Rural Entrepreneurship Ecosystem Development Programme (REEDP)
Updated: Apr 21
The Rural Entrepreneurship Ecosystem Development Programme (REEDP) is an innovative approach at Dakshakriti ThinkLab, fostering economic growth, social welfare, and environmental sustainability in rural areas. REEDP is a targeted intervention that aims to create an enabling environment for rural entrepreneurship and small business development. The programme seeks to empower rural communities by providing them with the necessary skills, resources, and support to create and sustain their businesses. The main objective of REEDP is to promote inclusive and sustainable economic growth in rural areas, which aligns with the principles of Environmental, Social, and Governance (ESG) and Sustainable Development Goals (SDGs).
REEDP Incubation is implemented through Rural Entrepreneurship Ecosystem Development (REED) Course. You can read more about the course and process to apply here.
About the Programme
The importance of rural development cannot be overstated, as it significantly impacts national and global economic growth, poverty reduction, and environmental sustainability. Therefore, investing in rural development can significantly reduce poverty and improve rural communities’ living standards. Entrepreneurship is a critical driver of economic growth and job creation. However, entrepreneurship in rural areas faces significant challenges due to limited access to finance, infrastructure, and technology. To address this, a Rural Entrepreneurship Ecosystem Development Programme (REEDP) will be implemented using the “Enable-Enhance-Engage-Empower” ™ (4E) framework. This programme aims to support and empower rural entrepreneurs by providing them with the necessary resources and support systems to establish and grow their businesses. REEDP using the 4E framework, is a comprehensive approach to supporting and empowering rural entrepreneurs. The programme aligns with ESG and SDGs by promoting sustainable entrepreneurship in rural areas, which can contribute to economic growth, poverty reduction, and environmental sustainability. The Dakshakriti ThinkLab will act as a hub for innovation and entrepreneurship in rural areas, providing rural entrepreneurs with the necessary resources and support systems to establish and grow successful businesses.
Pre-Incubation: Identifying and screening potential entrepreneurs and social enterprises to participate in the incubation programme.
Incubation - REED: Providing training, mentorship, networking opportunities, access to resources, and support services to help participants develop and grow their businesses. Read more about REED and how to apply here.
Post-Incubation: Providing ongoing support and resources to participants as they launch their businesses and continue to grow and scale.
The Rural Entrepreneurship Ecosystem Development Programme will be implemented through The Dakshakriti ThinkLab, which will act as a hub for innovation and entrepreneurship in rural areas. The programme will consist of four components, which correspond to the four elements of the 4E framework: Enable: The programme's first component is to enable rural entrepreneurs to establish and grow their businesses. This will be achieved by providing resources such as business development services, access to finance, and infrastructure support. The Dakshakriti ThinkLab will provide a platform for entrepreneurs to connect with mentors, investors, and other stakeholders.
Enhance: The second component of the programme is to enhance the skills and capabilities of rural entrepreneurs. This will be achieved through training programmes, workshops, and capacity-building initiatives. The Dakshakriti ThinkLab will offer a range of training programmes on topics such as business management, marketing, and financial literacy.
Engage: The third component of the programme is to engage with stakeholders in the rural entrepreneurship ecosystem. This will be achieved by establishing partnerships with government agencies, non-profit organizations, and other stakeholders. The Dakshakriti ThinkLab will serve as a platform for stakeholders to collaborate and share resources.
Empower: The fourth component of the programme is to empower rural entrepreneurs to become agents of change in their communities. Thus, empowering rural entrepreneurs to lead in their communities and drive sustainable development. The empowerment component includes community development, advocacy, leadership training, mentorship, networking opportunities, and market access. The Dakshakriti ThinkLab will provide a platform for entrepreneurs to showcase their products and services and connect with potential customers.
Expected Outcomes of the Programme
REEDP is expected to have the following outcomes:
Increased entrepreneurship in rural areas
Improved access to finance
Improved market access
Promote sustainable and socially responsible business practices
Increased participation of women and marginalized groups in entrepreneurship
Policy advocacy and reform
Capacity building for local institutions
Strengthened rural entrepreneurship ecosystem
How to Apply for Incubation
Our Partners & Supporters
Dakshakriti (Programme Head) - Programme Development & Implementing Agency
Vina Muze - Recording, Documentation & Events Partner
Live Radio Vina Muze - Broadcasting & Marketing Partner
Xplorize - Logistics Partner
BokUp Pro, Ahikshetra & The Kala Story - E-Marketplace Partner
The Humanity Calls - Social Advocacy Partner
Read more about the REED Incubation course and how to apply here!
For any queries, email us at firstname.lastname@example.org with the subject line ‘REEDP’ or call us at +91-7400255274.