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Performance analysis of Entrepreneurs in the implementation of SVEP at Chumukedima and Jakhama blocks of Nagaland

Year: 2024

Type: article

Abstract: The study highlights that education, income and the support provided by the Startup Village Entrepreneurship Programme (SVEP) ecosystem were the significant factors influencing the performance of entrepreneurs. Those enrolled in the program outperformed pre-SVEP entrepreneurs. Continuous support in the form of mentorship, access to finance and marketing linkages and capacity-building training played crucial roles in enhancing entrepreneurs' performance and income. Nevertheless, overall, there has been growth in income, fixed assets, and employment opportunities in sectors such as manufacturing, trading, and services. Furthermore, the introduction of technological interventions for monitoring, bookkeeping and online platforms tailored for SVEP entrepreneurs, as well as marketing consortiums and scheme convergence is expected to have a significant impact on the scheme and rural entrepreneurs. Key words: SVEP, Ecosystem. Manufacturing, Trading and Services.

Source: INTERANTIONAL JOURNAL OF SCIENTIFIC RESEARCH IN ENGINEERING AND MANAGEMENT

DOI: 10.55041/ijsrem38350

Authors: Dr. Harajyoti Mazumdar, Dr. Santanu Mohan Deka

Language: English

Topic: Entrepreneurship Studies and Influences

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Decent work and economic growth, No poverty, Industry, innovation and infrastructure

Open Access status: bronze

OpenAlex ID: W4404080232

FWCI:

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