Q.An Entrepreneurship Development Programme (EDP) is:

An EDP is a planned, organised programme that combines motivation, knowledge, skill-training and follow-up guidance to develop entrepreneurial competencies and help a person set up and run an enterprise. It is needed because competencies must be actively developed, potential entrepreneurs must be identified, the high failure rate of new units must be reduced, knowledge and skill gaps must be bridged, and self-employment must be promoted, especially among first-generation and weaker-section entrepreneurs. Its objectives are to develop competencies, select suitable entrepreneurs, motivate them, help choose a v …