Ahmedabad-based Entrepreneurship Institute of India (EDII) has set up an incubation centre 'CrAdle' to help its students venturing into start-ups.
The institute has tied up with several banks for providing seed capital to the extent of Rs 20 lakh to potential start-ups germinating out of this incubation centre.
EDII, promoted by financial institutions like IDBI Bank, IFCI, ICICI Bank and SBI, has devised two post-graduate programmes oriented towards promoting awareness about business entrepreneurship among fresh graduates.
Acting PGP chairperson of EDII Manoj Mishra told reporters that the mandate of the Institute was to create social entrepreneurs and ultimately emerge as social leaders.
EDII has also tied up with international organisations for placements, he said, adding the Institute has also set up centres in Cambodia, Laos, Myanmar and Vietnam.
The Institute was also proposing to set up overseas centres in Uzbekistan and five African countries.
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