NATIONAL, INDIA, 22nd May 2020 (GNI): Entrepreneurship Development Institute of India (EDII), Ahmedabad an acclaimed International Resource Centre in entrepreneurship education, training, research and institution building, and Indian Institute of Management-Ranchi have joined hands to orient more youths towards an entrepreneurial career. To ensure this the Institutes will extend training and counselling in entrepreneurship and management to the students, alongside orientation to the faculty members so that the results and outcomes become sustainable. In all, efforts will be directed towards creating a conducive entrepreneurial eco-system through setting up of incubation centre at Ranchi and offering several programmes for students and faculty of the two Institutes.
In order to achieve the objective of promoting entrepreneurial thinking among students and thus innovative start-ups, under a partnership agreement, EDII will provide technical support in setting up IIM-Ranchi incubation centre at its Ranchi, Jharkhand campus. Both the institutes will also jointly develop certificate courses on entrepreneurship development and skill enhancement. In addition, under student exchange and faculty development programmes, efforts will be made to build and strengthen an entrepreneurial ecosystem in Jharkhand and other neighbouring states. The collaboration will foster knowledge sharing, teaching, research and institutional support for both the Institutes.
Explaining about the partnership benefits, Dr. Sunil Shukla, Director General, EDII said, “The present and the coming times will nurture only businesses that are forward-looking and knowledge based and possess the ability to withstand crises and major catastrophes. The COVID-19 crisis has shown us how businesses need to pre-empt and be prepared for crises beyond just the market upheavals and financial emergencies. Businesses need to understand and be prepared for events that are not entirely in their control. This collaboration will spur creative entrepreneurship and better prepare our youths in entrepreneurship and management so that they are able to effectively sail through any disruptions.”
According to Prof. Shailendra Singh, Director, IIM Ranchi, “At IIM Ranchi, we are committed to grooming leaders with value-based education. This partnership will help us get necessary technical support to create world class infrastructure and a stimulating environment for innovation and entrepreneurship not only for the students, but also for the community at large. The incubation centre will aim to create a pipeline and stage varying idea baskets by collaborating with key stakeholders. The centre will provide necessary impetus and intellectual basis for the initiative through its experience and expertise in the areas of management, innovation, strategy and entrepreneurship.”
Dr. Milin Kamble, Governing Body Member, EDII and Founder Chairman, Dalit Indian Chamber of Commerce & Industry (DICCI) said, “I am happy that the two known institutions have come together to propagate entrepreneurship among students, who are the torch bearers of a happy tomorrow. EDII, with its domain expertise, network and expanse, will be able to ensure an appreciable spur in the process of New Enterprise Creation. Even DICCI is very active in Jharkhand with regard to offering a helping hand towards sustainable livelihood options for the tribal community. I am sure, while this will get a further boost, our youths will particularly get oriented towards higher-order achievements.”
Considering the contribution of entrepreneurship in the growth of the economy, it is important to institutionalise efforts towards broadcasting this discipline. I am glad that the two institutions have joined hands to take up this cause. I look forward to seeing tangible outcomes. Also, a lot can be envisioned for tribal youths who have the potential but need a direction. So all in all, entrepreneurship needs to be encouraged across sections and sectors, which I guess will ensue from here with coordinated efforts by both the institutions. I look forward to policy advocacy in this direction too,” said Praveen Shankar Pandya, Chairman, IIM-Ranchi.
About EDII (www.ediindia.org)
Entrepreneurship Development Institute of India (EDII) is an acclaimed International Resource Centre facilitating all facets of Entrepreneurship Development. EDII’s mission is to be a catalyst in facilitating emergence of competent first-generation entrepreneurs and transition of existing SMEs into growth-oriented enterprises through entrepreneurship education, training, research and institution-building.
EDII is an autonomous and not-for-profit institute, set up in 1983, and is sponsored by apex financial institutions – the IDBI Bank Ltd, IFCI Ltd, ICICI Bank Ltd and the State Bank of India (SBI). The Government of Gujarat pledged 23 acres of land on which stands the majestic and sprawling EDII campus. To pursue its mission, EDII has helped set up 12 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 & technology institutions and management schools in several states by including entrepreneurship inputs in their curricular.
About IIM-Ranchi (https://www.iimranchi.ac.in/)
Indian Institute of Management Ranchi, the ninth member of the prestigious Indian Institutes of Management family, was established on December 15, 2009. The Institute has been accorded the status of ‘Institution of National Importance’ by the introduction of IIM Act 2017.
IIM Ranchi offers a full-time two-year Post Graduate Programme in Management leading to Master of Business Administration (MBA), which is our flagship degree programme. Going by the growing importance and indispensability associated with human resources, we are the first IIM offering a full-time two-year Post Graduate Programme in Human Resource Management (MBA- HRM). Apart from these, we also offer a full-time Doctoral Programme in Management (Ph.D.). For the working executives, we offer a two-year part-time Executive Post Graduate Programme in Management (Executive MBA) in addition to an Executive Ph.D. in Management. To facilitate the non-managerial professionals in learning the concepts, theory and practice of management and to apply these learning in their day-to-day work environment, we also offer a fifteen months Certificate Program in General Management [CPGM].
IIM Ranchi has set up Atal Bihari Vajpayee Centre for Leadership, Policy and Governance (ABVCLPG). At ABVCLPG, our goal is to establish a world class Research Centre where we aim to nurture the policy professionals into policy leaders. Birsa Munda Centre for Tribal Affairs has been set up to carry out research in the areas related to tribal affairs. IIM Ranchi is the signatory to UNGC-PRME. It has collaborated with UNPRME (United Nation Principles for Responsible Management Education) to promote social and gender equity along with sensitizing management education to the vision of inclusive, equitable and sustainable national development goals.ends
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