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Stream/Area:
-
Subject:
-
Paper ID:
10.55041/IJSREM38350
Volume:
8 |
10 |
Oct 2024
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
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.
KEYWORDS
Publication Date
1/10/2024
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
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