Introduction to Entrepreneurship Development Club [EDC]
Slow growth of entrepreneurship in Kerala is mainly due to the lack of
‘entrepreneurial skill’. To overcome this problem Department of Industries
& Commerce, Government of Kerala formulated a scheme to set up “Entrepreneurship
Development Clubs” in schools and colleges of the state to inculcate
“Entrepreneurial Culture” among youth and equip them with the skills,
techniques and confidence to act as torch- bearers of “Enterprise” for the new
generation
MISSION
To create wealth and employment commensurate with unlimited
natural and immense human resource potential of Kerala by developing
entrepreneurship in the youth.
Objectives of ED Clubs
- To nurture the latent entrepreneurial talents.
- To educate members on various dimensions of industry.
- To motivate the members to venture into the industrial activity.
- To bring in successful entrepreneur and students on a common platform.
- To induct entrepreneurial spirit in the institutions.
- To inculcate entrepreneurial culture in students.
- To make them aware of the unlimited developmental potential of the state.
- To sensitize students on the real economic and industrial development scenario of the state.
- To inculcate trustworthiness, integrity, hard work, discipline, honesty etc. as constituents of entrepreneurship.
Functions of ED Club
- Organize workshops/ debates.
- Organize industrial visits to business enterprise within / outside state.
- Organize interactive sessions with successful entrepreneurs from outside as well as within the state.
- Exposure to national and international events in various parts of the country related to industrial development.
- Organize Entrepreneurship Clinics & Entrepreneur Awareness Programme.
- To introduce talented youths to industrial research organizations
- To familiarize the youths to the latest developments through media
IMPLEMENTING AGENCY
District Industries Centre (DIC) concerned will be the
implementing agency. General Manager, DIC shall advise the activities and have
close liaison in conducting the activities.
FINANCIAL ASSISTANCE
A grant of Rs.20000 per annum will be given to
each club by the Department of Industries & Commerce. A minimum of 10% is
to be contributed by the institution.
THE FUNDS CAN BE UTILIZED PREFERABLY FOR THE FOLLOWING
PURPOSES:
- Entrepreneurship motivation of students
- Interaction of students with successful entrepreneurs/ investors / stakeholders etc.
- Training programme on Industrial Project Preparation and Appraisal.
- Training Programme on Project Appraisal and Entrepreneur Assessment.
- Entrepreneurship Awareness Camps.
- Camp on Entrepreneurial Adventures for Youth.
- Conducting meaningful surveys related to entrepreneurial development.
- Essential exposure visits.
Procedures for starting ED Club
- Appoint a ED club Teacher coordinator
- Open a joint account in any nationalised bank by Teacher coordinator and Principal
- Prepare profile of teacher coordinator
- Make a project proposal for a period of 6 month
- Minimum number of student : 25
- Application submitted to District Industrial Centre along with documents
Model documents for registration
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