Entrepreneurship Development Cell (EDC)

Entrepreneurship Development Cell (E.D.C) 

Entrepreneurship Development Cell (E.D.C) in NRI Institute of Technology was started as N.E.A.N (Nurturing Entrepreneurs At NRI) in the year 2013 with the aim of developing and strengthening the entrepreneurial qualities in the budding professionals who are passionate in starting their own start-up/ventures.

N.E.A.N creates the awareness about the Entrepreneurial path as a career option by inspiring them through Guest Lectures / Awareness Camps & brain storming sessions to sheen the Innovative Ideas into Start-Ups by organizing different activities and events from time to time to train and motivate the students on entrepreneurship for the betterment of the society.

N.E.A.N has also partnered with APSSDC, Govt. of Andhra Pradesh and created a platform   “Venture Development Center” to expose the students to the world of entrepreneurship.

VISION:

To foster the Entrepreneurial environment in the Institution by inculcating the entrepreneurial qualities in the students who can build and contribute to the sustainable national economy. 

MISSION:

1. To make the students vigilant about the Entrepreneurial path by inspiring them throughvarious activities and campaigns.
2. To serve as a catalyst for entrepreneurship by supporting and incubating entrepreneurial ideas.
3. To become the center of excellence to motivate and enable the students to become entrepreneurs and achieve success in initiating and developing their own enterprises.

Objectives of the EDC

1. To provide various services like creating awareness about Entrepreneurship, enhancing Entrepreneurial skills and all other information on the aspects of enterprise building to the budding entrepreneurs.
2. To create and promote the Entrepreneurial culture in the Institution.
3. To foster the linkages between the Institution, Industries and other related organizations engaged in promoting Small & Medium Enterprises (SMEs) and Non-Government Organizations (NGOs).
4. To catalyze the knowledge-based enterprises for promoting employment opportunities with innovative ideas.
5. To address the emerging challenges and opportunities relating to SMEs and micro-enterprises.

Functions of EDC

1. To organize Entrepreneurship Awareness Camps, Entrepreneurship Development Programmes, Boot camps, Seminars, Guest lectures and Faculty Development Programmes.
2. To introduce curriculum on Entrepreneurship Development at various levels including UG & PG courses of the Institution.
3. To conduct research work and survey for identifying entrepreneurial opportunities.
4. To guide and assist prospective entrepreneurs on various aspects such as preparing project reports, obtaining project approvals, loans and facilities from agencies of support system, information on technologies, etc.
5. To arrange Industry visits for the prospective entrepreneurs to gain practical knowledge about the production/services.
6. To act as a Regional Information Centre on business opportunities, processes, technologies, market, etc. by creating and maintaining relevant data bases in collaboration with various governmental and non-governmental institutions.
7. To provide testing, calibration, quality assurance, design, tool room and other facilities for entrepreneurs.
8. To conduct skill development training programmes leading to self employment.

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