The EDII or Entrepreneurship Development Institute of India is a not-for-profit institution and an autonomous body. Due to its excellence in the field of entrepreneurship and its contribution to the Start-up India programme, it has been declared as the nodal institute for start-ups by the Gujarat state government.
In its role as nodal institute for start-ups, the EDII will provide the required guidance and counselling sessions to entrepreneurs who are thinking of establishing their own companies. EDII’s pro entrepreneurship schemes vastly benefit those who want to innovate and experiment in the fields of biotechnology, manufacturing, plastics, agri-business, chemicals, and food processing.
EDII: A Class Apart
The Entrepreneurship Development Institute of India was established with a particular vision in mind which is to become a reputed national resource institution involved in research, training, institution building and entrepreneurship education.
The main aim of this institution is to send out smart, competent, logical and creative thinkers who will introduce fresh ideas into the entrepreneurial world along with young talent and deeply rooted ethics and morals. The EDII also has a duty towards overseeing the growth and development of small and medium enterprises (SMEs) and ensuring that they grow into the major corporations of tomorrow. The EDII provides institution building and research, management education and training.
Achievements of EDII
• A huge number of 1286 students who have graduated from PGPs.
• A large group of 12770 learners who are registered for Open Learning Programme.
• The institute has imbibed the entrepreneurial spirit in around 1090 youth and 1895 children.
• A large number of 12,900 students who are pursuing entrepreneurship.
• A total of 920 students from JGI, Bangalore who have pursued EDII’s course at graduate and post-graduate levels.
• EDII has around 4.5 lakh students who are interested in entrepreneurship and the institute has organised close to 6000 entrepreneurship awareness programmes.
Courses Offered at EDII
There are two post-graduate programmes available at the EDII. One of them is PGDM-BE and the other is PGDM-DS.
• PGDM-BE: The Post Graduate Diploma in Management- Business Entrepreneurship was specially designed to enable students to set up their own businesses and provide them with the necessary skills, knowledge and talent to expand and diversify their business enterprises. This course is also very helpful for those who are expected to take over their family business someday.
• PGDM-DS: The Post Graduate Diploma in Management- Development Studies is one of the flagship courses of the EDII and was specially created to provide students with proper analytical and conceptual skills needed for managers of tomorrow. Developing entrepreneurial solutions to poverty and low level of livelihood is also a part of the academic programme. This management programme also helps people to think of new initiatives for corporate social responsibility (CSR projects) and to help build up the economy through entrepreneurship.[Top]
It has always been a major issue of debate for aspiring entrepreneurs whether to pursue a general MBA degree or not. Is it really necessary to go to business school and learn different managerial aspects and various business administration skills in theory? It might be better to invest that time, energy and effort into setting up a business and seeing to its growth and development.
However, a management degree in Business Entrepreneurship can be just the right balance. It will enable aspiring entrepreneurs to get access to required start-up capital from venture capitalists, help build contacts with alumni network and give them a perfect balance between theoretical knowledge and practical experience.
There are various institutes in India which offer a PGDM- BE degree. However, the course offered by the EDII or Entrepreneurship Development Institute of India is reputed and provides students with a chance to try out new venture in a safe environment wherein they will learn from their mistakes without being utterly devastated if the venture does not prove viable.
PGDM-BE at EDII
The Post Graduate Diploma in Management- Business Entrepreneurship is a residential, full time management entrepreneurship course which lasts for a duration of two years. This course is one of the most prestigious entrepreneurship programmes available in India and has been producing entrepreneurship students of an excellent calibre for the last 18 years.
Why is this programme worth it?
The Post Graduate Diploma in Management- Business Entrepreneurship has received certifications from many prestigious institutes and councils. Some of them are:
• Approved by AICTE (All India Council for Technical Education)- (Certificate)
• Association of Indian Universities (Certificate)
• Accredited by National Board of Accreditation (NBA)- (Certificate)
• Awarded USASBE Outstanding Entrepreneurship Program Abroad Award 2014 (Category)
This PGDM-BE programme was specially designed to encourage the business ideas and ambitions of aspiring entrepreneurs and entrepreneurial managers, to develop their critical thinking ability, to stimulate their creativity and to give students the opportunity to have an absolutely invigorating and enthralling management entrepreneurship education.
The PGDM-BE course mainly tries to improve its student’s entrepreneurial skills and help them to start small businesses, expand and go into different business lines. It also helps those who wish to be managers for corporate ventures run by entrepreneurs.[Top]
The EDII or Entrepreneurship Development Institute of India is a not-for-profit organisation which was established in 1983. It was set up with a specific vision in mind- to become an acknowledged national resource institute engaged in entrepreneurship education, research, training and institution building.
At EDII, the main aim is to turn out students who are competent, first generation entrepreneurs with creative genius and a strong moral and ethical code. It also aims at developing existing small and medium enterprises (SMEs) into thriving future corporations through value added management education, training, institution building and research.
The PGDM-BE programme or Post Graduate Diploma in Management – Business Entrepreneurship is a full-time, residential management course with duration of two years. The EDII has been producing students specialised in entrepreneurship education for the past eighteen years.
To be eligible, graduates belonging to general category need to have scored at least 50 % marks in graduation and in case of reserved students, only 45% is required. The PGDM-BE programme has a regular intake of 120 students per batch.
Interaction and Networking
The best part of the course is that students get to interact with people from diverse fields and pursuing various passions. This helps in developing the outlook of the students and gives them a general overview of the prevailing scenario. Besides, EDII helps students connect with budding entrepreneurs from across the globe through international exchange programmes. Students also get to visit foreign universities which further helps to enhance their knowledge and also build vital contacts.
What makes this programme special?
• Association of Indian Universities (Certificate)
• Approved by AICTE (All India Council for Technical Education)- Certificate
• Awarded USASBE Outstanding Entrepreneurship Program Abroad Award 2014 (Category)
• Accredited by National Board of Accreditation (NBA)- Certificate
This post-graduate diploma in management- business entrepreneurship was specially designed for entrepreneurs and entrepreneurial managers to develop critical thinking, encourage their ambitions and business ventures, and provide students with an intellectually stimulating and invigorating management education.
Placement Opportunities at EDII
EDII has set up a special placement cell in order to facilitate placement opportunities for students. EDII also helps students to get summer internships working with premier organisations in order to gain some practical experience in the field. Students interested in starting their own entrepreneurial venture can also avail of loans from financial institutions associated with the EDII.
Some of the well-known organisations that recruit from EDII are:
1. HDFC Bank
2. Skylabs Solutions Ltd
4. UNHCR Project (Access Development Services)
5. Bajaj Capital
6. XL Dynamics
7. Matrix Cellular
8. Jagdish Hirani and Associates
9. Gateway Group
10. Digital Upstarts
11. Avery Dennison
12. Oakrook Education Research Ltd
13. Ramana Group
14. Purple Squirrel (IIT Bombay incubators)
15. GIAN (National Innovation Foundation)
16. Ava Merchandising
17. Shyamal and Bhumika
18. Flourish Purefoods P Ltd
19. kWatt Solutions P Ltd
20. SMC Insurance
21. Saath NGO
22. Yodlee Infotech P Ltd
24. Gandhi Fellowship Initiative (Piramal Foundation of Education Leadership and Kaivalya Education)
In addition to these firms, some companies also offered summer internships to EDII students:
2. Hindustan Unilever Foundation
4. Business Standard
5. Catalyst Constellations
6. Brand You
7. Light Microfinance
8. Adani Port and SEZ Ltd
9. Prakash Chemicals
10. Green Electrical Private Limited
11. Gokal Das Exports
13. Indusa Infotech
14. Unified Brainz Virtuoso Limited
15. NJ India Invest Ltd
17. Uber Health
18. Macro World
19. Newcastle University Business School
20. Sahajanand Laser Technology
The PGDM-BE course primarily aims at developing students’ entrepreneurial skills in order to enable them to initiate, expand and diversify business enterprises. It also helps to create managers for corporate entrepreneurial ventures. It also helps those inheriting family businesses to develop the skills and gain the knowledge required for them to run these businesses successfully.[Top]
In today’s vastly competitive business world, small family run businesses are struggling to compete and survive. For such businesses to develop and grow, the younger generation needs to step up and take control of the reins. For a youth entrusted with the task of managing his family business, opting for a management diploma in Business Entrepreneurship is an appropriate and helpful choice.
The EDII or Entrepreneurship Development Institute of India offers one such PGDM-BE course which is specially designed to help future entrepreneurs. The EDII is a national resource organisation that was established in the year 1983 with the aim of providing entrepreneurship education, research, training and development studies.
The PGDM-BE (Post Graduate Diploma in Management- Business Entrepreneurship) is a full time residential course which takes a duration of two years to complete. It has been successfully preparing students for setting up their own entrepreneurial ventures for the past eighteen years. This course is designed to encourage lateral thinking and creative problem solving, to nurture entrepreneurial ambitions and to provide valuable practical learning experience.
To be considered eligible for this post-graduate programme, you need to have secured at least 50% in your graduation exams. If you belong to a reserved category, this is lowered to 40%. You also need to have valid XAT/CMAT/CAT/ATMA/MAT scores.
How can you be sure about the quality of this course?
The PGDM-BE at EDII has the following:
1) Approval from AICTE (All India Council for Technical Education)
2) Certificate from the Association of Indian Universities
3) The USASBE Outstanding Entrepreneurship Program Abroad Award 2014
4) Accreditation from the NBA (National Board of Accreditation)
EDII has placed students from its PGDM-BE Course in several top companies in various industries. Some of the most popular names include:
• HDFC Bank
• Bajaj Capital
• Skylabs Solutions Ltd
• Jagdish Hirani & Associates
• GIAN (National Innovation Foundation)
• Avery Dennison
• Ramana Group
• Matrix Cellular
• Ava Merchandising
• Flourish Purefoods P Ltd
• Shyamal & Bhumika
• Saath NGO
• Oakrook Education Research Ltd
• SMC Insurance
• XL Dynamics
• Purple Squirrel (IIT Bombay Incubators)
• Gateway Group
• Yodlee Infotech P Ltd
• kWatt Solutions P Ltd
• Digital Upstarts
• Gandhi Fellowship Initiative (Piramal Foundation of Education Leadership and Kaivalya Education Foundation)
• UNHCR Project (Access Development Services)
EDII Entrepreneurship Process
At EDII, students go through a process which boosts their creativity, problem solving capability and refines their entrepreneurial ideas. They are given a chance to develop their own business ideas and taught how to calculate feasibility of such ideas. Our students are taught by specialists in the field and learn how to create a business plan carefully and thoroughly.
EDII gives students a platform to make their ideas and future business plans heard and then helps them to get the required funding from various financial institutions associated with it.
The EDII Entrepreneurship Process includes the following:
• Confidence Building through Entrepreneurial Lab
• Idea Lab and Industry Interface
• Opportunity Identification and Selection
• Mentoring and Guidance
• Business Plan: DPR/FYPP
• Enterprise Launching and Management
• Sustenance and Growth
EDII PGDM – BE course is the perfect launch pad for future entrepreneurs who want to make their family business succeed in a global business environment.[Top]
Date: 29th March, Tuesday. Time: 09:45am Onward
The Mission Swachh Bharat can lead to large number of new and innovative entrepreneurial opportunities for both existing and start-up entrepreneurs throughout the country. Launched on a war footing, the campaign is India’s biggest drive for sanitation and availability of potable water. These sectors are now set to be the catalyst to the next wave of entrepreneurship. Practicing the 5R principle of “reduce, reuse, recycle, recreate and recover” could spin off multiple benefits like job creation, resource use reduction, and health, hygiene and income enhancement by entrepreneurial activities.
In this regard, The Entrepreneurship Development Institute of India has organised half day seminar at EDI campus, Gandhinagar. The objective of the seminar is to sensitise the entrepreneurs and work out viable and cost effective business opportunities emerging from the Mission Swachh Bharat launched by the Govt. of India. Hence it is important to important to identify the type and quantity of wastes to build enterprises and transform them into wealth. The theme of the presentation and discussions in the seminar aims to focus on cost effective, appropriate and viable technologies and equipment to convert WASTE INTO WEALTH, and explore the data and information to identify the huge business opportunities in all industrial sectors and accordingly work out viable business plans.
The Topics for Deliberation on the following Themes:
• Government’s Scheme for entrepreneurs.
• Techno-commercial viability of processing waste to convert them into marketable products.
• Appropriate technology and equipment for wastes processing and their sources.
• Start-up Opportunities under Swachhta Udyami Yojana.
• Treatment of Solid Waste.
• New Innovations, innovative products and advancements in sanitation and hygiene.
• Alternates sources of fuel production
WHO SHOULD ATTEND
The seminar shall be beneficial to existing and new entrepreneurs searching innovative business opportunities, to policy and decision makers from the Industry and Government, NGOs, business consultants, academicians, business schools ED cells, students and all the stakeholders of society.
No participation fee. Kindly, submit your details here: http://goo.gl/forms/mYTdIAdP3F
The timings for the seminar will be as under:
Registration: 09.45 am to 10.00 am
Inauguration: 10.00 am to 10.15 am
Session I: 10.15 am to 11.30 am
Tea Break: 11.30 am to 11.45 am
Session II: 11.45 am to 01.00 pm
Summing Up: 01.00 pm to 01.15 pm
Business Lunch: 01.15 pm to 02.00 pm
CONTACT FOR FURTHER INFORMATION
Dr. Saji Kumar
Faculty (M: 9687129892)
Entrepreneurship Development Institute of India (EDI)
Nr. Village Bhat, Via Ahmedabad Airport & Indira Bridge
P.O. Bhat 382 428, Dist.Gandhinagar
The best way that one can give back to their country is by starting businesses that would add to the country’s growing economy. Although having a family-owned business comes with all the same responsibilities and concerns that public companies have to deal with, the former case is seen as more desirable as you and your family are likely to have greater monopoly over the entire situation.
Family-Owned Businesses in India
Most family-owned businesses have their roots in the joint family system. In India, every family-owned business is always striving to improve their growth and bring about a certain amount of professionalism to the job. However, by keeping with the changes in technology and developing trends, family-owned businesses have witnessed a growth in the past year and are foreseeing a 50% increase in bullish growth.
A majority of families follow a line of succession that is based on age so while two-thirds of family businesses already have plans of succession in place, only 15% of them will actually help improve the business play. This is because apart from not being documented, the rest are not robust at all. The only good part is that a very large majority of family businesses in India, about 75 percent, have a well-established mechanism in place to deal with all kinds of conflict.
The Impact on the Economy
About 90% of Indian businesses are said to be family-owned. It has been found that the contribution of family owned businesses to the domestic economy has been far more than that of the public sector or even of multi-national companies. About 50% of the businesses that are listed on the National Stock Exchange indexes are family-owned.
Hence, the progress of the Indian economy is closely intertwined with that of family-owned businesses. With a little aid and assistance in improving their strategies, family-businesses will soon become major contributors of the country’s Gross Domestic Product.
Challenges Faced by Family-Owned Businesses
Family-owned businesses do face a few challenges when it comes to their growth structure. The most important is the stiff competition that arises when you decide to take your business to an international level. Apart from this, succession plans may also cause a significant amount of damage to your increasing growth structure as the new generation may not have the knack of tackling the various business-related issues.
So unless you start to professionalize your management strategy, diversify your leadership strategies so that your business can witness better growth, you will not be able to reach very far.
At EDI, we have a well-structured syllabus that deals with all aspects pertaining to entrepreneurship education and development. We provide opportunities for you to engage in collaborative research with well-known personalities that have made a name for themselves in their own spheres.
By brushing you through the various strategies for rural and urban entrepreneurship, you will certainly have an advantage when you choose to start a family-owned business. With an academic fraternity that will train you in the different trends that affect businesses, you will be exposed to the various limitations that you are likely to encounter while embarking on this venture and will also learn how best you can deal with them.
So join EDI and let us open up the world of business to you so that you emerge a success.
India has witnessed a recent boom in startups. It is due to the prevailing conditions of sufficient funding, latest technology and a market that is thirsting for something new that the arrival of startups in the business scene has come with a surprising force and it certainly seems like they are here to stay.
The Current Scene of Entrepreneurship in India
It was only after Independence that the business sector witnessed a major shift in its structure. Indian entrepreneurs were determined to pursue their entrepreneurial dreams and break the boundaries that they had been restrained by. The need for some kind of regional development, at that time, paved the path that would welcome startups into the business scene.
From a measly presence of just 3,100 back in 2014, the number of startups to grace India is expected to increase to about 11,500 by 2020. A constraining factor with India is that entrepreneurs are still looking to find investors for their various ventures. Once they are able to tap the capital markets for better growth prospects, India will certainly race ahead of other countries with regard to its GDP.
Fortunately, India currently has massive funding and access to technological resources making it one of the best moments for the development of the largest startup ecosystem. It is due to the favorable domestic markets and availability of resources, that an entrepreneur finds a conducive environment in India for his startup to emerge.
Education and Practical Exposure – Simple Path to Success
It certainly is no surprise that if you wish to succeed in the task of becoming an entrepreneur, you need both education and practical exposure to the outside world. While education can play a major role in influencing student’s attitudes and motivations toward entrepreneurship; by exposing yourself to the practical aspect of business, you will see its relevance in terms of economic welfare as well as in creating employment opportunities.
If You are a Budding Entrepreneur, This is How EDI Course will Help You Out…
Dedicated to entrepreneurship education and training, our Post Graduate Diploma in Management – Business Entrepreneurship will familiarize you with all the varied aspects of entrepreneurship. Since we are well aware that a pragmatic approach needs to be adopted when looking at the markets, we will provide you with all the necessary training and knowledge to do this so that you are able to discover the potential for entrepreneurship that lies within you. If you want to make a success of your business venture, training and research in entrepreneurship will certainly go a long way.
This course focuses on providing research and documentation so that you are exposed to the current market scene. With business research, you will also receive training in data analysis and understanding of the market. This way, through different strategies you will be able to gauge the intricacies of entrepreneurship before you venture onto this path. This full-time, two-year program will certainly leave you with a relevant and practical learning experience
So although startups are witnessing a booming growth in the current scheme, about 90 percent of them have not been able to succeed. However, given the increased growth that the presence of startups has brought to the Indian economy, the need for more startups is certainly present. So if you wish to guarantee success on your entrepreneurial journey, come join us and learn all you need to know about the world of entrepreneurs.