Functions of Entrepreneurship Development Institute of India (EDI)
The entrepreneurship development institute of India (EDI) is established in 1983 and helps the unemployed to get job where they provide employment for others also. This institute tells its students to provide job for ten members instead of searching a single job. This organization is trying to change the mindset of the youngsters towards self- employment from employment since two decades.
EDI had prepared the entrepreneurs and proved that the statement entrepreneurs are born and not made as false one. It had prepared them in various fields and helped them. Few governments take the advice of this institution in forming an entrepreneurship and did it successfully. Nearly the advices of this institute are taken in 70 countries. This institute is sponsored by IDBI bank limited, IFCI limited, ICICI limited and SBI limited. In order to encourage the entrepreneurship, this institute is offering two year full time residential program as PG diploma in management – business entrepreneurship. The main goals of this course are to provide the knowledge, skills, development of business and extending it to all fields. There are specializations like new enterprise creation, family business management and service management.
Those who obtained 50% marks in degree are eligible for this course and those who are writing final year exams can also apply for this course. They should clear any one of the exams CAT/MAT/XAT and the members who are short listed from this are selected for entrepreneurial aptitude test. Those who want to look after their family business or start a new business are also eligible. They take Rs.5, 05,000 as tuition fee for two years and interaction is done with the experts in the fields like business games, computer simulation, live projects and case based teaching. The curriculum of this course is designed by the related behavioral scientists, academicians and researchers.
Along with this another course PG diploma in management of NGOs is provided. There are 30 seats in this course and any degree qualified person can join in this course. There are two open learning programs like diploma in entrepreneurship and diploma in social entrepreneurship.
The library in the institution can be called as a store for all books related to the entrepreneurship and 133 national & international magazines are available in this. A summer camp is conducted by this institute for the children above 15 years to encourage them in entrepreneurship. It also conducts few programs for women and it established its centers in 14 states. It is also developing the curriculum required to implement it schools and colleges. It also established the development centers in countries like Cambodia, Myanmar and lavo peoples democratic and republic through foreign ministry department.
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