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Project Idea Formulation

The document outlines a project idea generation and screening process for the Textile Technology department, focusing on cultural cotton woven fabric production as the top-ranked project. The rationale for this ranking includes high local demand, availability of resources, job creation potential, and favorable financial conditions. The project is positioned as a government priority, with support for licensing and infrastructure development.

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zinabiedessalegn
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6 views3 pages

Project Idea Formulation

The document outlines a project idea generation and screening process for the Textile Technology department, focusing on cultural cotton woven fabric production as the top-ranked project. The rationale for this ranking includes high local demand, availability of resources, job creation potential, and favorable financial conditions. The project is positioned as a government priority, with support for licensing and infrastructure development.

Uploaded by

zinabiedessalegn
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Project idea generation and screening

NAME;

Department Textile Technology

N Businesses/project/ idea Industry

acceptanc
Rank of
o.

1 Cultural cotton woven fabric production Small industry

2 Knitting fabric production/like student uniform/ Small industry

3 Silk fiber production Small industry

4 Carpet production Small industry

5 Hank production Small industry

6 Printing bed cover ,bed sheet, home furnishing Small industry

7 Dyeing cotton fabric production Small industry

8 Cotton yarn production Small industry

9 Wool fiber production Small industry

1 Hand craft training center Small industry

0
Write the reason for rank 1 project idea. (Use more paper if needed)

In my estimation choosing No 1 the reason still now person’s is difference from another
due to protection himself/herself from any kinds of external contact and willingness to
ornamentation and adornment for acceptance. Therefore, the main idea for the reason

 My business site or location is found in south wollo zone dessie city Administration. So
that the clothing styles of people’s is mostly 70% wear the cultural cotton woven
production.
 During Environmental factor; to create job opportunity for the community and there is
no environmental factors. There is high rapid growth and high return on the invested
capitals. All the suppliers the people’s buy the fabric from the imported items, during
holy days and to export foreign countries. During market demand to produce cultural
cloth Gabi, scarp, Netela, women’s dress, children cultural cloth etc.
 The resources required to run the business is available in the surrounding area of my
business site or location the weaving hand loom, Fly shuttles, Jack loom ,Purn winder
warping/horizontal and vertical/acrlic,traditional cotton spinning, cone yarn to hank
skilled man power, infrastructures and another business materials are fulfilled.
 The technical and Technological aspects regarding to run the period or program is
operated by the under the guidance of skilled man power or trained person better quilted
expertise and have an experiences. There is a positive opportunity our products to be
competition in the market.
 Customer product are include;- trader/ merchant/ ,farmers, workers/sivil servants/ and
other societies.
 The financial resources availability related own business is not required huge investment.
By 60% of the cost covered by my deposit and 40% of the business is covered by loan
from micro finance/ACSI/institution.
 Getting license from governmental is easy and some encouragement like giving lands
and others. My business is a government priority sector or governmental acceptance,
because to gathering tax or to create tax, it creates up employs a work due to government
provide, the necessary infrastructure to own my business is choosed.

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