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Question
Explain the following term/concept.
Entrepreneurship Development Programme
Solution
EDP is defined as “a programme designed to help a person in strengthening his entrepreneurial motive and in acquiring skills and capabilities necessary for playing his entrepreneurial role efficiently”. EDP is a program through which:
- People with entrepreneurial traits are identified.
- They are motivated to take up new industrial venture.
- They are trained in managing the unit.
- They are guided in all aspects of starting a venture.
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