Step-1:
Identification of Viable opportunities having potential for growth
A potential survey of the Area for the local market / demand, local resources, and skill of the people etc. will be carried out. Bases on the above survey their potential opportunities for micro enterprises will be identified.
The identified opportunities will be assessed for their economic viability and technological feasibility. Project profiles would be prepared. This would be made available to potential entrepreneurs
Step-2:
Identification and selection of potential entrepreneurs to enable them to set up their own enterprises
To identify potential entrepreneurs in the area following activities will be taken up:
i. Organizing of entrepreneurship awareness camps/ micro- enterprise promotion campaign.
ii. Organizing meeting with the prominent / key persons of the area including Research & development and technology providing institutions.
iii. Various groups like women, artisans, rural youth etc. who have requisite skill will be contacted and would be motivated
iv. Seminar/ workshops will be organized.
Step-3:
Providing training and counseling to enhance their motivational level
After identification of potential entrepreneurs individual take up entrepreneurship as career. It would include:
-Facilitate best linkage between entrepreneurs business opportunities and new technologies
-Imparting basic enterprise launching and management skills.
-Exposing them to the concepts of market analysis and business terminology.
The above counseling would be through organizing camps in the block headquarters for four to five day’s duration. Bases on the camps potential candidate will be selected as per the yearly requirement.
Step-4:
Matching the potential entrepreneurs with potential opportunities and update technologies.
For ensuring perfect match between the potential entrepreneurs and the identified business opportunities capability assessment will be taken up. The entrepreneurs will also be asked to collect further information about market on identified projects. Based on above viability assessment will be done and linkage will be finalized.
Step –5:
Prepare business plans of selected business opportunities to help the entrepreneurs.
For facilitating potential entrepreneurs in getting financial assistance form financial institution, detailed project reports will be prepared for the selected opportunities including the technology assessment.
Step-6:
Providing linkage for credit support from banks financial institution.
R.K. Sansthan will assist, the selected candidates in completing various procedures, formalities required for getting financial assistance and have the loans disbursed. R.K. Sansthan will ensure bankers involvement in the project since beginning, i.e. identification of project. Further the workshop for sensitizing the support system will also be organized. The linkage would be established with technology providing institute for upgrading the technology as per need.
Step-7:
Conduction skill development programmes.
For those candidates who may require some technical training / technical exposure to improve their skills or lacking in some specific skills, suitable skill development programme may organized through appropriate training agency/ trainer.
Step-8:
Providing support to entrepreneurs in selection of machinery, Project implantation and market linkage etc.
The selected entrepreneurs will be guided for an appropriate selection of machinery and equipment and also be extended support in implementing the enterprise. Sansthan will also help the beneficiaries in the area of marketing their product by suitably arranging market tie – up with end users or dealers. Linkage with specialized agencies will also be explored.
Step-9:
Ensuring continuous monitoring to ensure timely effective and successful implementation of the project.
In order to implement the enterprise grounding plans effectively and successfully and to ensure the smooth running of these units, regular monitoring of the progress is very critical activity. The project Director will be the in charge of the project and under his direct control and supervision the project team will work. He will directly monitor the progress and obtain feed back from the team member. He will be a specialist in the field of entrepreneurship development.
Step-10:
Technical and market support to the projects established as per their specific need.
R.K. Sansthan will provide assistance / guidance to entrepreneurs as per the need to solve their teething problems if any and to ensure smooth running of the unit. This could be in the areas of market, availability of raw materials of technical problem faced in the manufacturing unit. Besides, growth avenues will also be.
Model for Entrepreneurship Development
- Identification of Potential entrepreneurs through scientific method
- Provide Motivational & competenciesTraining to new entrepreneurs
- Mapping Accessing Opportunities:-Emerging Technologies, Growth & Diversification, Market Survey, Potential Segmentation etc.