This report addresses the issue of effectiveness of entrepreneurship training in Australia. Evaluation of a training program is essential for making continual improvements and updates so that the program could remain relevant to the changing environment. An empirical study on the National Enterprise Workshop (NEW) was undertaken to attain the two objectives of this report. Firstly, to establish a basis for evaluation of such programs in Australia. Secondly, to identify important attributes of an effective program that is relevant to Australia. The method of study chosen was a mail survey in which a structured questionnaire was used to obtain feedback from participants of the NEW held in 1987 to 1991. Results showed that the NEW was effective educationally. In the short run, economic contributions seemed small. However, results indicated an encouraging outlook in the long run. Two main aspects to consider in an evaluation are: educational and economic within each aspect, the question of which parameters to emphasize depends on the objectives of the program, which should be examined before any evaluation study is designed. An effective program should have well-defined, focused objectives which are relevant to the economy as well as to the trainees' needs.