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Entrepreneurship is the process of creating or seizing an opportunity, and pursuing it regardless of the resources currently controlled. It is the process of creating something new with value by devoting the necessary time and effort, assuming the accompanying financial, psychic, social risks, and receiving the resulting rewards of monetary, personal satisfaction and independence.

Anyone can start a business. The problem, however, is that many people don’t know what’s involved, don’t know the risks and don’t have the skills to start and successfully operate a business. Small business is a major driver and contributor to the economy. Entrepreneurship is a tool that provides people who want to be entrepreneurs to start and grow their own business, with the knowledge and skills to research, create, and manage it. Here where the NIRA, collaborated with Institute of Industrial Development (IID), prepare prospective Entrepreneurs through its well designed Entrepreneurship Development Programme online e-training programme to not only understand what is entrepreneurship but also make aware of the risk involved, help out with the marketing aids, make them aware of the basic registrations & other requirements, help them to have in-depth knowledge about government schemes and subsidies.

Program Outline

The contents for EDP training are drafted for the purpose to develop various managerial and operational functions skills within the candidates like business planning, operations, finance, production, marketing, branding, enterprise management, banking formalities, IT & online business, bookkeeping, statutory compliances, government schemes, risk & sustainability of business. The contents are in following format:

  • VIDEO LECTURES: Both in Hindi and English to understand various topics.
  • STUDY CONTENT IN PDF FORMAT: Both in Hindi and English to study the topics.
  • ASSESSMENT: Both in Hindi and English (Multiple Choice Questions).

Detailed Outline of Topics

  • Business Idea Generation, Validation and Business Models
  • Entrepreneur Skill Sets
  • Business Venture Types and Registration Process
  • Statutory Registration and Compliance
  • Statutory Bookkeeping and Understanding of Financial Statements
  • Costing, Pricing and Techniques of Cost Reduction
  • IT, ERP and Internal Control System
  • Marketing Methods and Techniques
  • Digital Marketing and Social Media Promotion
  • Income Tax and Compliance
  • GST and Compliance
  • Company Law and Compliance
  • Exports and Foreign Exchange
  • Social Enterprise, Corporate Social Responsibility and Funding Methods
  • Startups, Funding and Growth Techniques
  • Rural and Women Entrepreneurship Models
  • Understanding of Banking and Finance System
  • Banks and Other Financial Institutional Schemes
  • Government Schemes
  • Risk Types and its Mitigation
  • Growth, Expansion and Sustainability of Business

Frequently Asked Questions

Q. What is the use of this EDP Training?

Ans. EDP Training is a tool that provides people who want to be entrepreneurs the knowledge and skills to research, create, and manage their own business.

Q. What is the course duration and number of EDP course modules?

Ans. There are 22 modules in our Entrepreneurship Development Programme (EDP). All these modules have to be completed by a trainee.

Q. What will happen if EDP course cannot be completed in extended time?

Ans. If it is not completed within the stipulated time frame, the candidate has to register again with our portal and start afresh.

Q. What is the support provided with EDP training?

Ans. The trainee gets the following support in addition to EDP course materials (videos and PPTs):

  • Industrial Documentaries
  • Experts Episodes for Guidance
  • Project Reports
  • Government and Bank Schemes

Q. How can I register for online EDP training course?

Ans. The EDP trainees will log in using their User ID (Mobile Number). It is compulsory to watch each module attentively, or the system will log you out for inactivity.

Q. What is the assessment criteria for conducting the test?

Ans. Each question is compulsory and has a 60-second time limit. You can only attempt assessments after the mandatory module watch time. Max two assessments allowed per day. If internet is unstable, you may download study materials for offline use.

Q. How can I view the status of the training and assessment?

Ans. After logging in, each candidate will be provided a dashboard to view training progress, assessment status, profile updates, and certificate download.

Q. What are the grades obtained with certificate for completion of training?

Ans. Upon completing all modules, grades will be awarded along with a Letter of Appreciation:

  • Grade A++ – More than 90%
  • Grade A+ – 75% to 90%
  • Grade A – 50% to 75%
  • Grade B – Less than 50%
  • Note: Grading is for self-assessment only.

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