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NEWS

Entrepreneurship Development Institute of India set to spread wings to Uzbekistan

timesofindia.indiatimes.com
30 October 2014

Entrepreneurship Development Institute of India (EDI) is set to open centres at Uzbekistan to address the problem of high unemployment in the region, facilitate trade and improve bilateral relations with the Union of Soviet Socialist Republics (USSR).

This will be EDI's first centre in central Asia. EDI -- a national resource institute engaged in entrepreneurship education, research and training - is successfully running entrepreneurship development centres at Lao PDR, Cambodia, Vietnam and Myanmar.

EDI had submitted a proposal for Uzbekistan centres to the Ministry of External Affairs in 2004. Senior faculty member Dr Sanjay Pal said: "MEA has considered our request. Work on these upcoming centres has already started and they'll be inaugurated by April 2015."

The new centres will conduct grassroots entrepreneurship programmes such as cluster development, new enterprise creation, identification of business opportunities, HR motivational inputs, finance, marketing, technology, business planning, performance improvement and communication. Pal said that EDI will transfer all intellectual and technical properties created in the last 30 years to the new centres.

EDI will house its headquarters at Tashkent State University, one of the largest economic varsities in central Asia, and three regional centres at Samarkand, Fergana and Syrdarya. The institute will soon appoint director and other faculty members of Uzbekistan centres. It has also started their two-month training session from October.