EDII to train Village Youth for Start-up Village Entrepreneurship Programme
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.”
EDII 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.
[Top]Seed Capital Support – EDII Ahmedabad
Since the year 2009-10, EDII has created a special pool of resources in the name, ‘Students’ Resource Fund’ for providing Seed Capital support to needy students from financially and socially challenged background of PGDM-Business Entrepreneurship Programme on Merit-cum-Need basis.
EDII has broadened this fellowship / grant support to provide small financial assistance to the students of PGDM-Business Entrepreneurship for enabling them initiating/starting own ventures. Such support will be given to students having viable and feasible business ideas, and as recommended by the fellowship committee (consisting of faculty, bankers and other experts).
A Bankable Detailed Project Report (DPR) needs to be prepared by the participants with regard to their ventures after conducting a thorough market research and secondary data based research along with IT based applications. At the conclusion of the field study, students delivers a written business plan for a new venture or expansion of current business, which will include analysis of the market and industry in which the business will compete, a viable financial and organizational structure, risk assessment, a marketing strategy and as appropriate, explanation of an underlying technology, manufacturing process and service delivery system. The final project report is prepared in a competitive format and is assessed by panel of experts comprising of faculty, industry experts and bankers.
Students working on their DPRs can register their names for seed capital support once the information is announced from PGP office.
The steps required to be followed are:
• Student should be ready with business project and basic business snapshot.
• The submitted business projects will be analysed by panel of faculty members and then it will be recommended for seed capital support
• EDII will provide counselling, support and services related to market survey, creating prototype, financial forecasting, interaction with bankers etc.
Primary sector focuses are software/IT, web/e-commerce, service sector, agribusiness, manufacturing/textile, food processing, renewable/clean-tech energy, chemical/fertilizer, power/electricity, electrical/electronic etc.
[Top]Startup by EDII Students to Revolutionize the Indian Ceramic Tile Industry
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]Social Entrepreneurship The Need of The Hour
For an aspiring entrepreneur or student who wants to enter the business world with a management degree in hand, it becomes extremely difficult to choose which programme to opt for. After all, there are a large number of management institutes in India to choose from which offer PGDM courses in various fields like Finance, Marketing, HR, Operations, International Business, and Brand Management. So how does one choose? The first step is to look at what the course offers and where your interests lie.
The PGDM-DS Programme at the EDII
The PG Diploma in Management – Development Studies is a highly acclaimed course in entrepreneurship management in India. It has the honour of being the flagship course of EDII, which is a renowned and prestigious institution in India and boasts a vast alumni network. In fact, EDII commands a reputation in the industry that is hard to ignore.
What are the Benefits of a PGDM-DS Degree?
Development studies is categorized under social sciences and is actually one of the most popular specialized management programmes because companies all over the world require regional development studies specialists. The focus of this programme is to train students to work in the various economic, political and social sectors. The curriculum of this programme is tweaked to enable students to study, analyse and understand the various development policies that have altered the society that we live in.
The benefits of the PGDM-DS Programme are as follows:
• It will help students to analyse and understand historical, economic, social and political factors that are a part of interpreting complex development problems.
• It will introduce students to various factors influencing development in developing countries.
• It will enable students to get a critical understanding of the issues that developing countries and societies face.
• It will provide them with the necessary skills and knowledge to help solve some of these issues and come up with creative and innovative solutions.
After graduating from the PGDM-DS programme, every student will have a unique understanding of the society as it is today and be able to critically analyse the factors that influence developing countries.
Placements
EDII has a wonderful placement record due to its excellent and far reaching alumni network, its valuable contacts in the industry and the fact that EDII students are given opportunities to work with the best companies in the country and have intellectually stimulating and worthwhile careers.
Some of the well-known social venture organisations that EDII students get placed in are Azim Premji Foundation, SEWA, Chetna, Unnati, Aga Khan Rural Support Programme, NRLM, FWWB, Utthan, and AKRSP.
How PGDM-DS offers more that MHRM?
An MBA in HR or MHRM (Masters in Human Resource Management) degree will only enable you to pursue a career in Human Resource Management by training you in the fields of selection, recruitment, training and development and labour laws. It will not guide you towards a satisfying career in the field of national and international development work. The PGDM-DS programme of the EDII is, indeed, a value added programme which will provide you with all you need to work in the field of development studies i.e. skills, hands-on practical experience and technical skills.
Students who have graduated from the PGDM-DS programme at EDII are in demand due to their vast and specialized knowledge of the development studies field. They know how to create and manage social initiatives that will actually improve the situation for the urban and rural poor.
[Top]EDII Contributing to Start-up India
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]For An Entrepreneur An MBA is Not Enough
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.
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]We Make Entrepreneurs at EDII
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.
PGDM-BE Programme
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.
Eligibility
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.
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 which offered summer internships to EDII students:
1. NABARD
2. Hindustan Unilever Foundation
3. Internshala.com
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
12. Almamapper.com
13. Indusa Infotech
14. Unified Brainz Virtuoso Limited
15. NJ India Invest Ltd
16. ONGC
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]EDII Helps Family Businesses Thrive By Developing a Smarter Younger Generation
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.
PGDM-BE
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.
Eligibility
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 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
• Funding
• 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]EDII PGDM – DS Vs MHRM
The Entrepreneurship Development Institute of India was set up in 1983 in Ahmedabad, Gujarat. It is a not-for-profit institute and currently offers various management programmes including the PGDM-DS to encourage entrepreneurship development and development studies in the country. This is course is way ahead of the MHRM (Masters in Human Resource Management) courses run by various universities as it equips students with the skills and techniques required to work in various development works.
PGDM-DS Programme
The PGDM- DS or Post Graduate Diploma in Management – Development Studies is one of the flagship programmes of the Entrepreneurship Development Institute of India (EDII). It is a multi-disciplinary programme that has been specially designed in order to provide conceptual and analytical skills along with the knowledge required for economic and social development. The main aim of this programme is to provide students with opportunities to develop entrepreneurial solutions to poverty and low level of livelihood, to think of new initiatives for corporate social responsibility and to help build up the economy through entrepreneurship.
Eligibility for This Programme
All graduate students with 50% and above in graduation and who have the required CAT/XAT/CMAT/MAT/ATMA scores are eligible to apply for this course.
Careers and Options
Through this PGDM-DS programme, the EDII is trying to encourage students to specialise in diverse fields like micro finance, social entrepreneurship, fund raising, development research, micro enterprise development, gender studies, urban and rural livelihoods and corporate social responsibility.
The academic curriculum is intellectually invigorating and through its innovative methods of teaching, specialist faculty and unique training and development programmes, the EDII has been enabling students to venture into rewarding professions with various organisations. Some of them are playing a big role in Corporate Social Responsibility wings of multi-national corporations, United Nation organisations efforts involved in urban and rural development, grant making organisations and various Not-for-profit organisations.
Placements
EDII has an excellent placement record due to its contacts in the industry and students are given opportunities to work with top companies and have meaningful and intellectually stimulating careers. We have placed students in top national and international organisations like:
• Azim Premji Foundation
• HDFC Bank
• World Bank
• IDBI Ltd
• GLPC
• Aga Khan Rural Support Programme
• SEWA
• NRLM
• Chetna
• CII
• Selco
• Unnati
• FWWB
• Utthan
• AKRSP
Graduates from our PGDM-DS programme are in demand due to their specialized knowledge of development studies and how to create social initiatives that will help the urban and rural poor.
Why PGDM-DS is better than an MHRM programme?
PGDM – Development Studies is a programme which is classified under the category of social sciences. It is ranked amongst the most popular management programmes because many regions of the world require specialists in development studies. It focuses on training students to work in the political, social and economic sectors. Part of the curriculum of this programme is studying development policies that have shaped the society we live in. Once a student graduates from the PGDM-DS programme, he or she will have a unique awareness and understanding of the society as it is today.
An MHRM or Masters in Human Resource Management degree will only provide you with the skills to pursue a career in Human Resource management. It will not equip you with a valuable entry path into national and international development work. The PGDM-DS programme is a value added course which will provide you with technical knowledge, skills and hands-on field experience.
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