Agnel Entrepreneurship Development Institute

Agnel Technical Education Complex

Verna Goa

Project Report

STED PROJECT REPORT FOR FIRST YEAR OF IMPLEMENTATION -  (F.Y-2013 - 2014)
NORTH GOA DISTRICT -  GOA STATE
 
1. Name of the implementing organization    :       Agnel Charities (Agnel Seva Sangh)
                                                                                               Agnel Technical Education Complex,
                                                                                               Verna, Salcete-Goa. 403722.
 
Contact Details                                                :             Ph: (0832)2791420, 2791205, 2791206.
 
Head of Organization                                     :         Fr. Peter De Souza
 
Nodal Person                                                   :         D.S.Prashant
 
Contact Landline                                            :         (0832)2791420 / 2791208
 
Mobile                                                               :         9823235890
 
Fax                                                                    :          0832-2791420 / 2791205
 
E-mail                                                               :         prashant@ciba.org.in
                                                                                     info@ciba.org.in
 
 
2. STED Project Location                                 :
Project site office address                         :       Agnel Entrepreneurship Development Institute, Agnel Technical Education Complex, Assagao, Bardez-Goa.
 
Contact Details                                               :       9823235890
 
Name of Project Officer                               :        Tushar Sawant
 
E-mail                                                              :         prashant@ciba.org.in
                                                                                    info@ciba.org.in
 
 
 
 
3. Date of Sanction and year of start           : 19th October 2013
 
No.of Sanction                                               : 10/8/2013-NEB
 
Year of Sanction                                           : 2013
 
Current year of operation                          : 1st year.
 
 
 
4. Current year of operation and year wise financial status.
 
 
 
Year 1
 
Year 2
 
Year 3
 
Year 4
 
Funds Received
 
Rs.10,99,000/-
 
 
 
 
Funds Utilised
 
Rs.10,49,827/-
 
 
 
 
 
 
5. Yearly Achievements
 
 
Sr.No
 
Parameter
 
Year 1
 
1
 
Year wise details of no. of training programmes conducted
 
 
12
 
2
 
Year wise details of no. of persons trained in different training programmes
 
 
405
 
3
 
Year wise details of no. of new micro enterprise setup
 
 
103
 
4
 
Year wise details of no. of jobs generated
 
391
 
5
 
Average monthly income per micro enterprise
 
7000.00
 
6
 
Average job generated per micro enterprise
 
4 (3.79)
 
7
 
Average age of promoter per micro enterprise
 
37
 
 
8
 
Average educational qualification of the promoter of micro-enterprise (10th ,12th , Graduate, PG)
 
 
H.S.S.C
                       
 
6.      Major S & T Interventions
 
Various micro enterprises with Science and Technology background have been supported to be set up during the period through the project. Science and Technology based training programme are regularly conducted in the project area.
 
 
7.      Innovative Strategies adopted.
 
To make the project more effective the STED Project team with support from Directorate of Industries, Trade and Commerce, Government of Goa has approached the Block Development Offices to organise camps and programmes and to also identify potential entrepreneurs.
 
8.      Two case studies
 
 
9.      Challenges in micro-enterprise development chain specific to location.
 
The STED team is not facing any daunting challenge at the moment. The government machinery is very supporting including the Block Development Offices, the panchayats, the funding agencies are also very supportive. Market interventions support needs to be provided during the later course of the implementation of the project. The plan is to launch an online platform for marketing of products made by STED units.
 
 
 
SUCCESS STORIES
 
NAME OF ENTREPRENEUR: Mr. Vinayak V Damle
 
ADDRESS WITH TEL NO:       Khaitwada Kasarpal,
                                                       Bicholim-Goa.
                                                       Ph.No: 9404468411
 
PRODUCT /SERVICES:            Food Processing Unit
 
TOTAL INVESTMENT in Rs:   11,21, 000/-
 
SOURCE OF FUNDING:           OWN (10%) - Rs.1,12,100/-
 
                                                        BANK / Financial Institution - Rs.10,08,900/-
                                                        GOVT SCHEMES PMEGP.
 
BRIEF BACKGROUND :                           
Shri. Vinayak V Damle is a young entrepreneur who has completed Diploma in Electrical Engineering. He had a dream to start something on his own and this dream lead him to join Entrepreneurship Development Programme in Agnel Entrepreneurship Development Institute (AEDI) and he channelized his passion and ideas so he made use of the land available nearby his house to set up the food processing unit.
 
STED PROJECT ROLE:
Shri. Vinayak V Damle attended Entrepreneurship Development Programme and was motivated and assisted to set up his own enterprise. He was also counselled and guided by staff of Agnel Entrepreneurship Development Institute. Assistance to avail the financial benefit under the Chief Ministers Rojgar Yojana scheme and setting up of the unit was rendered to Mr. Vinayak V Damle. The various products made by his unit are chilli Powder, Turmeric Powder, Garam Masala, Goan Masala, Besan, Wheat & Rice flour and Cashew nuts.
 
CURRENT STATUS:
Shri. Vinayak V Damle is running his unit of Food Processing successfully by employing 10 people till date and still plans to employ more to increase production. 
 
FUTURE PLANS:                
Shri. Vinayak V Damle has plans to expand and diversify in other varieties and other allied products. Currently caters most of Goan industries; hence he has lot of scope for expanding his business. His plan is to build a brand for his cashew nuts which he plans to export in the future.
 
SUCCESS STORIES
 
 
NAME OF ENTREPRENEUR: Mr. Rajesh Shashikant Naik
 
ADDRESS WITH TEL NO:       H.no.28/1, Varsha Smruti,
                                                       Ucassaim Paliem,
                                                       Bardez-Goa.
                                                       Ph.No: 9637873977
 
PRODUCT /SERVICES:            Lathe Machine Workshop Unit
 
TOTAL INVESTMENT in Rs:   5,00,000/-
 
SOURCE OF FUNDING:           OWN (10%) - Rs.50,000/-
 
                                                        BANK / Financial Institution - Rs.4,50,000/-
                                                        GOVT SCHEMES PMEGP.
 
BRIEF BACKGROUND :                           
Shri. Rajesh Shashikant Naik has education qualification as Bachelor of Commerce (B.Com). He joined Rotogravure Printing Press after his education. After spending 18 years in the press he took up the technical job work and started his running business with support from the STED project team six months back.
 
STED PROJECT ROLE:
Shri. Rajesh Shashikant Naik attended 2 Week Entrepreneurship Development Programme conducted by Agnel Entrepreneurship Development Institute. He was trained in entrepreneurship and was hand holded to start his own enterprise.
 
CURRENT STATUS:
Shri. Rajesh Shashikant Naik is running his unit of lathe machine workshop successfully by employing 5 people till date and plans to employ more to increase production. He takes up manufacturing nuts, bolts, taping, threading, drilling and boring.
 
 
FUTURE PLANS:                
Shri. Rajesh Shashikant Naik has plans to expand and diversify in other of products. He is also planning to purchase a CNC
 
 machine to improve the quality and quantity of the products.
 
 
SUCCESS STORIES
 
 
NAME OF ENTREPRENEUR: Mrs. Milan N. Naik
 
ADDRESS WITH TEL NO     : H.no.1523, Udiwada,
                                                       Usgao, Ponda-Goa.
                                                       Ph.No: 9765855762
 
PRODUCT /SERVICES          : Candle Making
 
TOTAL INVESTMENT in Rs:   6,72,870/-
 
SOURCE OF FUNDING         :   OWN (5%) - Rs.33,644/-
 
                                                        BANK / Financial Institution - Rs.6,39,226/-
                                                        GOVT SCHEMES PMEGP.
 
BRIEF BACKGROUND :                           
Mrs. Milan N. Naik has studied till 12th standard in arts stream. She started her Candle Making she is currently doing her business at her home at the above mentioned address.
 
 
STED PROJECT ROLE:
Mrs. Milan N. Naik attended 2Week Entrepreneurship Development Programme under Prime Ministers Employment Generation Programme training by Agnel Entrepreneurship Development Institute. She was trained and assisted to start and scale up her business in Candle Making. They have additional demands on festive time.
 
CURRENT STATUS:
Mrs. Milan N. Naik is running her unit of Candle Making successfully by employing 3 people.
 
 
FUTURE PLANS:                
Mrs. Milan N. Naik has plans to expand the business by taking the products across the neighbouring states.and diversify in other of products. She is also planning to purchase a better and high efficiency machine to improve the quality and quantity of the products