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Entrepreneurship Development Cell (EDC)

In this ever-changing world of the present day, the Entrepreneurship has taken a different dimension. As the Prosperity of a nation and society is measured by the entrepreneurial spirit of its people, The Entrepreneurship Development Cell (EDC), MGIT is established with a belief that entrepreneurs need not necessarily be born, but can be developed through well -conceived and well-directed activities.

The Mission is to develop entrepreneurial culture in the institute and to foster techno-entrepreneurship for generation of wealth and employment.

Objectives of EDC:

  • To motivate students to undergo Entrepreneurship Development Program (EDP), skill development training and enhance self employment opportunities.
  • To act as an institutional mechanism for providing various services including information on all aspect of enterprise building to budding S&T entrepreneurs
  • To create Entrepreneurial culture in the Parent Institution and other institutions in the region and to promote the objectives of NSTEDB, including programmes related to women and weaker sections of the society.
  • To foster better linkages between the Parent Institution, Industries and R&D institutions in the region and other related organisations engaged in promoting Small & Medium Enterprises (SMEs) and Non-Government Organisations (NGOs).
  • To catalyse and promote development of S&T knowledge-based enterprises and promote employment opportunities in the innovative areas.
  • To respond effectively to the emerging challenges and opportunities both at national and international level relating to SMEs and micro enterprises.
  • To guide and assist prospective entrepreneurs on various aspects such as preparing project reports, obtaining project approvals, loans and facilities from agencies of support system, information and technologies.