MAHARASHTRA STATE BOARD OF TECHNICAL

EDUCATION

SHRI H. H. J. B POLYTECHNIC,
CHANDWAD-423101 (Nashik)

MICRO PROJECT
Academic year -2024-25

TITLE OF PROJECT

Prepare a Business Plan ln Food Processing Industry

Program: Computer Technology Program Code: CM

Course: Enterpreneurship Development Course Code:22032

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 Teacher Evaluation Sheet

Name of Student: Jamdhade Neha Anil

Enrolment No: 2200790153
Name of Program: Computer Technology Semester:-VI
Course Title: Enterpreneurship Development (EDE) Code: -22032
Title of the Micro Project: Prepare a Business Plan ln Food Processing Industry
Course Outcomes Achieved:-
a) CO-a Identify your entrepreneurial traits.
b) CO-b Identify the business opportunities that suits you.
c) CO-c Use the support systems to zero down to your business idea.
d) CO-d Develop comprehensive business plan
e) CO-e Prepare plans to manage the enterprise effectively

f) Evaluation as per Suggested Rubric for Assessment of Micro-Project:

Sr.
Characteristic to be Poor Average Good Excellent
No.
assessed (Marks 1-3) (Marks 4-5) (Marks 6 - 8) (Marks 9-10)
(A) Process and Product Assesssment (Convert above total marks out of 6 marks)

1 Relevance to the Course

Literature Survey /
2
Information Collection
Completion of the Target as
3
per project proposal
Analysis of data and
4
representation
5 Quality of Prototype / Model
6 Report Preparation
(B) Individual Presentation / Viva (Convert above total marks out of 4 marks)

8 Presentation
9 Viva
Micro – Project Evaluation Sheet:

Process Assessment Product Assessment

Name of Student Part Project Part Individual Total
A – project Methodology B – Project Presentation / Marks 10
Proposal (2 marks) Report / Working Viva (4 marks)
(2 marks) Model(2 marks)

Jamdhade Neha Anil

Comments / Suggestions about team work / leadership / inter – personal communication (if any)

Any Other Comment

Name and designation of the faculty Member: Mr. S.S.Aher Signature

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MAHARASHTRA STATE BOARD OF TECHNICAL EDUCATION

Sr.No. Name of Student Roll No Enrollment No Seat No

1. Jamdhade Neha Anil 29 2200790153 417246

CERTIFICATE
This is to certify 1) Jamdhade Neha Anil
of 6th Semester of Diploma in Computer Technology of Institute, S.H.H.J.B POLYTECHNIC,
CHANDWAD (Code: 0079) has completed the Micro-Project satisfactorily in Subject Enterpreneurship
Development (22032) for the academic year 2024- 2025 as prescribed in the curriculum.

Place: Chandwad

Date: 22 /4 /2025

Subject Teacher Head of the Department Principal

(Mr.S.S.Aher) (Mr.P.R.Sali) (Dr. V. A.Wankhede)

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 INDEX

SR_NO. CONTENT PAGE NO.

Part A
1
1.0 Brief Introduction
1
2.0 Aim of Micro Project
1
3.0 Action Plan
3
4.0 Resources Required

Part B
2
1.0 Brief Description
2-8
2.0 Aim of Micro Project
8
3.0 Course Outcome Integrated
9
4.0 Actual Procedure Followed
10
5.0 Actual Resource Used
11
6.0 Outputs of the Micro-projects
12
7.0 Skill Developed
12
8.0 Applications of this Microproject

4
5
 PART A-Plan

Title of micro-project: Prepare a Business Plan ln Food Processing IndustryIndustry 1.0

Aim/Benefits of the Micro-Project-

1. Profitable business establishment.

2. Meeting consumer demand for quality food products.

3. Ensuring food safety and building trust.

4.Contributing to economic growth and local circumfacility.

5. Implementing sustainable practices.

2.0 Course Outcomes Addressed-

CO-a Identify your entrepreneurial traits

CO-b Identify the business opportunities that suits you
CO-c Use the support systems to zero down to your business idea.
CO-d Develop comprehensive business plan.
CO-e Prepare plans to manage the enterprise effectively.

3.0 Proposed Methodology-

1. Discussion about topic with guide and among group members.

2. Submission of project proposal.
3. Information collection.
4. Analysis of Data.
5. Compilation of the content.
6. Representation..
7. Editing and Revising the content.
4.0 Action Plan-

Details of activity Planned Start Planned

Sr Date Finish Date
no.

1. Finalization of topic
2. Preparation of Abstract
3. Collection of data
4. Preparation of concept
5. Seminar / Presentation
6. Submission of Micro Project

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5.0 Resources Required:

Sr.N Name of Resource/Material Specification Quantity Remarks

o
1. Computer (Desktop/Laptop) i3,RAM 2GB 1 Available
2. Microsoft office word 2010 1 Available
3. Books - - Available
4. Websites - - Available
5. Softwares - 1 Available

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8
 PART B-Plan

Title of micro-project:-Prepare a Business Plan ln Food Processing Industry

1.0 Brief Description:

1. Executive Summary: A concise overview of your business plan, highlighting the

key points such as your business idea, target market, competitive advantage, and
financial projections.

2. Business Description:An in-depth explanation of your food processing business,

including the types of products you plan to process, your business model, and your
mission statement.

3. Market Analysis: Research findings on the food processing industry, including

market size, trends, growth potential, and key competitors. Identify your target market
and their preferences.

4. Marketing and Sales Strategy: Your plan for promoting and selling your products,
encompassing branding, advertising, promotions, distribution channels, and pricing
strategy.

5. Operations Plan:Details about the day-to-day operations of your food processing

business, such as production processes, required equipment and facilities, quality
control measures, and regulatory compliance.

6. Management and Organization:Information about the management team and

organizational structure of your business, including key personnel and their roles.

2.0 Aims/Benefits of Micro Project: 1. Profitable business establishment.

2. Meeting consumer demand for quality food products.

3. Ensuring food safety and building trust.

4. Contributing to economic growth and local communities.

5. Implementing sustainable practices.

3.0 Course Outcomes Achieved:

CO-a Identify your entrepreneurial traits.

CO-b Identify the business opportunities that suits you
CO-c Use the support systems to zero down to your business idea.
CO-d Develop comprehensive business plan.
CO-e Prepare plans to manage the enterprise effectively

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 4.0 Actual Methodology/Procedure Followed: 1.
Discussion about topic with guide and among group
members

2. Submission of project proposal

3.Information collection

4. Analysis of Data
5. Compilation of the content
6. Representation
7. Editing and Revising the content
8. Report Preparation

5.0 Actual Resources Used:

Sr.N Name of Resource/Material Specification Quantity Remarks

o
1. Computer (Desktop/Laptop) i3,RAM 2GB 1 Available
2. Microsoft office word 2010 1 Available
3. Books - - Available
4. Websites - - Available
5. Softwares - 1 Available
6.0 Methodology / Steps of the Micro-Project:

Prepare a Business Plan ln Food Processing Industry

a. Training and Skill Development:- Provide training programs and workshops to develop
entrepreneurial skills such as market analysis, product development, financial management,
and business planning specific to the food processing industry.

b. Networking and Mentorship: Facilitate networking events and mentorship programs where
entrepreneurs can connect with industry experts, successful entrepreneurs, and potential
partners to gain insights and guidance.

c. Access to Resources: Assist entrepreneurs in accessing resources such as funding, raw

materials, production facilities, and distribution channels through partnerships with
government agencies, financial institutions, and industry associations.

d. Support Services:- Offer support services such as business incubators, accelerators, and
consultancy services to help entrepreneurs refine their business ideas, develop feasibility
studies, and create robust business plans.

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 e. Monitoring and Evaluation:- Continuously monitor the progress of aspiring entrepreneurs,
provide feedback, and evaluate the effectiveness of entrepreneurship development programs
to ensure their success and sustainability.

By focusing on entrepreneurship development, aspiring entrepreneurs in the food processing industry can
be equipped with the necessary skills, resources, and support to successfully launch and grow their business.

• How to Startup and grow Food processing industry:-

Starting and growing a food processing industry involves several key steps and strategies. Here's a
concise guide:
o Market Research: Identify consumer trends, preferences, and unmet needs in the food industry. Conduct
thorough market research to understand your target market, competition, and potential demand
for your products.
o Product Development: Develop unique and high-quality food products that cater to the identified
market demand. Experiment with recipes, ingredients, and packaging to create products that
stand out in the market.

o Supply Chain Management: Establish reliable supply chains for sourcing raw materials and
ingredients. Build relationships with suppliers to ensure consistent quality and availability
of ingredients for your products.
o Production Facilities: Set up efficient and hygienic production facilities equipped with the necessary
machinery and equipment for food processing. Implement strict quality control measures to
maintain the highest standards of product quality and safety.

• Business Overview

Business Description: Describe your business this section by providing all the basic information:

o Meat processing o
Dairy processing
o Fruit and vegetable
processing o Grain
processing o Beverage
processing o Snack food
processing o Frozen food
processing o Specialty food
processing

• Owners: List the names of your food processing company’s founders or owners. Describe what shares
they own and their responsibilities for efficiently managing the business
• Mission statement: Summarize your business’ objective, core principles, and values in your mission
statement. This statement needs to be memorable, clear, and brief.

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• Business history: If you’re an established food processing service provider, briefly describe your
business history, like—when it was founded, how it evolved over time, etc.
• Future goals: It’s crucial to convey your aspirations and vision. Mention your short-term and long-term
goals; they can be specific targets for revenue, market share, or expanding your services.

• Market Analysis

o Target market: Start this section by describing your target market. Define your ideal customer and
explain what types of services they prefer. Creating a buyer persona will help you easily define your
target market to your readers.
o Market size and growth potential: Describe your market size and growth potential and whether you
will target a niche or a much broader market.
o Competitive analysis: Identify and analyze your direct and indirect competitors. Identify their
strengths and weaknesses, and describe what differentiates your food processing business from
them. Point out how you have a competitive edge in the market.
o Market trends: Analyze emerging trends in the industry, such as technology disruptions, changes in
customer behavior or preferences, etc. Explain how your business will cope with all the trends. o
Regulatory environment: List regulations and licensing requirements that may affect your food
processing company, such as food safety standards, labeling & packaging regulations, product
standards & specifications, trade import or export regulations, Good Manufacturing Practices,
Hazard Analysis and Critical Control Points (HACCP), etc.

❖ Here are a few tips for writing the market analysis section of your food manufacturing business plan:

o Conduct market research, industry reports, and surveys to gather

data. o Provide specific and detailed information whenever possible.
o Illustrate your points with charts and graphs. o Write your business
plan keeping your target audience in mind. Products And Services

The product and services section should describe the specific services and products that will be offered
to customers. To write this section should include the following:

▪ Describe the food product range: Mention the food processing products your business will
offer. This list may include

o Snacks o Beverages
o Frozen foods o
Baked goods o Sauces
o Ready-to-eat meals

▪ Describe your services: Mention the food processing services your business will offer. This
list may include

o Food manufacturing & processing

o Customization & private labeling o
Contract manufacturing o Quality

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 control and food safety o Regulatory
compliance assistance

▪ Quality measures: This section should explain how you maintain quality standards and
consistently provide the highest quality service.

o This may include, quality control testing, product sampling & analysis, supplier quality
assurance, etc.

▪ Additional Services: Mention if your food processing company offers any additional services.
You may include services supply chain management, product packaging & design, quality
assurance & auditing, product testing & analysis, etc.

o In short, this section of your food processing plan must be informative, precise, and
clientfocused. By providing a clear and compelling description of your offerings, you can help
potential investors and readers understand the value of your business.
o ing loyalty programs, discounts and offers, personalized service, etc.
o Overall, this section of your food processing business plan should focus on customer
acquisition and retention.
o Have a specific, realistic, and data-driven approach while planning sales and marketing
strategies for your food processing business, and be prepared to adapt or make strategic
changes in your strategies based on feedback and results.

7.0 Skill Developed:

The following skills were developed while performing and developing this micro-project

▪ Designing: Designing of micro-project with minimum required resources andat low cost.
▪ Team work: Learned to work in a team and boost individual confidence.
▪ Time Management: Timely completion of micro-project as scheduled.

▪ Data Analysis: Interpretation of data: drawing and analysis of graphs,laboratory

calculations,etc.
▪ Problem-solving: Develop good problem-solving habits.
▪ Technical writing: Preparing a report of the proposed plan and final report.

8.0 Applications of this Microproject:

Certainly! Here are some specific applications of a business plan in the food processing industry:

1. Setting Clear Goals and Objectives: A business plan helps food processing entrepreneurs define
their short-term and long-term goals, such as increasing market share, expanding product lines,

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 or achieving a certain level of revenue. Clear objectives provide direction and focus for the
business.

2. Market Analysis and Identification of Target Market:-Through market research included in the
business plan, entrepreneurs can identify target demographics, consumer preferences, and
market trends. This information helps in developing products that meet consumer demand and
in identifying niche markets to target.

3. Securing Financing: A well-structured business plan is crucial for securing financing from
banks, investors, or other sources. Lenders and investors want to see a detailed plan outlining
the company's financial projections, market potential, and growth

4. Operational Planning:- The business plan outlines the operational processes involved in food
processing, including sourcing raw materials, production methods, quality control measures,
and distribution channels. This helps in streamlining operations and ensuring efficiency in
production.

5. Marketing Strategy Development:- Entrepreneurs can use the business plan to develop a
comprehensive marketing strategy, including branding, advertising, and promotional activities.
This helps in building brand awareness, attracting customers, and increasing sales.

6. Overall, a well-prepared business plan is essential for guiding the growth and success of a food
processing business by providing a roadmap for strategic decision-making, resource allocation,
and operational management.

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