Entrepreneurial ventures have emerged to be the major drivers of economic growth. Any economy must endeavor to create a supportive regulatory environment to facilitate entrepreneurial activity. Indian entrepreneurial efforts have been sustained to drive India’s growth story owing to several policy initiatives to improve the entrepreneurship ecosystem. Entrepreneurship Education and Training (EET) constitutes the essential part of the ‘institutional’ component of the ecosystem. The participant characteristics have a moderating influence on such program outcomes. Studies have suggested that entrepreneurship is facilitated by specific cultural dimensions. In a diverse-culture economy like India, designing a uniform training program for potential entrepreneurs won’t serve the purpose. Hence the entrepreneurial training programs should, first, recognize the role of participant characteristics in terms of the socio-demographic profile, while designing the program content and curriculum. The present study attempts to identify the differential impact of the moderating variable of the family background of the participant on the training outcomes and finds that, out of the 13 personal entrepreneurial competencies tested, seven of the components of the training program content are highly significant to the demographic variable. In contrast, the remaining six components proved nonsignificant.