Department of Developing Economy Engagement

Background

Entrepreneurs are the backbone of the developing world; however the challenges of a developing economy sometimes make entrepreneurship an arduous task. Availability of mentorship, funding and training can make the path smooth and worth traversing for many a wanne-be entrepreneurs. EDII, a national resource institute in the field, also shoulders the responsibility of placing several developing countries on the entrepreneurial route. The Institute achieves this by focusing on developing an entrepreneurial ecosystem which has a strong base of academia, training and Government institutions and corporates who work in consonance with each other. This it seeks to achieve through various locational interventions and by setting up Entrepreneurship Development Centres in various countries. Innovation driven entrepreneurship, human resource development, entrepreneur friendly regulatory framework and policy research become the order of the day.

Department of Developing Economy Engagement focuses on:

  • Forging strategic partnerships for promoting enterprise development in developing economies for improving the entrepreneurial ecosystem.
  • Sensitizing support system in developing economies and collaborating with them to adopt a coordinated and inclusive approach to promote entrepreneurship.
  • Implementing country-focused programmes in close partnership with local governments and leading local partners, so that capacity building is ensured in the areas of entrepreneurship education, cluster development, women entrepreneurship, micro enterprise development as also organizational capacity building of local partners.
  • Introducing Indian entrepreneurs, both existing and potential, to a broad range of insights and best practices in the developed world, and encouraging the use of these in strengthening communities and growing economies.
  • Evolving 'Concept- to- Completion' approach for setting up Entrepreneurship Development centres, internationally.

The Year 2018 -19:

  • Collaborations will be worked out with governments in developing economies to set a vision for improving the incidence of entrepreneurship by using local experience, knowledge, and networks to provide training and mentorship to budding entrepreneurs.
  • Governments will be encouraged to take a coordinated and inclusive approach to promote entrepreneurship by instituting Centres of Entrepreneurship Development.
  • Capacity building programmes will be undertaken to hone skills of developing economy personnel in entrepreneurship and related areas.

Achievements

  • Trained a sizeable number of participants from the Greater Mekong Sub Region (GMS) ensuring that the entrepreneurial potential of the region is unleashed for promotion of development and trade.
  • Set up Entrepreneurship Development Centres (EDCs) in Cambodia, Lao PDR, Myanmar & Vietnam and work is in progress towards establishing such EDCs in Uzbekistan, Rwanda and four other selected African Countries.
  • Conducted 10 Entrepreneur Trainer-Motivators' Programmes under the support of Commonwealth Secretariat. A cadre of 178 Resource Persons has been instituted.
  • Implemented projects with support from the World Bank, Commonwealth Secretariat, UNIDO, ILO, FNSt, British Council, Ford Foundation, European Union, ASEAN Secretariat, SDC etc.
  • Has emerged as an International Resource Centre and a Centre of Excellence as declared by the United Nations Economic and Political Commission for Asia and the Pacific (UNESCAP), Bangkok, Thailand.
  • United Nations Industrial Development Organization (UNIDO) set up its first overseas centre, the Inter Regional Centre in Entrepreneurship, at EDII under which entrepreneurship was institutionalized through training of resource persons, entrepreneurs, support system officials and by setting up of ED centres.
  • Since 2001-02, organizing International Capacity Building Programs under ITEC, Ministry of External Affairs, GoI. Grooms close to 400 international delegates annually.
  • Institutionalized entrepreneurship education in technical and vocational streams in developing economies.
  • Conducted 4 programmes for Instructors' Training Centre (ITC) - The Vocational Training Organisation (TVTO), Iran, to institute a cadre of 120 resource persons to institutionalize entrepreneurship in Iran.

Programmes and Activities 2018-19

Sr. No. Activity Location Duration Target Group Objectives & Outcome
Long-term Programmes/Projects
5.1 Setting up EDC in Rwanda / Uzbekistan Rwanda /Uzbekistan 3 years Potential & existing entrepreneurs in host countries Promoting entrepreneurship, acquaint beneficiaries, entrepreneurship development institutions, with various interventions to strengthen the ecosystem for entrepreneurship in the country.
Short-term Programmes/Projects
5.2 Entrepreneurship Education to Strengthen Emerging Economies EDII Campus 6 weeks Faculty from schools/colleges/universities, Government/private sector officials engaged in entrepreneurship programmes To equip international participants with tools and pedagogy to conduct entrepreneurship programme in academic institutions. 
5.3 Entrepreneurial Management EDII Campus 6 weeks Policy makers, Business owners, Professionals with Business and Industry, Management Associations, Chambers of Commerce & Industry To develop entrepreneurial capacity among middle level managers and officials so that they can act intrapreneurially in their firms.
5.4 Business Research Methodology & Data Analysis- International EDII Campus 8 weeks Entrepreneurs/
Middle & Senior level Executives of SMEs/ Professionals engaged in Small Business Promotion
To enable participants from developing countries to carry out research and improve their proficiency in selection of analytical tools and interpretation of statistical data to solve business problems. 
5.5 Doing Business in Emerging Markets EDII Campus 6 weeks Small and medium entrepreneurs, Officials from government departments related to Foreign Trade To provide specialized skill set to the target group, thus enhancing their ability to take decisions in international business environment.
5.6 Technopreneurship: Creating Technology Enabled Startups and Ecosystem EDII Campus 6 weeks Policy makers, Business owners, Research & Development professionals To introduce the participants to technology venture creation and management through a mix of experiential learning, skill building, and mindset shift. 
5.7 Informal Sector Enterprise, Entrepreneurship & Local Economic Development EDII Campus 6 weeks  Professionals with Funding Agencies focussing on Informal Sector/Entrepreneurship, Government officials involved in Local Economic Development Programmes  To develop a cadre of professionals in developing countries practicing value chain related interventions in informal sector and engaged in LED.
5.8 Sustainable Livelihoods & Mainstreaming with Market EDII Campus 6 weeks  NGO Functionaries, Professionals in Funding Agencies, Research Organizations To enable non-profit organizations/ NGOs to achieve highest standards of excellence in governance and management practices. 
5.9 Agri-Entrepreneurship & Supply Chain Management  EDII Campus 6 weeks Govt officials & Professionals engaged in Agriculture related activities/ Officials from Agri-commodities market To train entrepreneurs in agriculture sector to develop agrarian prosperity, thereby transforming communities into a contributory resource for economic development.
5.10 Promoting Innovations and Entrepreneurship through Incubation EDII Campus 6 weeks  Incubation Managers and Officials of Academic Institutions intending to set up Incubation Centres To help business incubation managers build their capacity in the areas of incubation practices, identify support mechanisms for incubator technology commercialization and financing strategies for supporting clients in developing countries.
5.11 Capital Markets & Investment Banking EDII Campus 6 weeks Senior & Middle level Officials from Ministries of Finance/ Industry, Representatives from Brokerage Firms, Investment Bankers To help understand the dynamics of capital markets, technological dimensions in trading, and behaviour and prospects of commodity markets. It will also equip the participating officers with adequate skills in security market.
5.12 SME Banking & Financial Services EDII Campus 6 weeks Executives/officials of financial intermediaries, government, regulators To provide specialized skill sets to the target group, thus enhancing their decision making ability to facilitate development and growth of SME sector. 
5.13 Entrepreneurship & Small Business Promotion EDII Campus 6 weeks Small Business Counsellors, Entrepreneurship Trainer-Motivators, Small Business Promotion Officers, Bankers/Officials of Financial Institutions To develop a cadre of hardcore professionals who will work for the promotion of economic activities in developing countries.
5.14 Industrial, Infrastructure and Sustainable Project Preparation and Appraisal EDII Campus 6 weeks  Bankers, Business Development Officers of Financial Institutions To upgrade appraisal techniques and improve the decision-making process so that there is improved viability and increased returns.
5.15 Cluster Development Executives Training Programme  EDII Campus 6 weeks Senior and Middle Level Professionals/Officials from Ministry/ Department of Small and Medium enterprise, Professionals from Cluster Development Supporting/Implementing Agencies  Capacity building of Cluster Development Executives from developing countries.
5.16 Empowering Women Through Entrepreneurship Development  EDII Campus 6 weeks Entrepreneur–Trainer Motivators, Business Promotion Officers, Consultants, Academicians, Corporate trainers To sensitise and develop a cadre of effective women entrepreneur trainer-motivators who can initiate, plan and implement entrepreneurship development activities for women entrepreneurs in their respective countries.