WHY IS AN ENTREPRENEURIAL DEVELOPMENT INSTITUTE NECESSARY IN COIMBATORE DISTRICT?

1. NEED OF EDI IN COIMBATORE
DISTRICT
 Coimbatore
 Is a fast developing industrial city with
traditional values in the areas of
Engineering, Textiles, Education, IT and
Etc.,

2. CODISSIA
 Established in 1969
 Single largest District association of small
industries in India with a membership of more
than 4000 and three decades of dedicated
service to the small scale sector in
Coimbatore District.
 First to start an Export consortium of small
industries.
 First to send members on foreign study tours
 Signed MOU with various educational
institutions

3. Problems & Prospects in Developing
Entrepreneurship in Coimbatore District
 Individual
 Lack of motivation on the part of the individuals
 Ignorance of opportunities that one can avail
 Lack of managerial skills to start and manage
his/her enterprise
 Lack of familial and community support for their
enterprises
 Time consuming process
 Not sure of sustained support from the agencies

4. Problems & Prospects in
Developing
Entrepreneurship…
 Group
 Lack of awareness
 Preference for traditional occupations and professions
 Ignorance and insecurity towards government initiated
and sponsored programs
 Ignorance of their own potential; men & material
 Economically and politically weak
 They are more tradition-bound and their values are to
continue with their family based business

5. Problems & Prospects in
Developing
Entrepreneurship…
 Institutional
 Vague and unrealistic policies and action
 Lack of team-work and internal coordination in the
agencies
 Lack of inter-agency coordination
 Bureaucratic style of working
 Lack of field-level support and coordination
 Lack of relevant training on the part of EDP

6. PROSPECTS OF
ENTREPRENEURSHIP IN
COIMBATORE DISTRICT
 RESOURCES:
 MATERIAL AND HUMAN
 ORGANIZATION CONCERNED WITH
ENTREPRENEURIAL DEVELOPMENT
 IT NEED LOT OF DIVERSIFIED ACTIVITIES AND
RESPONSIBILITIES IN STIMULATING, SUPPORTING
AND SUSTAINING ENTREPRENEURIAL ACTIVITIES
 INFRASTRUCTURE
 WELL SUPPORTED TRANSPORT AND
COMMUNICATION
 THE ENTREPRENEURS
 FAMILY BASED

7. HOW TO IMPROVE THE EFFICIENCY
OF ENTREPRENEURS ?
 LINKING THE ENTREPRENEUR WITH
VIABLE BUSINESS OPPORTUNITY AND
DEVELOPING IT INTO A SYSTEMATIC
BUSINESS PLAN
 DEVELOPING HIS/HER MOTIVATION AND
ENTREPRENEURIAL CAPABILITIES
 DEVELOPING MANAGERIAL CAPABILITIES
 PROVIDING NECESSARY INFORMATION,
COUNSELING AND FOLLOW-UP SUPPORT
WHICH MUST CONTINUE TILL THE
SETTING UP OF AN ENTERPRISE (I.E., AT

8. WHO WILL TAKE CARE OF
THIS ACTIVITIES?
ENTREPRENEURSHIP
DEVELOPMENT
INSTITUTE [EDI]

9. ENTREPRENEURSHIP DEVELOPMENT INSTITUTE
[EDI]
Mission of the Institute
 To augment the supply of industrial
entrepreneurs through education and training
 To produce multiplier effect on opportunities
for self-employment
 To impart management skills to the existing
entrepreneurs of the region
 To build industry institutional relationship

10. ENTREPRENEURSHIP DEVELOPMENT INSTITUTE
[EDI]
The Target Groups
 Family based entrepreneurs
 Technical employees : Turners, fitters,
machine operators repairmen, foremen,
supervisors
 Other employees : Supervisors, managers,
accountants, stores & purchase staffs,
trainers
 Young engineers : Fresh Degree / Diploma
holders
 Undertaking programs to improve
performance of existing entrepreneurs.

11. ENTREPRENEURSHIP DEVELOPMENT INSTITUTE
[EDI]
The Programs
 Research / Degree / Diploma /
Certificate Programs
 Consultancy services
 Seminars / Work shops

12. The Curriculum
 60 : 40
 Theory 60 %
 Practical 40 %

13. Faculty
 The well qualified, Field experts from
industries (FT/PT) as well as from
leading institutions

14. Infrastructure
 A full fledged infrastructure facilities will
be created in a phased manner.