First phase of SVEP initiated in 10 states
The institute has been selected as National Resource Organization (NRO) for Government of India’s Start-up Village Entrepreneurship Programme (SVEP). The programme was announced by Honourable Finance Minister in the previous year’s budget speech. Under the aegis of Ministry of Rural Development, the institute has initiated the programme in 23 blocks in ten states: Gujarat, Madhya Pradesh, Haryana, Jammu and Kashmir, West Bengal, Odisha, Jharkhand, Chhattisgarh, Telangana and Uttar Pradesh in association with respective State Rural Livelihood Mission (SRLM).
SVEP is dedicated to create sustainable self-employment opportunities for a large number of youth residing in villages. It also works towards bringing banks and financial institutions closer to the village entrepreneurs. The institute is conducting baseline and market potential study in the villages during the first phase. This data is collected through a mobile application. The institute has tied up with Enable Development Foundation to create digital database of the information received. For meticulous data collection, EDII has conducted VEIT training programmes for 184 data collectors selected from the blocks itself. The first phase of SVEP comprises Baseline, Benchmarking and Market Potential study through enterprise census and hotspot mapping, stratified sample survey of enterprise to assess business specific regional benchmark and household & institutional survey to validate expenditure pattern fetched from secondary data. The institute will also assess the scope of internal as well as external market. On the basis of information gathered, the institute will submit a detailed project report to the Ministry of Rural Development (MORD). The implementation of the programme will be monitored by Project Director, Dr. Manoj Mishra.
EDII Appointed as Nodal Institute for Start-ups by Government of Gujarat
With a view to encourage potential start-ups in the state, Ministry of Industries, Government of Gujarat, has appointed EDII as Nodal Institute for Start-ups under the Start-ups/innovation scheme. As a nodal institute, EDII will provide counselling and guidance to potential start-ups. Budding start-ups with innovative ideas in the fields of agri-business, food processing, bio-technology, chemicals, plastics and manufacturing will benefit from this.
Government of Gujarat, keen to promote entrepreneurship, has recognized need for start-ups as they “transfer new knowledge or new ideas into products and process into commercial applications.”
Co-founder – Nikita Maheshwari & Shikhar Maheshwari
In last 5 years, we all have grown up experiencing e-commerce and tech-enability making convenience a form of lifestyle. Everything is just a click (and these days rather a fingertap away).
Food, clothing and now housing (the quintessential Roti, Kapda aur Makkan) have all found their way to the 5-inch platform. Amongst all the others having your own Makaan is everyone’s lifelong dream. However, despite several platforms coming up on the ‘buy, sell and rent’ model there was a visible gap in the home décor, beauty and aesthetics segment in the construction industry. One can definitely buy, sell and rent houses but what about homes? Here is where me and my brother saw a window of opportunity.
We decided to venture into coverings and tiling. The idea was even more workable due the proximity of Morbi to Ahmedabad. This small town houses an industry size of USD10 Billion within the periphery of 50 Km. having almost 1500 manufacturing units for tiles, sanitary ware and other coverings. However, the biggest challenge was that the market having huge potential is highly unorganized making it inaccessible to the the right customer at the right time.
Thus, Tilebazzar was born. We wanted to bridge the gap between the manufacturing industry and the consumer and in turn helping the industry to organize itself on the virtual space. We wanted to provide every stakeholder a levelled platform to reach out to the masses across the country. We at Tilebazzar aim at providing a variety of choices at affordable price under one roof and also to provide end-to-end solutions within budget to beautify houses for customers and also provide greater exposure to the small and medium enterprises at Morbi to to come on board and showcase their products.
To make Tilebazzar a reality and covert the idea into right product, it was very important that the stakeholders understood the concept and tell us their problems. Thus, we created a beta website and conducted our market research for 6 long months formulating different services that would assist everyone- Manufacturer, Builders, Architects, Dealers, Developers and the Government as well. Our moto stands simple – Every Covering @ Every Price.
We are planning to launch Tilebazzar by the third week of May. We are proud to be first of its kind platform which shall not only provide you coverings but also provide creative solutions so that you get your dream house in just the way you imagined it to be.
Tilebazzar plans to do two things in future – Firstly, bring a behavioral change in the way our county perceives aesthetics in Building & Construction Industry. Secondly, we also want to make Morbi the epicenter of Ceramic/Vitrified Tiles, Sanitary and other coverings for the world in next 5-7 years. Myself and Shikhar want to make this town as Ceramic “Silicon” Valley because we understand our true success does not only lie in our personal achievements but also in the success of each and every stakeholder involved in the process right from the grass root level.
P.s. To every woman entrepreneur out there- if you are taking a chance to enter a male dominated industry, don’t back down, you will find your place give it time. But walk tall and stay strong.[Top]
A boom in startups has hit the business sector recently compelling people to acknowledge that startups are truly a force to reckon with. Thanks to a favorable market condition and access to technology that aids its progress, it is largely being accepted that these startups are not just a passing trend but a major boost to the economy. And, EDI – The Entrepreneurship Development Institute of India in Ahmedabad is proud to be the nurturing ground for aspiring entrepreneurs who wish to carve their own success story in the business world.
Why is there a Need for Startups?
It is due to the emergence of startups and other small, fast-growing companies that the level of unemployment remain under check. Startups also help keep large businesses on their toes by exerting a certain amount of pressure on them and by fueling a spirit of tough competition.
Startups are always keeping with technological demands and thus are able to produce goods or services much faster and more efficiently than a normal company would. This helps in streamlining businesses and encourages a certain amount of competition in the markets so that everyone keeps working to better their services thereby providing customers with cheaper and more efficient services.
How Can Startups Contribute to the Society and Country?
Startups usually take in individuals who are multi-taskers. Thus by taking on thousands of freelancers and trained graduates, startups are making a very favorable dent in the unemployment rates of the country. Since startups are locally born, they usually make use of local resources, products, hire local employees and also engage themselves in local activities and events thereby injecting a lot of capital into the local economy.
Due to the increased innovation and economic growth that startups facilitate for the society or the economy at large, as they begin to expand, the need for startups is evident. Thankfully, transition in the business world is encouraging investors to put their money into these smaller companies.
Statistics show that a majority of startups do not last for more than 3 years, but every time they fail, some valuable knowledge is acquired from the process. However, since the goal is always to succeed, you need to get familiar with the various aspects of establishing a startup before you just go out there and do it. This is where EDI’s program can help you out.
Post Graduate Diploma in Management – Business Entrepreneurship
At Entrepreneurship Development Institute of India (EDI), we have a course that is designed to provide students with practical insights into the market world. With a staff of experienced teachers, this two year residential program will teach you about the different strategies and techniques that can be adopted to understand the market better. By encouraging you to think and analyze more critically, we will help nurture your entrepreneurial ambitions so that you can go begin your own startup.
The syllabus that we work with is designed to give you a relevant and practical learning experience when it comes to the world of business. By covering every aspect that will help you when you decide to launch a startup, there is nothing that you will be unprepared for. Apart from our PGDM- BE program we also have a range of other courses that can help increase your entrepreneurial knowledge.
So come to EDI and enjoy the opportunity to learn all there is to know about launching your own startup. By facilitating interactions between students and business icons, EDI is the perfect launch pad for you to go ahead and make your startup a success.