Entrepreneur Development Institute (EDI)

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    Entrepreneurship Development

    Institute of India (EDI)Presented by:

    Ghulam Sarwar(101)

    P.Deepa(105)Arshamon (112)

    Hazmal Ismail (122)

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    EDI

    Promoted in 1983 by All India Financial

    Institutions viz; IDBI Bank Ltd, ICICI Ltd, IFCI Ltd,

    SBI with active support from the Govt. of Gujarat.

    Registered under the Societies Registration Act

    1860 and Public Trust Act 1950.

    A National Resource Institution committed to

    promoting entrepreneurship through education,

    research, training and institution building.

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    The EDI has been selected as a member of the

    Economic and Social Commission for Asia and

    the Pacific (ESCAP) network of Centers ofExcellence for HRD Research and Training.

    EDI as a member of the Network will have

    interactive access to information on other 123member institutions via Internet. The

    database on the Network is included in the

    ESCAP HRD Homepage (www.escap-hrd.org)

    on the Internet.

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    The Origin

    There was a growing concern for economicdevelopment and this strengthened interest inentrepreneurship with primary focus on exploringpractical measures to augment the supply of

    entrepreneurs, i.e. persons with competence andaptitude to initiate, nurture and expand industrialenterprises. This resulted in the belief ineducation and training to inculcate and develop

    entrepreneurial capabilities in people so that theycould set up their own enterprises. Subsequentlyprogrammes directed towards this goal wereconceptualised.

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    The birth of training efforts for the promotion

    of entrepreneurship in the country was purely

    an indigenous initiative, i.e. the 'Technician

    Scheme' launched in the year 1969 by two

    state-level agencies of Gujarat. The scheme

    visualized 100% finance without collaterals. A

    large number of people took advantage of this

    scheme. The real gain of the scheme was the

    realization that there is vast entrepreneurialpotential available in the country that could

    be tapped and developed through appropriate

    training intervention.

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    VISION

    To spearhead entrepreneurship movement,

    nationally and internationally, with the belief

    that entrepreneurs need not necessarily be

    born but can be developed through well

    conceived and well directed interventions.

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    MISSION

    To augment the supply of new entrepreneursthrough education, research and training.

    Enterprise creation, employment generation and

    poverty alleviation at grassroots through

    developmental interventions.

    To increase the competitiveness of SMEs through

    cluster development.

    To create a cadre of trained social entrepreneurs.

    Act as a repository of knowledge in the area of

    women entrepreneurship development.

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    EDI aims at :

    Creating a multiplier effect on opportunitiesfor self-employment,

    Augmenting the supply of competent

    entrepreneurs through training,.

    Augmenting the supply of entrepreneur

    trainer-motivators,

    Participating in institution building efforts,

    Inculcating the spirit of 'Entrepreneurship' in

    youth.

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    Promoting micro enterprises at rural level.

    Developing and disseminating new knowledgeand insights in entrepreneurial theory and

    practice through research.

    Facilitating corporate excellence throughcreating intrapreneurs (entrepreneurial

    managers).

    Improving managerial capabilities of smallscale industries,

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    Sensitizing the support system to facilitate

    potential and existing entrepreneurs establish

    and manage their enterprises,

    Collaborating with similar organizations in

    India and other developing countries to

    accomplish the above objectives.

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    In view of EDIs expertise in Entrepreneurship, the University Grants

    Commission appointed the EDI as an expert agency to develop curriculum

    on Entrepreneurship.

    EDIs success led by its strong sense of commitment culminated in

    recognition of its achievements by the Government of India and various

    state governments.

    In the international arena, efforts to develop entrepreneurship by way of

    sharing resources and organizing training programmes, have helped the

    EDI earn accolades and support from the World Bank, Commonwealth

    Secretariat, British Council, Ford Foundation, European Union and several

    other renowned agencies

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    The Institute has also successfully carried outthe prestigious task assigned by the Ministry

    of External Affairs, Govt. of India, to set up

    Entrepreneurship Development Centres in

    Cambodia, Lao PDR, Myanmar and Vietnam.

    The Institute is presently working towards

    creating ED Centres in Uzbekistan &

    Kazhakistan.

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    THANK YOU