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AN ENTREPRENEURSHIP DEVELOPMENT INITIATIVE
Human being, by birth is enterprising in nature, in different aspects of life. He /
She exhibits enterprising attitude knowingly or unknowingly in day to day
activities. If this inborn nature and spirit is directed towards creating
commercial ventures, with little bit motivation and proper mentoring, the
economic development t of local area and at the national level will zoom up to
higher levels.
The economic development of a nation is possible only by the process of
entrepreneurship and the practicing entrepreneurs are called the real heroes of
the economy. These entrepreneurs are created by effective education and
training on entrepreneurship. The term Entrepreneurship has become a
buzzword now-a-days in India. The start up ecosystem has taken a new
direction and has been galloping with a great speed for economic development
of the nation. The central government has always been keenly interested in job
creation. In order to boost self-employment among the youth, the government
has introduced many schemes. In January, 2016, Prime Minister Narendra Modi
launched Start-up India Action plan to encourage Entrepreneurship and to
facilitate Start-ups. This initiative of the government of India is aimed at
building a strong ecosystem for nurturing innovation and Start-ups in the
country that will facilitate sustainable economic development in the country.
Narendra Modiji called upon the youth to start up and stand up for starting new
ventures and he advised the youth to become employers (job providers) instead
of employees (job seekers). The government of India under the dynamic
leadership of Shri Narendra Modiji is also keen to boost entrepreneurship and
has launched the following initiatives.
 Ministry of Skill Development and Entrepreneurship
 National Policy for Skill Development and Entrepreneurship-2015
 Entrepreneurship Development Scheme
 Pradhan Mantri Kaushal Vikas Yojana
 Make in India
 Start Up India
 MUDRA bank
 Atal Innovation Mission
 Self-Employment Talent Utilization (SETU)
 District Level Incubation and Acceleration Programme
 Rs. 10,000 crore fund for Venture Capital in MSME sector
The government of Telangana is also striving a lot, to create awareness among
the youth about the entrepreneurship, under the leadership of Sri. K.T. Rama
Rao, minister for Information Technology and Panchayathi Raj.
The “Project INSPIRIT”—An Entrepreneurship Development initiative is a
one-day work shop aimed at creating new generation entrepreneurs in
Telangana. This initiative is especially a motivation development programme
aimed at creating self awareness and self-confidence among the students of
degree, post graduation, engineering, M.B.A etc, to undertake entrepreneurship
as their career. The younger generation is equipped with the required knowledge
and the skills to establish and run the business ventures successfully. This
initiative mainly inculcates the entrepreneurial culture among the students in
Telangana state. This work-shop covers a wide range of modules to enable the
participants hone their entrepreneurial skills.
NEED FOR THE INITIATIVE-- “PROJECTINSPIRIT”
The director of this initiative “PROJECT INSPIRIT” being an academician in
the field of Business Education and trainer in the field of Entrepreneurship, has
been witnessing the poor status of Entrepreneurship Education and Training in
Telangana state , especially in semi urban and rural areas. The director, having
closely seen the quality of education in undergraduate and post graduate
colleges in rural areas in Telangana, would like build a model for
entrepreneurship education and training in rural areas, keeping the following
imperatives in the mind.
 The Entrepreneurship Development Programmes (E.D.Ps) in the rural
areas have not been able to yield the desired results in creating awareness
on entrepreneurship and imparting the right skills required for
entrepreneurship among the rural youth in India.
 The Entrepreneurship Development Programmes have been ineffective in
rural areas and they failed to create entrepreneurs in rural areas
 The Entrepreneurship education and training in rural areas in India is just
confined to delivery of lectures and supply of printed notes and
distribution of coursecompletion certificates.
 The Entrepreneurship development Programmes in rural areas in India
are unable to raise the intention levels among rural youth to establish
enterprises, making use of rural resources.
 There exists a huge gap between the govt. policies on Entrepreneurship
and the requirements of the rural youth in terms of awareness and
intentions to start enterprises in the field of entrepreneurship.
 There is a serious lack of motivation among rural youth to make
entrepreneurship as a career option. Majority of the Entrepreneurship
Development Programmes in rural areas are focusing on delivery of
theoretical content on entrepreneurship and timely completion of course,
but not on motivating the younger generation to start entrepreneurship.
OBJECTIVESOF THE INITIATIVE
The main aim of this initiative –INSPIRIT is to create awareness about the
significance of entrepreneurship among the youth in Telangana.
1. To develop the need for achievement among the youth
2. To impart sound knowledge on the conceptof Entrepreneurship
3. To enable the youth develop managerial skills needed for
entrepreneurship
4. To motivate the youth (the students of Degree, postgraduation
Engineering, M.B.A etc) in Telangana to take up Entrepreneurship as
their career.
DURATION OF THE WORK SHOP
1 Day
ELIGIBILITY
Degree, Engineering, Polytechnic, M.B.A or any PostGraduate
degree with a strong zeal to becomeentrepreneurs
INTAKE (PER SESSION)
50 Participants per session
BENEFICIARIESOF THE INITIATIVE
This project INSPIRIT is primarily designed to motivate the younger generation
in Telangana. The youngsters from the following categories will be highly
benefitted by this initiative.
 The students of all undergraduate courses
 The students of all postgraduate courses
 The students of engineering courses
 The students of Polytechnic
 The students of Business Management (M.B.A) course
Besides the aforesaid categories, this program invites aspiring entrepreneurs,
unsuccessful entrepreneurs, successful entrepreneurs, women entrepreneurs,
Youth club members in Telangana to get exposed to the field of
entrepreneurship for a bright career.
MODULES OF THE WORKSHOP
The work shop is of participative type. All the participants needed to participate
in various activities actively to experience behavioural changes towards
entrepreneurship.
INTRODUCTION
TO
ENTREPRENNEURSHIP
MANAGERIAL skills REQUIRED
FOR
ENTREPRENEURs
EXPECTED IMPACT OF THE INITIATIVE
The final output and the deliverables of the proposed initiative are youth &
undergraduate students –centric and region focused.
The awareness levels on entrepreneurship among the undergraduate students in
Telangana will be enhanced. The proposed workshops act as short term
incubators for aspiring entrepreneurs to learn and act in the field of
entrepreneurship.
It is also expected that the proposed initiative will finally result in transformed
mindsets of the rural youth from being job-seekers to job-creators.
The motivational levels among the youth towards entrepreneurship are also
expected to be enhanced, which is very seriously lacking at present.
TESTING OF BUSINESS APTITUDE
OF
THE PARTICIPANTS
STORIES OF
SUCCESSFUL
ENTREPRENEURS
BUSINESS PLAN
Raised need for achievement motivation for entrepreneurship which is a
primary trait for entrepreneurs, is also expected positively as a final output of
this proposed initiative.
EXPECTED IMPACT AT THE FIELD LEVEL
The proposed initiative Project INSPIRIT is aimed at achieving the following
impact
Benefitto the youth
The workshops conducted will create awareness on entrepreneurship among the
undergraduate students in rural areas in Telangana state. The rural youth will
get to know the importance of entrepreneurship in the present day competitive
and highly dynamic society. They will find the direction towards honing their
skills on entrepreneurship. It is expected that the mindset of the rural youth will
be changed from job seeking attitude to job creating attitude. They will start
thinking in terms of acquiring knowledge instead of marks and percentages,
which is prevalent in almost all parts of the country. The youth, specially,
undergraduate students will be motivated to take up entrepreneurship, which of
course would change the life styles of the rural people, if practiced positively
and successfully.
Benefit to the rural unemployment
Since this initiative focuses much on enterprise formation and job creation, it
will help reduce unemployment in rural areas in the long run. The rural youth
who wonder aimlessly after completing their studies and who resort to unlawful
activities such as—alcoholism, extremism etc will be engaged seriously in
business activities, thus reducing the problem of unrest among rural youth.
Benefit to regionaldevelopment
The impact of this proposed initiative on region development is substantial.
When the youth transform into first generation entrepreneurs, the local
resources would be utilized properly to contribute in the economic development
of the regions. The newly emerged entrepreneurs will even help in mitigating
social evils such as—casteism, superstitions, dowry demand, domestic violence,
drug peddling etc. The positive traits such as—rational thinking, work culture
and time management among the youth will be enhanced leading to the holistic
development of the regions in the Telangana.
Interested candidates can contact for further details:
Work shop Coordinator—Project INSPIRIT
Dr.CH.ANJANEYULU
Assistant Professor,
Dept. of Business Management,
Telangana University
Dichpally—Nizamabad
Mobile; 9849443686, email: inspirit@gmail.com

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PROJECT INSPIRIT--An ENTREPRENEURSHIP DEVELOPMENT PROGRAMME

  • 1. P P PR R RO O OJ J JE E EC C CT T T I I IN N NS S SP P PI I IR R RI I IT T T AN ENTREPRENEURSHIP DEVELOPMENT INITIATIVE Human being, by birth is enterprising in nature, in different aspects of life. He / She exhibits enterprising attitude knowingly or unknowingly in day to day activities. If this inborn nature and spirit is directed towards creating commercial ventures, with little bit motivation and proper mentoring, the economic development t of local area and at the national level will zoom up to higher levels. The economic development of a nation is possible only by the process of entrepreneurship and the practicing entrepreneurs are called the real heroes of the economy. These entrepreneurs are created by effective education and training on entrepreneurship. The term Entrepreneurship has become a buzzword now-a-days in India. The start up ecosystem has taken a new direction and has been galloping with a great speed for economic development of the nation. The central government has always been keenly interested in job creation. In order to boost self-employment among the youth, the government has introduced many schemes. In January, 2016, Prime Minister Narendra Modi launched Start-up India Action plan to encourage Entrepreneurship and to facilitate Start-ups. This initiative of the government of India is aimed at building a strong ecosystem for nurturing innovation and Start-ups in the country that will facilitate sustainable economic development in the country.
  • 2. Narendra Modiji called upon the youth to start up and stand up for starting new ventures and he advised the youth to become employers (job providers) instead of employees (job seekers). The government of India under the dynamic leadership of Shri Narendra Modiji is also keen to boost entrepreneurship and has launched the following initiatives.  Ministry of Skill Development and Entrepreneurship  National Policy for Skill Development and Entrepreneurship-2015  Entrepreneurship Development Scheme  Pradhan Mantri Kaushal Vikas Yojana  Make in India  Start Up India  MUDRA bank  Atal Innovation Mission  Self-Employment Talent Utilization (SETU)  District Level Incubation and Acceleration Programme  Rs. 10,000 crore fund for Venture Capital in MSME sector The government of Telangana is also striving a lot, to create awareness among the youth about the entrepreneurship, under the leadership of Sri. K.T. Rama Rao, minister for Information Technology and Panchayathi Raj. The “Project INSPIRIT”—An Entrepreneurship Development initiative is a one-day work shop aimed at creating new generation entrepreneurs in Telangana. This initiative is especially a motivation development programme aimed at creating self awareness and self-confidence among the students of degree, post graduation, engineering, M.B.A etc, to undertake entrepreneurship as their career. The younger generation is equipped with the required knowledge and the skills to establish and run the business ventures successfully. This
  • 3. initiative mainly inculcates the entrepreneurial culture among the students in Telangana state. This work-shop covers a wide range of modules to enable the participants hone their entrepreneurial skills. NEED FOR THE INITIATIVE-- “PROJECTINSPIRIT” The director of this initiative “PROJECT INSPIRIT” being an academician in the field of Business Education and trainer in the field of Entrepreneurship, has been witnessing the poor status of Entrepreneurship Education and Training in Telangana state , especially in semi urban and rural areas. The director, having closely seen the quality of education in undergraduate and post graduate colleges in rural areas in Telangana, would like build a model for entrepreneurship education and training in rural areas, keeping the following imperatives in the mind.  The Entrepreneurship Development Programmes (E.D.Ps) in the rural areas have not been able to yield the desired results in creating awareness on entrepreneurship and imparting the right skills required for entrepreneurship among the rural youth in India.  The Entrepreneurship Development Programmes have been ineffective in rural areas and they failed to create entrepreneurs in rural areas  The Entrepreneurship education and training in rural areas in India is just confined to delivery of lectures and supply of printed notes and distribution of coursecompletion certificates.  The Entrepreneurship development Programmes in rural areas in India are unable to raise the intention levels among rural youth to establish enterprises, making use of rural resources.  There exists a huge gap between the govt. policies on Entrepreneurship and the requirements of the rural youth in terms of awareness and intentions to start enterprises in the field of entrepreneurship.
  • 4.  There is a serious lack of motivation among rural youth to make entrepreneurship as a career option. Majority of the Entrepreneurship Development Programmes in rural areas are focusing on delivery of theoretical content on entrepreneurship and timely completion of course, but not on motivating the younger generation to start entrepreneurship. OBJECTIVESOF THE INITIATIVE The main aim of this initiative –INSPIRIT is to create awareness about the significance of entrepreneurship among the youth in Telangana. 1. To develop the need for achievement among the youth 2. To impart sound knowledge on the conceptof Entrepreneurship 3. To enable the youth develop managerial skills needed for entrepreneurship 4. To motivate the youth (the students of Degree, postgraduation Engineering, M.B.A etc) in Telangana to take up Entrepreneurship as their career. DURATION OF THE WORK SHOP 1 Day ELIGIBILITY Degree, Engineering, Polytechnic, M.B.A or any PostGraduate degree with a strong zeal to becomeentrepreneurs INTAKE (PER SESSION)
  • 5. 50 Participants per session BENEFICIARIESOF THE INITIATIVE This project INSPIRIT is primarily designed to motivate the younger generation in Telangana. The youngsters from the following categories will be highly benefitted by this initiative.  The students of all undergraduate courses  The students of all postgraduate courses  The students of engineering courses  The students of Polytechnic  The students of Business Management (M.B.A) course Besides the aforesaid categories, this program invites aspiring entrepreneurs, unsuccessful entrepreneurs, successful entrepreneurs, women entrepreneurs, Youth club members in Telangana to get exposed to the field of entrepreneurship for a bright career. MODULES OF THE WORKSHOP The work shop is of participative type. All the participants needed to participate in various activities actively to experience behavioural changes towards entrepreneurship. INTRODUCTION TO ENTREPRENNEURSHIP MANAGERIAL skills REQUIRED FOR ENTREPRENEURs
  • 6. EXPECTED IMPACT OF THE INITIATIVE The final output and the deliverables of the proposed initiative are youth & undergraduate students –centric and region focused. The awareness levels on entrepreneurship among the undergraduate students in Telangana will be enhanced. The proposed workshops act as short term incubators for aspiring entrepreneurs to learn and act in the field of entrepreneurship. It is also expected that the proposed initiative will finally result in transformed mindsets of the rural youth from being job-seekers to job-creators. The motivational levels among the youth towards entrepreneurship are also expected to be enhanced, which is very seriously lacking at present. TESTING OF BUSINESS APTITUDE OF THE PARTICIPANTS STORIES OF SUCCESSFUL ENTREPRENEURS BUSINESS PLAN
  • 7. Raised need for achievement motivation for entrepreneurship which is a primary trait for entrepreneurs, is also expected positively as a final output of this proposed initiative. EXPECTED IMPACT AT THE FIELD LEVEL The proposed initiative Project INSPIRIT is aimed at achieving the following impact Benefitto the youth The workshops conducted will create awareness on entrepreneurship among the undergraduate students in rural areas in Telangana state. The rural youth will get to know the importance of entrepreneurship in the present day competitive and highly dynamic society. They will find the direction towards honing their skills on entrepreneurship. It is expected that the mindset of the rural youth will be changed from job seeking attitude to job creating attitude. They will start thinking in terms of acquiring knowledge instead of marks and percentages, which is prevalent in almost all parts of the country. The youth, specially, undergraduate students will be motivated to take up entrepreneurship, which of course would change the life styles of the rural people, if practiced positively and successfully. Benefit to the rural unemployment Since this initiative focuses much on enterprise formation and job creation, it will help reduce unemployment in rural areas in the long run. The rural youth who wonder aimlessly after completing their studies and who resort to unlawful activities such as—alcoholism, extremism etc will be engaged seriously in business activities, thus reducing the problem of unrest among rural youth. Benefit to regionaldevelopment
  • 8. The impact of this proposed initiative on region development is substantial. When the youth transform into first generation entrepreneurs, the local resources would be utilized properly to contribute in the economic development of the regions. The newly emerged entrepreneurs will even help in mitigating social evils such as—casteism, superstitions, dowry demand, domestic violence, drug peddling etc. The positive traits such as—rational thinking, work culture and time management among the youth will be enhanced leading to the holistic development of the regions in the Telangana. Interested candidates can contact for further details: Work shop Coordinator—Project INSPIRIT Dr.CH.ANJANEYULU Assistant Professor, Dept. of Business Management, Telangana University Dichpally—Nizamabad Mobile; 9849443686, email: inspirit@gmail.com