Entrepreneurship Development and Communication Skills (1+1)

6.2.6.1 Establishment of Specialised Institutions at National Level

The following specialized EDP organizations have been set up by the Government of India to promote entrepreneurship in the country.

(i) National Institute for Entrepreneurship and small Business Development (NIESBUD)

It is an Apex organization for organizing and conducting EDP under the Ministry of Industry, Government of India. It is located at Noida (UP).

(ii) Small Industries Service Institutes (SISIs)

It is set up by Government of India. It is having its network of branches in many states in India.

(iii) National Institute for Small Industry Extension and Training (NISIET)

NISIET is established in 1960, under Ministry of Small Scale Industries, Government of India. It is located at Yousufguda, Hyderabad. The Institute strives to achieve its objectives through a gamut of operations ranging from training, consultancy, research and education, to extension and information services.

(iv) Entrepreneurship Development Institute of India (EDI)

The Entrepreneurship Development Institute of India (EDI), an autonomous body and not-for-profit institution, set up in 1983, is sponsored by apex financial institutions, namely the Industrial Development Bank of India (IDBI), the Industrial Finance Corporation of India (IFCI), the Industrial Credit and Investment Corporation of India (ICICI) and State Bank of India (SBI).

(v) National Science and Technology Entrepreneurship Development Board (NSTEDB)

In order to focus on special target groups like science and technology personnels, the Union Government has established the NSTEDB, operating under the Department of Science and Technology, Government of India.

(vi) IEDs and CEDs in different states of India

Various IEDs and CEDs have been set up in different parts of India. The objective of these specialized institutions is to equip the ordinary person with basics of entrepreneurial and managerial skills in order to enable him to be an effective entrepreneur.

(vii) The Indian Institute of Entrepreneurship (IIE)

The Indian Institute of Entrepreneurship (IIE) was established in 1993 by the Ministry of Industry, Government of India with its headquarters at Guwahati to undertake training, research and consultancy activities in the field of small industry and entrepreneurship.