EDII helps 400 students to turn entrepreneurs

7 Mar 2017

Entrepreneurship Development Institute of India (EDII), a national resource Institute for Entrepreneurship Education, Research, Training and Institution Building, has enabled over 400 of its students to become successful entrepreneurs and social change leaders.
EDII’s unique two years Post Graduate Diploma in Management-Business Entrepreneurship (PGDM-BE) offers an innovative milestone-based learning initiative whereby every student can build their new enterprise step by step while studying at EDII itself. Around 80% of students on completion of their PGDM-BE course have either set up their own enterprise or have joined their family business. Out of 427 students who have passed out of EDII’s PGDM-BE programme since 2008-10 batch, around 337 have either started their own enterprise or have joined their family business. Only the remaining 20% odd alumni of last several years have gone for a service career in the corporate sector or in academics and some for further studies.
Dr. Manoj Mishra, Acting PGP Chairperson, EDII said, “The blend of students from varied backgrounds such as Humanities, Commerce, Science, Engineering and Business Management broadens the spectrum of EDII and offers opportunities to professionals joining the course to be social change leaders. Our focus on grooming leaders for the development sector with an emphasis on social entrepreneurship, rural marketing and technological options for sustainable development is bound to have a definite and powerful impact on the growth and development of the nation in the coming years.”
Dr. Sunil Shukla, Director at EDII said, “Milestone-based learning is introduced for students to enable them to get practical exposure to every minute step that is required to set up a new business even while they are pursuing their studies at EDII. Right from ideating, preparing a business plan, to how to form and register a new company and then how to start running this enterprise and managing various functions of marketing, finance, product/service development. EDI also provides seed funding to successful milestone bonus point achievers for setting up their new venture.” (EOIC)