Entrepreneurship Development Program
VKai's Entrepreneurship Development Programme (EDP) is a transformative initiative designed to equip marginalized communities with the skills, mindset, and support needed to become successful entrepreneurs. Built on the STEM framework—Self, Technical Expertise, Ecosystem, and Mindset—the program integrates experiential learning with 75% hands-on tasks and practical business skill development.
Entrepreneurship Development Program
VKai's Entrepreneurship Development Programme (EDP) is a transformative initiative designed to equip marginalized communities with the skills, mindset, and support needed to become successful entrepreneurs. Built on the STEM framework—Self, Technical Expertise, Ecosystem, and Mindset—the program integrates experiential learning with 75% hands-on tasks and practical business skill development.
Entrepreneurship Development Program
The programme is designed based on Kolb’s experiential learning cycle – with the participants spending 75% of their time working on structured tasks for developing entrepreneurial skills and spending their remaining time in the classroom reflecting and learning from their work. It involves business skill development in the pre-incubation phase through facilitated learning and practicum work and incubation support for business establishment post training.
How Does EDP Turn Challenges Into Opportunities for Economic Empowerment?
The EDP is a transformative initiative designed to tackle unemployment and bridge the socio-economic divide among marginalized communities. EDP bridges gap by empowering individuals and fostering a culture of self-reliance to reduce dependence on scarce employment options. The marginalized groups often lack access to education, skills, resources, and opportunities. VKai supports in equipping them with practical skills and nurturing an entrepreneurial mindset.
EDP harnesses the potential of locally available raw materials and traditional skills for promotion of micro and small enterprises based on these resources. It revitalizes rural and urban economies, fosters sustainable livelihoods. EDP addresses a significant gap left by conventional education system, which overlook the practical and experiential components of entrepreneurship. EDP ensures that participants not only gain theoretical knowledge but also acquire real-world business acumen.
In a socio-cultural context where gender and economic disparities significantly limit economic participation, EDP stands out as a tool for empowerment. EDP fosters innovation and adaptability, equipping entrepreneurs with the resilience and problem-solving skills needed to navigate dynamic and competitive market landscapes effectively
The 4D Approach for Entrepreneurial Development
EDP as a Catalyst
VKai follows a structured approach to empowering marginalized communities through capacity building, skill enhancement, and incubation support. The process is guided by four distinct phases, ensuring a holistic and experiential learning journey for participants.
Entrepreneurship Development Program
The programme is designed based on Kolb’s experiential learning cycle – with the participants spending 75% of their time working on structured tasks for developing entrepreneurial skills and spending their remaining time in the classroom reflecting and learning from their work. It involves business skill development in the pre-incubation phase through facilitated learning and practicum work and incubation support for business establishment post training.
How Does EDP Turn Challenges Into Opportunities for Economic Empowerment?
The EDP is a transformative initiative designed to tackle unemployment and bridge the socio-economic divide among marginalized communities. EDP bridges gap by empowering individuals and fostering a culture of self-reliance to reduce dependence on scarce employment options. The marginalized groups often lack access to education, skills, resources, and opportunities. VKai supports in equipping them with practical skills and nurturing an entrepreneurial mindset.
EDP harnesses the potential of locally available raw materials and traditional skills for promotion of micro and small enterprises based on these resources. It revitalizes rural and urban economies, fosters sustainable livelihoods. EDP addresses a significant gap left by conventional education system, which overlook the practical and experiential components of entrepreneurship. EDP ensures that participants not only gain theoretical knowledge but also acquire real-world business acumen.
In a socio-cultural context where gender and economic disparities significantly limit economic participation, EDP stands out as a tool for empowerment. EDP fosters innovation and adaptability, equipping entrepreneurs with the resilience and problem-solving skills needed to navigate dynamic and competitive market landscapes effectively