Knowledge Base
ENTREPRENEURSHIP DEVELOPMENT CLUB
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” amongst 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*
1) To nurture the latent entrepreneurial talents.
2) To educate members on various dimensions of industry.
3) To motivate the members to venture into the industrial activity.
4) To bring in successful entrepreneur and students on a common platform.
5) To induct entrepreneurial spirit in the institutions.
6) To inculcate entrepreneurial culture in students.
7) To make them aware of the unlimited developmental potential of the state.
8) To sensitize students on the real economic and industrial development scenario of the state.
9) To inculcate trustworthiness, integrity, hard work, discipline, honesty etc. as constituents of entrepreneurship.
FUNCTIONS OF THE ED CLUBS
ED clubs have a tremendous role to play in the entrepreneurial development of Kerala. The
role of ED clubs may be understood from the functions they perform. The following are the
functions:
1) Organize workshops/ debates.
2) Organize industrial visits to business enterprise within / outside state.
3) Organize interactive sessions with successful entrepreneurs from outside as well as
within the state.
4) Exposure to national and international events in various parts of the country related to
industrial development.
5) Organize Entrepreneurship Clinics & Entrepreneur Awareness Programme.
6) To introduce talented youths to industrial research organizations.
7) 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.120000 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:
1) Entrepreneurship motivation of students.
2) Interaction of students with successful entrepreneurs/ investors / stakeholders etc.
3) Training programme on Industrial Project Preparation and Appraisal.
4) Training Programme on Project Appraisal and Entrepreneur Assessment.
5) Entrepreneurship Awareness Camps.
6) Camp on Entrepreneurial Adventures for Youth.
7) Conducting meaningful surveys related to entrepreneurial development.
8) Essential exposure visits.
ALLIANCE OF INDUSTRY RESEARCH LINKAGE AND ED CLUB
The objective of entrepreneurship Development Club are to inculcate entrepreneurship
qualities, to sensitize industrial scenario of the state, to nurture the entrepreneurial talent, develop
awareness among its members of the attitudes, values, and skills of successful entrepreneurs around
the globe etc. Industry Research Linkage scheme is an innovative scheme created by the
department for supporting research works of R&D institutions and technical institutions. The
objectives of the scheme are creation of testing centers & CFC in research institutions, training to entrepreneurs, identifying opportunities, undertaking research projects, etc. So far the department
has supported many research and academic institutions of the state.
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” amongst 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*
1) To nurture the latent entrepreneurial talents.
2) To educate members on various dimensions of industry.
3) To motivate the members to venture into the industrial activity.
4) To bring in successful entrepreneur and students on a common platform.
5) To induct entrepreneurial spirit in the institutions.
6) To inculcate entrepreneurial culture in students.
7) To make them aware of the unlimited developmental potential of the state.
8) To sensitize students on the real economic and industrial development scenario of the state.
9) To inculcate trustworthiness, integrity, hard work, discipline, honesty etc. as constituents of entrepreneurship.
FUNCTIONS OF THE ED CLUBS
ED clubs have a tremendous role to play in the entrepreneurial development of Kerala. The
role of ED clubs may be understood from the functions they perform. The following are the
functions:
1) Organize workshops/ debates.
2) Organize industrial visits to business enterprise within / outside state.
3) Organize interactive sessions with successful entrepreneurs from outside as well as
within the state.
4) Exposure to national and international events in various parts of the country related to
industrial development.
5) Organize Entrepreneurship Clinics & Entrepreneur Awareness Programme.
6) To introduce talented youths to industrial research organizations.
7) 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.120000 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:
1) Entrepreneurship motivation of students.
2) Interaction of students with successful entrepreneurs/ investors / stakeholders etc.
3) Training programme on Industrial Project Preparation and Appraisal.
4) Training Programme on Project Appraisal and Entrepreneur Assessment.
5) Entrepreneurship Awareness Camps.
6) Camp on Entrepreneurial Adventures for Youth.
7) Conducting meaningful surveys related to entrepreneurial development.
8) Essential exposure visits.
ALLIANCE OF INDUSTRY RESEARCH LINKAGE AND ED CLUB
The objective of entrepreneurship Development Club are to inculcate entrepreneurship
qualities, to sensitize industrial scenario of the state, to nurture the entrepreneurial talent, develop
awareness among its members of the attitudes, values, and skills of successful entrepreneurs around
the globe etc. Industry Research Linkage scheme is an innovative scheme created by the
department for supporting research works of R&D institutions and technical institutions. The
objectives of the scheme are creation of testing centers & CFC in research institutions, training to entrepreneurs, identifying opportunities, undertaking research projects, etc. So far the department
has supported many research and academic institutions of the state.
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