INTRODUCTION Entrepreneurship Entrepreneurship is a process of identifying and starting a business venture, sourcing and organizing the required resources

and taking both the risks and rewards associated with the venture. Entrepreneurship is neither science nor an art. It is the practice. Entrepreneurship is a creative human act involving the mobilization of resources from one level of productive use to a higher level of use. Schumpeter on entrepreneurship According to Schumpeter, an entrepreneur is willing and able to convert a new idea or invention into a successful innovation. http://en.wikipedia.org/wiki/Entrepreneurship#Entrepreneur_types Ministry of Agro and Rural Industries (Krishi Evam Gramin Udyog Mantralaya) and Ministry of Small Scale Industries (Laghu Udyog Mantralaya) have been merged into a single Ministry, namely, MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES (sukshma laghu aur madhyam udyam mantralaya). Worldwide, the micro small and medium enterprises (MSMEs) have been accepted as the engine of economic growth and for promoting equitable development. The major advantage of the sector is its employment potential at low capital cost. The labour intensity of the MSME sector is much higher than that of the large enterprises. The MSMEs constitute over 90% of total enterprises in most of the economies and are credited with generating the highest rates of employment growth and account for a major share of industrial production and exports. In India too, the MSMEs play a pivotal role in the overall industrial economy of the country. In recent years the MSME sector has consistently registered higher growth rate compared to the overall industrial sector. With its agility and dynamism, the sector has shown admirable innovativeness and adaptability to survive the recent economic downturn and recession. As per available statistics (4th Census of MSME Sector), this sector employs an estimated 59.7 million persons spread over 26.1 million enterprises. It is estimated that in terms of value, MSME sector accounts for about 45% of the manufacturing output and around 40% of the total export of the country. http://msme.gov.in/welcome.html AIM Aim of the project is to create Entrepreneurship Development and Training Institute, at Salem. OBJECTIVES Promote creative thinking and efficient work culture. Develop communication, marketing and management skills. Make productive business plans.

Secure finance through venture capitalists. Convert innovations into marketable products. Motivate frustrated youths, by recommending self-employment as a way-out for teaming unemployed youth. To promote, aid and foster growth of Small Scale Industries and enhance their competitiveness. http://www.nitt.edu/home/icsr/entrepreneurship/ PROJECT SCOPE In India there is a dearth of quality people in industry, which demands high level of Entrepreneurship development program throughout the country for the growth of Indian economy. National Sample Survey Organization (NSSO) shows that unemployment figures in 2008 est. 9.9 million. In addition there is always problem of underemployment. Planning commission decided to generate opportunities for 10 crore people over a decade.

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DESIGN SCOPE Administration: Reception Entrance lobby Visitors lounge Directors Room Accounts Department Staff Rooms Security Cabin Meeting Room Guest Room Kitchen Dining room Placement cell Cafeteria Toilets ( Ladies and Gents)

Entrepreneurship Development Institute for: Construction Materials 1. Raw materials storage room 2. Manufacturing unit

3. Outdoor space (If necessary) 4. Testing laboratories 5. Quality assurance lab. Bio-manufacturing 1. Testing Lab. 2. Wash area 3. Product monitoring room Electronics, Electrical and Mechanical 1. Nursery Sheds 2. Calibration room 3. Testing room 4. Precision tool room 5. Prototype development room Agro Products 1. Production Lab. 2. Wash area 3. Utility space 4. Quality Assurance Lab. 5. Wide field Information Technology 1. Special Computer lab.

Common Facilities provided in each discipline: Work Shop Seminar Hall Library Computer lab, with internet facility Data bank Space for documentation Product development Faculty room Room for other services such as Photocopying, phone, fax, telex. Toilet (ladies and gents)

Training center (Technical support services, business facilitation services, Communication laboratory and common utility services) Small scale Industry: Retail outlets: Electricity Board: Library: Check in and checkout counter

 Gallery: Cafeteria: Recreation:

Waiting space Catalogue desk Stacks Reference Reading area Digital library Services ( Safety, security) Toilet

Lobby Displays Store room Toilet

Dining area Cash counter Pantry Kitchen Wash area Toilet

Play ground Indoor games Gymnasium Multipurpose hall O.A.T Auditorium

Residence for Boys and Girls: Staff quarters: Services: CASE STUDIES: EDII (Entrepreneurship Development Institute of India) Ahmedabad Parking Central chiller plant Sub-station Sewage treatment plant

NIMSME (National Institute of Micro, Small and Medium Enterprise) Hyderabad SPECIAL STUDY: Cost effective infrastructure