what is entrepreneurial development programme

An Entrepreneurial Development Programme (EDP) is a program designed to help individuals develop entrepreneurial abilities and acquire the skills and knowledge needed to start and run a successful business. The program consists of structured training to develop an individual as an entrepreneur, including developing managerial, technical, financial, and marketing skills, inculcating personality traits, promoting and reforming entrepreneurial behavior and values, identifying potential entrepreneurs, applying scientific methods, motivational training, and building a network of entrepreneurs. The objectives of EDP are to motivate individuals to choose entrepreneurship as a career and to prepare them to exploit market opportunities for their own business successfully. The program plays four roles to help an individual become an entrepreneur, including a stimulatory role, a supportive role, a catalytic role, and a regulatory role. The EDP program is offered by various organizations, including the Small Business Administration (SBA) in the United States, which provides quality training, counseling, and access to resources to small businesses via SBA resource partners located throughout the country.