Entrepreneurship Development Institute of India (EDI), an autonomous and not-for-profit institute, set up in 1983, is sponsored by apex financial institutions – the IDBI Bank Ltd., IFCI Ltd., ICICI Bank Ltd. and the State Bank of India (SBI). EDI has helped set up twelve state-level exclusive entrepreneurship development centres and institutes. One of the satisfying achievements, however, was taking entrepreneurship to a large number of schools, colleges, science and technology institutions and management schools in several states by including entrepreneurship inputs in their curricula. In the international arena, efforts to develop entrepreneurship by way of sharing resources and organizing training programmes, have helped EDI earn accolades and support from the World Bank, Commonwealth Secretariat, UNIDO, ILO, British Council, Ford Foundation, European Union, ASEAN Secretariat and several other renowned agencies. EDI has also set up Entrepreneurship Development Centre at Cambodia, Lao PDR, Myanmar and Vietnam and is in the process of setting up such centres at Uzbekistan and five African countries.
Currently focusing on:
(1) Entrepreneurship education and research;
(2) Micro-enterprises, micro-finance and sustainable livelihood;
(3) SMEs and business development services;
(4) Cluster competitiveness, growth and technology;
(5) Social entrepreneurship and CSR and
(6) Women entrepreneurship and gender studies.
In the near future, EDII will focus on creating and assisting more start-ups with emphasis on innovation, technology and global competitiveness. EDII has set up its own Technology Business Incubator named as the Centre for Advancing and Launching Enterprises (CrAdLE).