related) • Opportunity Recognition – ascertaining both the commercial and technical feasibility. Business Arithmetic

  24. …….Content • Planning – Strategy, resources and time line • Execution – Excellence in execution : quality, customer relation , communication, networking, negotiation etc.

  25. The Process

  26. Programs

  27. Background • Non-Profit Organization – 15 years • Grassroots Level Entrepreneurship Development is the Mission • Accolades from many • NFTE (Network For Teaching Entrepreneurship): Program Partner

  28. Impact & Achievements • 15 Centers & Growing • 8 National Level Strategic Alliances • I Create Africa – National Agricultural and Livestock Program (NALEP) • Working with Government Departments

  29. JOURNEY SO FAR • Participants in Entrepreneurship Awareness Program (EAP) : 37,000 • Participants in Aspiring Entrepreneurs Workshop (AEW) : 10,000 • Started/Improved Business : 2,700 • Master Trainers (MT) Trained : 1,850

  30. ACCOLADES • “Best Partner” Award from NFTE • “Best Social Entrepreneurship Program” Award from US Indian American Chamber of Commerce • Three Year Project Funding by Merrill Lynch for implementation of Student Program in colleges. • “Partner in Nation Building Projects” By Pan IIT Alumni India

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