The present paper is an effort to understand the constitution of entrepreneurial brigade in India including a look at initiatives put in by government and other institutions functional in India. It includes an enquiry of different policy initiatives and training methodologies adopted in some of the other parts of the world. A high percentage of failed and unsuccessful SMEs indicate towards requirement of professional help in evaluating a project or venture, followed by guidance for getting finance and training support for viable and innovative projects. Towards the end we zero down on finding out different techniques, methods and content being used effectively or desired, and how we can better the deliverance of training for different categories of aspirants. Amongst other methods it also looks into apprentice as a method of training entrepreneurs. The author reviewed published work and analysed the issue at hand.