ED Cycle
ED Cycle
ED Cycle
Stimulatory Phase
Developing a data bank on new products and process available to target group.
Identifying entrepreneurs.
and
selecting
potential
Making
available
techno-economic
Helping them to develop project report. Developing a data bank on new products and process available to target group.
Creating forums for entrepreneurs to discuss their mutual problems and success.
Evolving
new
products
and
processes
Public
recognition
of
entrepreneurial
excellence.
Support Phase
This includes all such activities that help entrepreneurs in establishing and running their enterprises. The activities in this phase may include:
These activities provide nurturance and remove many hurdles which are likely to cause sickness or discourage the new entrepreneurs
Registration of the unit. Arranging finance of any type 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 and layout.
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 Providing information related to the industry.
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:
Modification or change in legislation/policy affecting units. Creation of new avenues for marketing. Quality testing and quality improvement at low cost .
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.
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