Vol. 4, Issue 4, Part F (2018)

Abstract
Entrepreneurs can start their industrial unit or a business or a service, if proper inputs in the form of training are given. The making of an entrepreneur depend upon conductive environment. The development of entrepreneurship is predicated upon human factor and environment. In India, where human resource is found in plenty, individual with requisite entrepreneurial skill can be identified. It was in 1950 in India that the need for the entrepreneurial development was first felt and since then a substantial amount of research has gone into this sphere. Based on the belief that potential entrepreneurs can be identified and trained, the entrepreneurship development program has been in 1970 to tap the latent talent. Initially, this program was run by the Gujarat industrial and established corporation, and its basic elements and characteristic were crystallized through repeated experiments. In 1978 Gujarat’s financial institutions and industrial, promotion agencies jointly sponsored a separate Center for Entrepreneurship development, to administer the program, The Center’s success in turn convinced. National financial institutions of the relevance of the program and in 1983 it was empowered to conduct research, offer consultancy and training, and assist state-level agencies in carrying out their programs.