FACULTY DEVELOPMENT PROGRAMME ON ENTREPRENEURSHIP AWARENESS AND DEVELOPMENT

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1 FACULTY DEVELOPMENT PROGRAMME ON ENTREPRENEURSHIP AWARENESS AND DEVELOPMENT FEBRUARY, 2016 Organized by

2 INTRODUCTION Entrepreneurship is a key driver of our economy. Wealth and a high majority of jobs are created by small businesses started by entrepreneurially minded individuals, many of whom go on to create big businesses. People exposed to entrepreneurship frequently express that they have more opportunity to exercise creative freedoms, higher self- esteem, and an overall greater sense of control over their own lives. Few until recently believed that entrepreneurs could be created through educational endeavours, or that Entrepreneurship could be a matter of teaching or training. Initially educational interventions in Entrepreneurship were given less importance but after a series of successful demonstrations, it was proved that entrepreneurs could be created through teaching, training and counseling interventions as well. As a result, today s educators believe that fostering a robust entrepreneurial culture will maximize economic and social success on a local, national, and global scale. The need of the hour, therefore, is to make Entrepreneurship Development more effective by imparting relevant education focusing on developing entrepreneurial competencies, skills in identifying a viable business opportunity & preparing business plan, knowledge on how to mobilize resources and manage an enterprise. There is a growing realization that by motivating young technical students to take up an entrepreneurial career, their creative talents can be converted into productive resources. In order to achieve this, it is essential that entrepreneurial values be inculcated in them along with regular academic inputs. The most crucial agents, however, in the process of developing young entrepreneurs are teachers and trainers with adequate knowledge, information and skills in the area of entrepreneurship. It is with this in mind that, Indian School of Mines, Dhanbad will be conducting a Faculty Development Programme in Entrepreneurship Awareness and Development to develop capabilities of teachers on entrepreneurship module and equip them to carry out Entrepreneurship Development activities independently. In the recent budget speech of Honourable Union Finance Minister, Indian School of Mines has been conferred the status of full-fledged IIT. This programme is targeted at faculty members of Engineering, Management, Science & Technology (S&T) institutions, colleges and business schools, Polytechnics and Entrepreneurship Development Organizations. PROGRAMME OBJECTIVES The Faculty Development Programme (FDP) aims at equipping teachers with skills and knowledge that are essential for inculcating entrepreneurial values in students and guiding and monitoring their progress towards entrepreneurial career. The major objectives of this programme are to: Equip the participants with requisite skills, knowledge and competencies for effective initiation of Entrepreneurship Awareness Camps and Entrepreneurship Orientation Courses in their colleges/ polytechnics. Expose the participants to the comprehensive entrepreneurship development process and equip them to coordinate/ organize entrepreneurship development related activities in their colleges/ polytechnics. Enable them to guide and counsel students towards an entrepreneurial career.

3 PROGRAMME CONTENTS PEDAGOGY Concept and Evolution of Entrepreneurship Entrepreneurship Development Programmes (EDPs): Methodologies & Strategies EDPs in India Profile of an entrepreneur and Scanning of Business Environment Market assessment for new initiatives Project Identification & opportunity guidance Innovation, Creativity and Idea Generation Product innovation and technology An overview on SSI and MSME Units, Agencies involved in promoting the units Developing viable and feasible Business plan Financial aspects of Startups, Project cost, Cost of production & Profitability Financing the Startup,Venture Capital Funding Interface with successful entrepreneur & success stories Factory Visit The design of the programme is learner-centered and interactive. The FDP shall provide inputs on process and practice of entrepreneurship development, communication and inter-personal skills, creativity, problem solving, achievement motivation training and inputs on resource & knowledge industries. The training methodology includes case studies, group discussion, games and simulation exercise, field visits and classroom lectures. Contemporary audio-visual aids will be used to the maximum extent during the sessions of the proposed programme. TARGET GROUP The target participants for the programme include Faculty Members of Engineering, Science & Technology (S&T) institutions, Business Schools, Colleges and Polytechnics/ITI; Trainers and Resource Persons from Entrepreneurship Development Organizations. OTHER RELEVANT INFORMATION There is no course fee for the delegates. Participants should fill up the registration form and submit to the coordinators of the programme. Boarding and Lodging facilities will be provided to outside delegates at ISM Executive Development Centre. Registration will be on first come first served basis subject to availability of accommodation at EDC. Certificates will be awarded at the completion of the training programme. DATE AND DURATION February 22, 2016 (Monday) to February 26, 2015 (Friday).

4 VENUE, ISM, Dhanbad. COURSE COORDINATORS Dr. Niladri Das Assistant Professor, Phone: (M), (O) Prof J K Pattanayak, Professor, jkpattanayak@yahoo.co.in Phone: (M), (O)

5 FACULTY DEVELOPMENT PROGRAMME ON ENTREPRENEURSHIP AWARENESS AND DEVELOPMENT February 22-26, 2015 APPLICATION FORM Name of the Delegate: Designation: Affiliation/Institution :... Address of the Delegate:.. Telephone No: Date: Signature:

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