Entrepreneurship Development Program

Posted: 2019-02-19 23:54:31
1. Introduction

The comprehensive training package of the Entrepreneurship Development Programme (EDP) is based on conceptual understanding of the process of entrepreneurship development. An entrepreneur passes through different stages during the process of setting up his/her venture. The task of developing entrepreneurs comprises of (a) developing the entrepreneurial capabilities; (b) ensuring that each potential entrepreneur has a viable business; (c) equipping them with basic managerial understanding, and (d) guiding them to secure financial, infrastructural and related assistance so that an enterprise is launched.

Following to the agreement between World Vision International/Cambodia (WVI) based in Phnom Penh and National Institute of Entrepreneurship and Innovation (NIEI), NIEI conducted a seven-day training workshop on Entrepreneurship Development Program (EDP) from September 05th to 11th, 2018 at NIEI, Phnom Penh. There were 23 participants (Female: 16), under the WVI (YLLD) Project.

2. Training Objectives
  • To create awareness of entrepreneurial competencies that contributes towards setting up, improving and/or extending micro business enterprises. 
  • To initiate the process of development of certainties i.e., entrepreneurial competencies.
  • To sharpen decision making processes through understanding key aspects of managing and performing improvement in business enterprise.
  • To create individual business plan.
3. Target Group and Number of Trainees

There were 23 participants (Female: 16). The target group was from Phnom Penh and Takeo.

4. Training Methodology

There are practical activities used during the five-day training workshop such as energizer, lectures, brainstorming, role play, case studies, simulation exercises, group discussions, audio-visual presentations, actual sales place based training, and experience sharing by the trainers to the participants and best practices of successful entrepreneur( Guest Speaker: Vong Vutha).

5. Training Topics
  • Micro Lab  (Who am I) 
  • Business overview- interaction with successful entrepreneur 
  • Entrepreneurial Competencies-Awareness
  • Business idea and opportunity identification-(Business idea generation and Screening) related to creative thinking
  • Systematic Planning-Tower Building related to Leadership Skills and Team Work
  • Time management
  • Problem solving and decision making
  • Characteristics of a good seller, related to negotiation skills
  • Market Research and Marketing Strategies (4 P's)
  • Financial Management
  • Costing and Pricing
  • Simple Bookkeeping
  • Mini-market related to communication building
  • Success Business: Best Practice of Business Quest Speaker
  • Business Plan (Model Canvas) and Business Plan Presentation