Innovation and Entrepreneurship Development Centre (IEDC)
Innovation and Entrepreneurship Development Centre
IEDC (Innovation And Entrepreneurship Development Centre) is an initiative of the National Science And Technology Entrepreneurship Development Board (NSTEDB). It serves as a vital platform for students to transition from being job seekers to job creators.
Through the IEDC, students learn the intricacies of product development, including costing, marketing strategies, funding avenues, and the legal process of company registration. It bridges the gap between academic learning and real-world business execution.
Activities of the Cell
The cell actively creates an environment for young graduates to test their business ideas with minimal risks. We facilitate the following events and support systems:
- Arrange series of Entrepreneurship Development Programs (EDP) and interactive sessions.
- Organize skill development sessions to increase the confidence level of budding entrepreneurs.
- Conducted webinars and online training sessions on technical aspects of entrepreneurship.
- Facilitate student teams to showcase business ideas to various funding agencies.
- Facilitate seed funding for young entrepreneurs to test their business prototypes.
- Initiate campus startups driven by the student community.
- Support first-generation entrepreneurs in registration, marketing, accounting, and taxation.
- Help successful entrepreneurs to scale up their business operations.
- Inculcate a culture of "Apply what you learn and earn while you learn."
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