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Deogiri Institute of Engineering and Management Studies: Role of MCED in Entrepreneurship Development

The document discusses the role of the Maharashtra Centre for Entrepreneurship Development (MCED) in promoting entrepreneurship in Maharashtra, India. MCED works under the state government's Directorate of Industries. It aims to develop entrepreneurial skills through various training programs. Some key points: - MCED has trained over 14 lakhs candidates since 1988, with a 37% success rate in enterprise creation. - It organizes lectures, exhibitions and training programs on topics like entrepreneurship development to promote entrepreneurship. - MCED provides special training to youth, women, Scheduled Castes, Scheduled Tribes and minorities to promote entrepreneurship among less privileged groups. - A

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Aakash Ghatul
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636 views11 pages

Deogiri Institute of Engineering and Management Studies: Role of MCED in Entrepreneurship Development

The document discusses the role of the Maharashtra Centre for Entrepreneurship Development (MCED) in promoting entrepreneurship in Maharashtra, India. MCED works under the state government's Directorate of Industries. It aims to develop entrepreneurial skills through various training programs. Some key points: - MCED has trained over 14 lakhs candidates since 1988, with a 37% success rate in enterprise creation. - It organizes lectures, exhibitions and training programs on topics like entrepreneurship development to promote entrepreneurship. - MCED provides special training to youth, women, Scheduled Castes, Scheduled Tribes and minorities to promote entrepreneurship among less privileged groups. - A

Uploaded by

Aakash Ghatul
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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Deogiri Institute of Engineering

and Management Studies


Role of MCED in
Entrepreneurship Development

Guided By:- Presented By:-


Dr. C.R. Phad 1) Rohit Valse
2) Ganesh Tayde
About MCED (Maharashtra Centre for Entrepreneurship Development)

Vision-
“Creating Spirit Of Entrepreneurship Globally”

Mission-
“Facilitating creation of entrepreneurial and managerial capabilities in individuals
& organization; by achieving total customer satisfaction using emerging
technologies, ethics & values, be a financially strong and globally excellent
organization appropriately matching with entrepreneur’s aspirations”

MCED is an autonomous society working under Directorate of industries,


Government of Maharashtra. It is an ISO 9001:2008 certified organization.
MCED has been pioneer in espousing social & economic entrepreneurship
development. It works as a facilitator & guide for the creation & cultivation of
the entrepreneurial spirit in the society.
Brief Profile
 Established with initiative of ‘Udyog Mitra’ on 1.10.1988.
 Total candidates trained 14 lakhs+.
 Success rate 37%.
 Network of 500 computer franchises in the state.
 Monthly magazine “Udyojak” since 1989 & won Darpan Purskar &
other awards
 Head office is at Aurangabad, having 8 regional offices and 36 district
offices in Maharashtra.
 Awarded Maxell Awards-2014 for Excellence in the field of Training
for unemployed youths.
 MCED has its own Portal as www.mced.in

MCED is confident enough that, the people who have potential entrepreneurial
competencies, if they are identified, properly trained and provide them suitable
support during their course of implementation, a very high success rate in the form
of enterprise creation is possible.
Role of MCED:-
MCED comprise a number of programmes which provide the
prospective entrepreneurs with information regarding the scope of
new business, the process of starting new ventures, the mode of
preparation of project reports, and the sources of finance. They
aim at developing human resources and inducing motivation and
competence in the prospective entrepreneurs. They cause proper
utilization of local resources, more employment generation,
promotion of small enterprises and the overall development of an
area.

1)Promote entrepreneurship in the backward region of Maharashtra state-


The main role of MCED is to promote entrepreneurship in the people
from backward region who want to become an entrepreneur by
encouraging them to start a business by providing necessary training.
2)Organize lectures, discussion, exhibitions and training programs to
promote entrepreneurship-
MCED organize many training programs such as
EDP(entrepreneurship development program), OTP(organizer training
program), e-seva (online training programme), e-tendering, gem
portal and gst training programme, soap making & spices making
EDP.

3) Promote entrepreneurship among young graduate, women,


schedule caste, schedule tribes and minorities-
MCED provides entrepreneurship training to young graduate for
enhancing their skills to become an entrepreneur as well as they
provides training to women like spices making, beauty therapy and
hair style training, chocolate making.
MCED organize training programs for specially to SC, ST and
Minorities candidate free of cost.
4) Organize EDP programs in rural areas to search latent
entrepreneurship qualities of young men-
MCED organize special program for people who lives in rural areas of
Maharashtra state having qualities of entrepreneur and help them to
develop their skills, give them information about government subsidies
and schemes.

5) Expand the base of entrepreneurship by inculcating motivation and


entrepreneurial skills among the less privileged sections of society.
Training Programmes of MCED.
Training Title Fees
1) Entrepreneurship Development Rs.4195
Program (EDP)

2) Development Program for Self Rs.1500


Employment (DPSE) General

3) HOW TO SETUP MSME, Rs.1000


GOVT. SCHEMES &
SUBSIDIES
4) Organizer Training Program Rs.4130
(OTP)
5) Retail Banking Operations Rs.4500

6) Goat, Cow, Buffalo Farming Rs.1800


Based on Entrepreneurship
Development

7) Entrepreneurship Awareness Rs.900


Program
EDP (Core Programme)-

Entrepreneurship development programme is a programme meant to


develop entrepreneurial abilities among the people. The concept of
entrepreneurship development programme involves equipping a person
with the required skills and knowledge needed for starting and running the
enterprise. EDP is an effective way to develop entrepreneurs which can
help in accelerating the pace of socio-economic development, balanced
regional growth, and exploitation of locally available resources.

Entrepreneurial Development Programme (EDP) may be defined as a


programme designed to help a person in strengthening his entrepreneurial
motives and in acquiring skills and capabilities necessary for playing his
entrepreneurial role effectively and efficiently. It is therefore necessary to
promote his understanding of motives, motivation pattern, impact on
behaviour and entrepreneurial values.
Contents of EDP-

1)General Approach to Entrepreneurship


2)Motivational Training
3) Developing Management Skills
4) Training for project management
5)Structural Arrangement
6)Support System
7)Factory visits/ in-plant training
Role of EDP-
1. Capital Formation – An entrepreneur mobilises idle savings of the public and
puts them to productive use. Thus, he helps in capital formation. This is very
essential for the industrial and economic development of a country.
2. 2. Employment Opportunities – EDPs enable prospective entrepreneurs in
the setting up of their own enterprises. This enables them to get self-
employment. By setting up more and more enterprises by the entrepreneurs,
both on small and large scale, many job opportunities are created for others.
3. Local Resources – The proper use of local resources promote the
progress and development of the area at lower cost. EDPs help in the
proper use of local resources by providing guidance, assistance,
education and training to the prospective entrepreneurs.

4. Balanced Regional Development – EDPs help in accelerating the pace


of industrialisation in remote and backward areas. Thus, they reduce the
concentration of economic power in the hands of a few. This results in
the development of backward areas and balanced regional development.

5. Improved Per Capita Income – EDPs promote the setting up of more


enterprises. This will help in the generation of more employment and
income.
THANK
YOU !

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