🐈The Indian entrepreneurial landscape has undergone a remarkable transformation lately. Entrepreneurship is now considered a practical and well-regarded career choice, by people across age groups, particularly among the younger generation. Today, higher education institutions across India, and even globally, have integrated entrepreneurship into their curricula, inspiring students to pursue their entrepreneurial dreams. The presence of accelerators and incubators on campuses further nurtures innovation, creating a supportive ecosystem for budding entrepreneurs.
Indian Entrepreneurs on the Global Stage: Opportunities and Preparation
𒁏Indian entrepreneurs have enormous potential on the global stage. Globalization has introduced new challenges and opportunities in a world where economic boundaries are increasingly blurred.
▨The Entrepreneurship Development Institute of India (EDII), Ahmedabad, recognized as a Centre of Excellence by the Ministry of Skill Development and Entrepreneurship, is pivotal in creating new entrepreneurs and developing the existing ones for this competitive landscape. EDII’s Post Graduate (PG) programmes are tailored to equip students with practical knowledge about legal frameworks, market dynamics, and operational strategies. More importantly, these programmes foster an entrepreneurial mindset, enabling individuals to identify opportunities, take calculated risks, and make confident decisions.
EDII’s Legacy in Entrepreneurship Development
🐼Established in 1983, EDII, Ahmedabad has played a critical role in widespreading entrepreneurship and earning a credible recognition for the discipline. Partnering with governments, corporations, and academic institutions, it has aligned its initiatives with national priorities such as the National Education Policy (NEP) 2020, ‘Startup India,’ ‘Make in India,’ and ‘Skill India.’
♕While education is one of the primary domains of EDII, the Institute reaches out to diverse target groups through pioneering developmental programmes. EDII embraces emerging technologies like AI, Blockchain, and IoT, ensuring startups under its guidance remain competitive and future-ready. Over the past more than four decades, the Institute has gained experience and insights in imparting entrepreneurship education, training, developing knowledge products, building capacities, supporting policy advocacy, and institutionalizing the entrepreneurship development process, through setting up of EDII-like institutions at national and international levels.
EDII’s Flagship PG Programmes
In addition to the AICTE-approved Fellow Programme in Management (Doctoral Level), EDII offers:
Post Graduate Diploma in Management—Entrepreneurship (PGDM-E): Launched in 1998, this two-year, NBA accredited, equivalent to MBA, AICTE-approved programme offers specializations in New Enterprise Creation, Family Business Management, and Social Entrepreneurshipꦐ. Experiential & milestone-based learning and extensive alumni network are the key highlights.
Post Graduate Diploma in Management—Innovation, Entrepreneurship & Venture Development (PGDM-IEV): ܫThis two-year, AICTE approved programme nurtures technology-based innovation. The curriculum is outcome-oriented and enables students to validate ideas, innovate, test markets, and build a successful technology-driven start-up. With experiential learning through EDII’s Technology Business Incubator, CrAdLE, students gain hands-on exposure to transforming ideas into viable ventures.
🐈The Institute also offers a range of scholarships, including ‘Merit-cum-Means Scholarships’ and ‘Special Scholarships for Female Students.’
Impact of EDII’s Post Graduate Programmes
🍒An alumni survey highlights that nearly 78% of EDII graduates have pursued entrepreneurial careers, showcasing the institute's strong influence on developing entrepreneurial mindsets. Of these graduates, 54% have opted to join and expand their family businesses, 23% have embarked on creating new ventures, and the rest have established social enterprises, contributing to societal betterment.
꧃These entrepreneurial endeavours span a wide range of sectors, with 32% of graduates involved in manufacturing, 37% engaged in services, and 31% operating in trading businesses. This diversity underscores the dynamic and versatile impact of EDII alumni across various industries.
"Entrepreneurship is the cornerstone of India's economic transformation. At EDII, we are deeply committed to nurturing this entrepreneurial spirit by providing a vibrant ecosystem that combines education, innovation, and comprehensive support. By empowering individuals with the right skills, knowledge, and resources, we aim to enable them to realize their potential, turn their ideas into impactful ventures, and contribute meaningfully to the nation's development," 🍸informs Dr. Sunil Shukla, Director General – EDII.
CrAdLE: Nurturing Innovation and Startups
💜The Centre for Advancing and Launching Enterprises (CrAdLE), hosted by EDII, Ahmedabad, is a technology business incubator supported by the National Science and Technology Entrepreneurship Development Board (NSTEDB), Dept. of Science & Technology, Govt. of India. Since its establishment in 2016, CrAdLE has been instrumental in nurturing startups by providing them with mentoring, technical expertise, and financial assistance.
꧙Over the years, CrAdLE has made a significant impact. It has incubated more than 125 startups, generated over 700 jobs, and facilitated raising of ₹80+ crores in funds. Remarkably, more than 60 startups have received seed funding through its initiatives.
A Future Shaped by EDII, Ahmedabad
ꦡWith more than four decades of experience, EDII has institutionalized entrepreneurship development in India and even outside. As India walks on the path of escalating its entrepreneurial spirit, EDII’s invaluable contributions continue to play a key role in shaping a dynamic and innovative future.
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