EDII Appointed as Nodal Institute for Start-ups by Government of Gujarat
Government of Gujarat, keen on promoting entrepreneurship has appointed EDII as Nodal Institute under the Start-ups/Innovation Scheme. As a nodal institute, EDII will provide counselling and mentorship support to potential start-ups. Budding start-ups with innovative ideas in the fields of agri-business, food processing, bio-technology, chemicals, plastics and manufacturing will benefit from this.
With EDII getting designated as ?Nodal Institute?, the selected incubatees of the Institute will get financial support from the Government of Gujarat, up to Rs. 10 lakh, per idea and Rs. 10000/- per month as sustenance allowance for one year. These innovators will also be able to get benefit from mentoring support from experts/entrepreneurs/bankers for setting up their business venture.