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Entrepreneurship Development Institute

of India
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Entrepreneurship Development Institute of
India
Established 1983
autonomous body and not-for-profit
Type
institution
Director Dr.Dinesh Awasthi
Faculty 48
Staff 60
Students 120
Postgraduates 120
Location Gandhinagar, Gujarat, India
Campus 23 Acres
Nickname EDI
Economic and Social Commission for Asia
Affiliations
and the Pacific (ESCAP)
Website http://www.ediindia.org

The Entrepreneurship Development Institute of India (EDI or EDII) is a non-profit


Dr. Dinesh Awasthiorganisation dedicated to promote entrepreneurship that is based in
Ahmedabad, Gujarat, India. It was founded in 1983 with the sponsorship of the Industrial
Development Bank of India (IDBI), the Industrial Finance Corporation of India (IFCI),
the Industrial Credit and Investment Corporation of India (ICICI) and State Bank of India
(SBI).

The institute is located close to Ahmedabad Airport at the village Bhat in Gandingar
District. Its buildings, designed by Bimal Hasmukh Patel, are set in a 23-acre (93,000 m2)
lush green campus and received the Aga Khan Award for Architecture in 1992.[1]
EDI runs a range of educational programs in the field of entrepreneurship including a 2
year Post Graduate Diploma in Management(PGDM) program for first generation
entrepreneurs, family business inheritors, agri-business, and non-governmental
organization management.

Recognition from UN-ESCAP, Bangkok

The EDI has been selected as a member of the Economic and Social Commission for
Asia and the Pacific (ESCAP) network of Centres of Excellence for HRD Research and
Training.

EDI as a member of the Network will have interactive access to information on other 123
member institutions via Internet. The database on the Network is included in the ESCAP
HRD Homepage (www.escap-hrd.org) on the Internet. EDI will also be invited to
collaborate with ESCAP in the development and delivery of a series of ESCAP HRD
courses to train social development personnel working to alleviate poverty in the region.
Further, EDI as a member will also be invited to nominate their personnel to participate
in a series of ESCAP HRD courses for poverty alleviation, starting in 1998.

National institute for entrepreneurship and small


business development
An apex body established by Ministry of Industries, Govt. of India for coordinating,
training and overseeing the activities of various institutions/ agencies engaged in
Entrepreneurship Development Particularly in the area of small industry and small
business.

The National Institute for Entrepreneurship and small Business Development


(NIESBUD) was established in 1983 by the Ministry of Industry (now Ministry of Small
Scale Industries), Govt. of India, as an apex body for coordinating and overseeing the
activities of various institutions/ agencies engaged in Entrepreneurship Development
Particularly in the area of small industry and small business. The Institute which is
registered as a society under Govt. of India Societies Act (XXI of 1860) started
functioning from 6th july, 1983.

The policy, direction and guidance to the Institute is provided by its Governing Council
whose Chairman is the Minister of SSI. The Executive Committee consisting of Secretary
( Small Scale Industry & ARI ) as its Chairman and Executive Director of the Institute as
its Member Secretary executes the policies and Decisions of the Governing Council
through its whole-time Executive Director.

Evolving effective training strategies and methodology


Standardising model syllabi for training various target groups
Formulating scientific selection procedure
Developing training aids, manuals and tools
Facilitating and supporting Central / State/ Other agencies in organising
entrepreneurship development programmes
Conducting training programmes for promoters, trainers and enterpreneurs

Undertaking research and exchange experiences globally in development and growth of


entrepreneurship. The Institute is actively involved in creating a climate conducive to
emergence of entrepreneurship.

Evolving Model Syllabi for training various target groups.


Formulation of standardised procedures of identification and selection of potential
entrepreneurs.
Preparation of Training Aids Materials
 Manuals
 Handbooks
 Video Films
 Lesson Plans
 Learning Text
 Cases
 EMT Kits etc.

Accredition Programme for Entrepreneurial


Motivation Trainers.
Trainers' Training Programme for Enterprise
Launching & Management.
Trainers/Promoters Programme for support
organisations such as SISIs, DICs, Development
Corporations etc.
Small Business Promotion Programme.
Entrepreneurship Orientation Programme for HODs
and Senior Executives.
Institute conducts researches on topics related to entrepreneurship and widely
disseminates the findings. The Status Analysis Study on Entrepreneurship in India;
Potential of Women Entrepreneurship in India; Successful Women Entrepreneurs: their
identity, Expectations and Problems; Directory of EDP Institutions in India are some of
the notable research publications by the Institute.
Information material for entrepreneurs like handbooks on Industrial Laws, Commercial
Laws, Ready Reckoner for Product Selection, are prepared and distributed.
Periodical directory of experts, reports based on different studies.
Newsletter covering topics like New Products, Process and Technology, Agency
Profile, Entrepreneurial Profile etc.

The Institute provides support and guidance in establishing EDP institutions. The
assistance covers developing faculty, providing training and library facilities and
developing programmes and sharing experiences of conducting programmes at
the initial stage.

The Institute focusses its attention on small business development by encouraging and
supporting arrangements in remote and backward areas. The number and percentage of
small business among small entrepreneurs is very large. The Institute concentrates its
efforts on evolving methodology for training, supporting and sustaining this Group.

Institute organises National as well as International Meets for sharing experiences with a
view to enhance success in implementation of entrepreneurship development
programmes.
Organises Workshops and Seminars on current topics such as sustaining
entrepreneurship, emerging entrepreneurial opportunities etc.
Encourages foreign delegations for mutual exchange of experiences.

The Institute strives to creating climate conducive to emergence of entrepreneurs from all
strata of society.
Conducts awareness camps for school and college students.
Production and distribution of material for use by mass media like TV, AIR etc.
Organises group discussions representing a variety of crosssections of the society.
The Institute assists the NEDB which is the Union Government's policy formulating
body.

The Institute affiliates institutions / organisations engaged in entrepreneurship


development and related activities as Ordinary, Associate and Corporate Members. It
offers to these members services by providing information material and forum for
discussing strategies for prospagating entrepreneurship.

Sustaining existing entrepreneurs is an activity important as,

and possibly more important than, creating new entrepreneurs. In this direction
NIESBUD organises Continuing Education Programmes for SSI Entrepreneurs besides
providing counselling and consultancy. Short duration training programmes on Working
Capital Management, Marketing, Project Identification, Accounting etc. are conducted on
campus while counselling / consultancy is provided on and off campus.

MDI: A
Landscape
MDI has its own campus spread over 37 acres in Gurgaon.
Located strategically, the campus is about 16 Kms. from
Indira Gandhi International Airport, New Delhi and 30 Kms,
from downtown Connaught Place, New Delhi. The campus is
well laid out with an extensive six hole golf green, trees, lawns
and aesthetically planned landscapes. Set amidst lush green
grass fields in sylvan surroundings, the institute is and provides a highly conducive
environment for studies.

The entire complex consists of air-conditioned lecture halls, syndicate rooms, faculty
and administrative blocks, a state-of-the-art computer center, and one of the best
management libraries. There is a fine executive hostel, 'Mandevian House', which has
reception halls, air-conditioned dining halls, air-conditioned and fully furnished
residences for participants with all the modern amenities. The campus also has
residential accommodation for academic and administrative staff. There are facilities for
lawn tennis, badminton and yoga classes. Besides, there are a T.V. lounge, a T.T. room,
a gymnasium, a recreation room and a canteen. Facilities like ISD / STD, telephone, fax,
and Internet are also available on the campus.

Science & Technology Entrepreneurship Park


(STEP)

The Science Parks and similar initiatives help in creating an atmosphere for innovation
and entrepreneurship; for active interaction between academic institutions and industries
for sharing ideas, knowledge, experience and facilities for the development of new
technologies and their rapid transfer to the end user.

The Science & Technology Entrepreneurs Park (STEP) programme was initiated to
provide a re-orientation in the approach to innovation and entrepreneurship involving
education, training, research, finance, management and the government. A STEP creates
the necessary climate for innovation, information exchange, sharing of experience and
facilities and opening new avenues for students, teachers, researchers and industrial
managers to grow in a trans-disciplinary culture, each understanding and depending on
the other's inputs for starting a successful economic venture. STEPs are hardware
intensive with emphasis on common facilities, services and relevant equipments.

The major objectives of STEP are to forge linkages among academic and R&D
institutions on one hand and the industry on the other and also promote innovative
enterprise through S&T persons.

Objectives

• To forge a close linkage between universities, academic and R&D institutions on


one hand and industry on the other.
• To promote entrepreneurship among Science and Technology persons, many of
whom were otherwise seeking jobs soon after their graduation.
• To provide R&D support to the small-scale industry mostly through interaction
with research institutions.
• To promote innovation based enterprises.

Facilities and Services Provided by STEPs

• It offers facilities such as nursery sheds, testing and calibration facilities,


precision tool room/central workshop, prototype development, business
facilitation, computing, data bank, library and documentation, communication ,
seminar hall/conference room , common facilities such as phone, telex, fax,
photocopying. It offers services like testing and calibration, consultancy.
• Training, technical support services, business facilitation services, database and
documentation services, quality assurance services and common utility services .

The department has so far catalysed 15 STEPs in different parts of the country, which
have promoted nearly 788 units generating annual turnover of around Rs. 130 crores and
employment for 5000 persons. More than 100 new products and technologies have been
developed by the STEPs / STEP promoted entrepreneurs. In addition, over 11000 persons
have been trained through various skill development programmes conducted by STEPs.

STEPs are autonomous bodies registered as societies under the Societies Registration
Act.

Role of Host Institution

In order to achieve synergetic benefits and also to harness the knowledge and expertise
available in academic and R&D institutions of excellence, every STEP needs to be
promoted around a host institution which could launch, sustain and help the STEP grow.
Therefore, the host institution has to play an important and crucial role in promotion and
growth of a STEP.

The host institution should aim at optimum usage of its facility by STEP. For this
purpose, a periodic assessment of the priorities must be undertaken based on which re-
allocation of resources might become necessary. During the stages of planning and
implementation of the STEP project, the host institution must not lose sight of its slated
goals and objectives with respect to academic excellence.

STEP Model

Though a workable 'STEP-Model' has been evolved by an Expert Committee chaired by


the late Prof. Y. Nayudamma, however, each STEP would have to carve out a niche for
itself with regard to the types of products to be developed based on the availability of
facilities and expertise in the host institution and also the industrial climate of the region.

Each project envisages active involvement and participation of agencies such as the host
institution, ultimate user of the facilities, financial institutions, government agencies and
STEP management.

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