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Entrepreneurship Development Institute | Guindy | Chennai Annual Report 2016-2017 Entrepreneurship Development and Innovation Institute Entrepreneurship Development and Innovation Institute, Tamil Nadu (An autonomous society of the Government of Tamil Nadu) 96. Parthasarathy Kovil street, SIDCO Industrial Estate, Ekattuthangal, Guindy Chennai – 6000032 TAMIL NADU www.editn.in Entrepreneurship Development and Innovation Institute Annual Report 2016-2017 Entrepreneurship Development and Innovation Institute Government of Tamil Nadu Department of Micro, Small and MEDIIum Enterprises 96, Parthasarathy Kovil street, SIDCO Industrial Estate, Ekattuthangal, Guindy Chennai – 6000032 TAMIL NADU Ph: 044 22252081/82 /83/84 Fax: 044 22252085 Web: www.editn.in Twitter: EDIchennaitn Facebook: @EDITamilNadu 2 Entrepreneurship Development and Innovation Institute Annual Report 2016-2017 ANNUAL REPORT 2016-2017 ENTREPRENEURSHIP DEVELOPMENT AND INNOVATION INSTITUTE, TAMIL NADU CHAPTER CONTENTS PAGE NO Director‟s message 5 1 Introduction 7 2016 Report Annual 2 Organisational structure 9 3 Infrastructure 11 4 Major Achievements 15 - 17 5 Activities (2016-2017) 18 6 Physical and Financial Statement (2016-2017) 54 7 Road Map for 2017-2018 59 8 Annual accounts and Auditors report 71 9 Voice of Stakeholders 86 3 Entrepreneurship Development and Innovation Institute Annual Report 2016-2017 List of Abbreviations ATI Assistance to Training Institutions BYST Bharatiya Yuva Shakti Trust EDII Entrepreneurship Development and Innovation Institute EDP Entrepreneurship Development Programme ESDP Entrepreneurship & Skill Development Programme ICDIC Industries Commissioner Director of Industries & Commerce IEDP Innovation and Entrepreneurship Development Programmes MDP Management Development Programme Annual Report 2016 Report Annual MOU Memorandum Of Understanding MSME Micro, Small and Medium Entrepreneurs NEEDS New Entrepreneur-cum-Entrepreneurship Development Scheme NIELIT National Institute of Electronics & Information Technology - PMEGP Prime Minister‟s Employment Generation Programme 17 RSETI Rural Self Employment Training Institute TANSTIA Tamil Nadu Small & Tiny Industry Association THUDITSSIA Thoothukudi District Tiny & Small Scale Industries Association TiE The Indus Entrepreneurs UYEGP Unemployed Youth Employment Generation Programme WF-NEN Wadhwani Foundation - National Entrepreneurship Network 4 Entrepreneurship Development and Innovation Institute Annual Report 2016-2017 ENTREPRENEURSHIP DEVELOPMENT AND INNOVATION INSTITUTE Director’s Message Entrepreneurship Development and Innovation Institute (EDII), an autonomous organisation under the Government of Tamil Nadu is committed for entrepreneurship development in the State of Tamil Nadu. The main objective of this Institute is promotion of Micro, Small and MEDIIum Enterprises by encouraging, guiding, mentoring and assisting 2016 Report Annual prospective and existing entrepreneurs. The present services offered to MSME sector by EDII are training and mentoring support to entrepreneurs, cluster development, business incubation, student internships, IEDP to colleges, guidance to start ups, business plan preparation, social entrepreneurship and other relevant activities in order to cater to the needs of the industrial fraternity. - EDII is the Nodal Agency for imparting training to the beneficiaries of Government 17 schemes such as NEEDS, UYEGP, PMEGP,TAHDCO etc. through well established partnership with R-SETIS, Industrial Associations and reputed Academic Institutions. EDII is also closely working with MSME associations at the State & district level, product associations and other stake holders like Universities, Research Institutes, TiE, BYST, Business Incubators, Forge, etc. across the State. In order to spread entrepreneurship activities across the State, a sum of Rs.20.39 crores was earmarked to EDII to undertake various EDP trainings in 2016-17. As stated in the Strategic plan 2016-21,EDII will support and strengthen start ups and encourage innovation at institution level to inculcate entrepreneurial culture amongst students, EDII has taken up a massive and constructive effort for IEDP in the State in 172 colleges through six Regional Hubs so far with a well designed structure of curriculum. This presence will be widened further to all the institutions in the state in the year 2017-18 creating and supporting successful Start-ups /Innovators. 5 Entrepreneurship Development and Innovation Institute Annual Report 2016-2017 EDII has been attempting to establish sustainable cluster development activities in association with SIDCO, Ministry of MSME, EDII Ahmadabad etc. Business Incubation is an important aspect for the innovators to scale up their technology for commercial application. Realising the importance, EDII is planning to establish about 15 key incubation centres in the State with funding support ranging from Rs.125 lakhs to 250 lakhs per centre by TANII. Dissemination of information through outreach programmes in DD, AIR has also been planned. Some of the pioneering achievements like bringing out a monthly News Letter, Mobile App, Business Guidance Centre, Cluster Development Programme, E-learning, Webinar, Start-up Activation Programme, Network Meet, Student Internship and Trade Fair Participation are some highlights for the year 2016-17. Based on the achievements in the year 2016-17, it is further ensured that EDII will strive hard to cater to the needs of entrepreneurship and make Tamil Nadu as a front runner in industrial Development by accelerating MSMEs vibrant contribution to the economy. I am sure the trendsetting efforts initiated in 2017-18 with resources from multitude Annual Report 2016 Report Annual sectors will fuel and strengthen the ever growing and evolving entrepreneurial ecosystem in our State. Chennai-600032 Dr.P.Rama Mohana Rao, IAS 20.06.2017 Additional Chief Secretary & Director - 17 6 Entrepreneurship Development and Innovation Institute Annual Report 2016-2017 1. INTRODUCTION ntrepreneurship Development and Innovation Institute (EDII), Tamil Nadu, an apex organisation in the arena of building entrepreneurial Ecosystem through training to the E existing and aspiring entrepreneurs, supporting MSMEs in the State, Entrepreneurship education, Innovation and self-employment promotion in the State was established in 2001 by the Government of Tamil Nadu as a not-for-profit society administered by the Department of Micro, Small and MEDIIum Enterprises (MSME), Government of Tamil Nadu. In addition to entrepreneurship development, EDII also serves as the State nodal institution for Innovation promotion in MSME and public sector. Till date, since inception, EDII has trained over 1.5 lakhs entrepreneurs in various fields. The Global Entrepreneurship Index 2017 has indicated that though India has moved up by 29 ranks to 69th position worldwide, areas like networking skills, start-up skills, opportunity perception, risk taking strategy and technology adoption, etc., are areas of weakness. Government of Tamil Nadu Vision 2023 released by Honorable Chief Minister in 2013 2016 Report Annual identifies ten thrust areas which form the basis of acceleration in the economy and achievement of the long term goals. The relevant three among the ten thrust areas are below: Strategic initiative 1 – Increasing the share of manufacturing in TN economy: Strategic initiative 2 - Making SMEs vibrant Strategic initiative 3 - Making TN Knowledge Capital and Innovation hub of India - Taking note of GEI 2017 Index and TN Vision 2023 statements of the Government of Tamil 17 Nadu, EDII has prepared a comprehensive Strategic Plan 2016-21 for implementation of various training, facilitation, mentoring, networking, celebration and documentation in entrepreneurship and innovation focused on bringing about a Paradigm shift in the entrepreneurship ecosystem in the State. EDII has launched a comprehensive program for entrepreneurship and innovation development for all colleges, polytechnics, ITIs, training of Clusters, mentoring and networking support for MSMEs. EDII is presently headed by the Director and is supervised by a Governing Council, appointed by the Government of Tamil Nadu and consists of senior Secretaries to Government and representatives of Industry. 1.1 VISION An aspirational and inclusive entrepreneurship and business innovation culture spread across Tamil Nadu with EDII emerging as the State resource hub in education, training, research & practice in Entrepreneurship & Innovation . 7 Entrepreneurship Development and Innovation Institute Annual Report 2016-2017 1.2 MISSION Rapid, sustainable and inclusive growth of MSM enterprises and innovation by youth and adults across Tamil Nadu through effective entrepreneur competency development, partnerships, business network development, advocacy, training, communication, innovation promotion and business facilitation services, leading to job growth and economic development. 1.3 CORE VALUES Entrepreneurship, Integrity, Objectivity, Timeliness, Teamwork, Excellence, Leadership, Innovation and Quality Consciousness 1.4 OBJECTIVES a. Spread an aspirational entrepreneurship & innovation culture across Tamil Nadu b. Build entrepreneurial competencies of aspiring youth and entrepreneurs, including those from disadvantaged sections of society c. Enhancement of the support ecosystem for entrepreneurs, including technology Startups 2016 Report Annual d. Reduction in risk of enterprise and innovation failures. e. Embedding entrepreneurship education in the formal education system f. Research, surveys and publications
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