Origin of programmes for development of entrepreneurs ---- SIET institute. Dr. David Mc Clalland of Harvard University --- 6 experimental training programmes on achievement & motivation conducted during 1964-65 along with NISIET faculty.
- More active business behaviour
- Worked longer hours
- Made more definite attempts to start new business ventures and also started new ventures.
- Made specific investment in new fixed productive capital
- Employed more workers.
These entrepreneurs tended to achieve relatively larger percentage increases in their gross incomes and thus demonstrated increased entrepreneurial activity. Emergence of EDI
1969 - Birth of training efforts for entrepreneurial promotion in the country. GIIC, GIDC- credit and infrastructural facilities. 100% finance without collateral
1970 – Realization of vast potential in the country. GIIC along with other state level agencies like GIDC, GSFC and GISDC launched 3 month training programme. ---EDP. Successful 40/45 (89%)
1978 – Gujarat experiment ---Ford Foundation encouraged to test EDP in some other states.
1979 – Recognition of need for having a separate state level organization. Gujarat centre for ED came into existence.
1981 – Many development agencies organized their own EDP’s. Gujarat CED – national resource and support organization – support for education, training, research and capacity building. 1983 – IDBI (apex financial institution) collaborated with other banks and established EDI of India in April 1983
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