Tag: Entrepreneurship Management

EDII to Develop Technology Business Incubator

EDII Soon to Develop Technology Business Incubator

The institute will help potential entrepreneurs convert business ideas into business empires

Pioneer in Entrepreneurship Development Programme (EDP), EDII has now become synonymous with entrepreneurship as well as success. The driving force of entrepreneurship movement in the country, the institute has won accolades on education and training front. With over three decades of experience in training, EDII strives to improve performance of existing enterprising in India by guiding them in all spheres of entrepreneurship such as technology selection, introduction of innovation, promoting tie-ups by networking, suggesting new sources of funds, developing competencies and teaching them new methods of marketing. Now, EDII is developing Technology Business Incubator to provide one stop solution to all the budding entrepreneurs.

With wide-ranging activities, the institute has created substantial pool of budding entrepreneurs. Now, with the help of Department of Science and Technology of Government of India, EDII is going to come up with Technology Business Incubator (TBI) to support potential entrepreneurs convert innovative business ideas into ventures.

EDII is equipped with physical infrastructure to set up a business incubator and will provide modern facilities including existing library and information center to the incubates. EDII has also signed MOUs with Gujarat Technological University (GTU) and Pandeet Deen Dayal Petroleum University (PDPU) to support student start-ups. Apart from that, EDII is affiliated with Government of India’s Ministry of External Affairs, Ministry of Textiles, Ministry of Food Processing, NSTEDB, DST, DC, Ministry of MSME, Ministry of Rural Development and Ministry of Panchayati Raj to promote entrepreneurship education and training. In addition to that EDII has been training students in diverse sectors such as agriculture, food processing, manufacturing, engineering, textile, IT, renewable energy, service sectors and several others.

Through intensive training, the students of EDII have come up with 73 innovative business ideas that are being nurtured by internal and external faculty members. EDII is also planning to come up with various short-term training programmes on Entrepreneurship Management to help convert innovative business ideas into business empires.

Technology Business Incubator (TBI) in a Nutshell:

The Technology Business Incubator (TBI) center will help potential entrepreneurs grow their business ideas. It will provide guidance regarding patent and IPR (Intellectual Property Rights) and will also aid them with necessary counselling and networking. It will also conduct short-term programme on entrepreneurship management. The experienced faculty of EDII will provide all-inclusive guidance to the prospective entrepreneurs for setting up business.