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TOP Entrepreneurship Institutes

Contributors to Entrepreneurship Rising

The word “Entrepreneur” comes from the 13th century French verb “Entreprendre”, meaning to do something or to undertake. By the 16th century, the noun entrepreneur, had emerged to refer to someone who undertakes a business venture. The first academic usage of the term was by economist Richard Cantillon in 1730. For Cantillion, the bearing of risk engaging in business without an assurance of the profits that will be derived is the distinguishing feature of an “Entrepreneur”.

India is the world’s third largest start-up ecosystem, according to the 2017-18 Global Entrepreneurship Monitor (GEM) India report. NASSCOM’s report says that India’s number of start-ups in 2018 was 7200 and the number is sure to increase to 10,500 by the year 2020, as stated in the GEM India report. This rampant growth of entrepreneurship in India is aided by several factors. The recent ‘Start-up India’ and ‘Make in India’ policies and the National Policy on Skill Development and Entrepreneurship 2015 have contributed positively to the start-up culture and employment in India.
In addition to the government policies, the entrepreneurship institutes in India are playing a major role in shaping the future of the start-up world. The programs offered by them aim towards promoting entrepreneurship and developing entrepreneurial spirit in myriad ways.

The Top 20 List

Small Enterprise Magazine Top 20 Entrepreneurship Institutes in India Rankings is unique in it way, making it the school to choose for an Entrepreneurship course.
It is the only Indian performance table to judge research-intensive Institutes across all of their core missions: teaching, research, knowledge transfer and international outlook. We use various carefully calibrated performance indicators to provide the most comprehensive and balanced comparisons, trusted by students, academics, university leaders, industry and governments.
The calculation of the rankings for 2019 has been subject to independent research by our in-house professional services team under Aspire Consulting – a research and consulting arm of Aspire Media Pvt Ltd., making these the only Indian Entrepreneurship Institute rankings to be subjected to full, independent scrutiny of this nature.

Top 20 Entrepreneurship Institute Rankings 2019 methodology:
This year’s list of the best Entrepreneurship Institutes in India is led by EDII, Gandhinagar to the number one spot, while NIESBUD has placed the 2nd spot and IIMB-NRSCEL on 3rd position.
Another notable trend is the continued involvement of Universities and colleges and private institutes to take up Entrepreneurship as a Full Time course. Many leading brands have spread their schools to various cities due to growing demand in Entrepreneurship course.
Here is a list of 20 best institutes in India, providing potential entrepreneurs with brilliant courses on entrepreneurship development.
The courses at these organizations are paving a way for entrepreneurship to rise like never. With essential knowledge about different stages of entrepreneurship and how to get through them effectively, the course takers’ entrepreneurial spirit is sure to sustain.

1.      Entrepreneurship Development Institute of India, Gandhinagar
2.      The National Institute for Entrepreneurship and Small Business Development (Niesbud), Noida
3.      IIMB – NRSCEL, Bangalore
4.      Deshpande Educational Trust, Hubli.
5.      Indian Institute Of Entrepreneurship, Guwahati
6.      SPJIMR, Mumbai
7.      XLRI, Jamshedpur
8.      Institute of Entrepreneurship Development, Odisha
9.      Enterprise Development Institute, Kolkata
10.   Entrepreneurship Development and Innovation  Institute, Chennai
11.   Symbiosis Centre For Entrepreneurship And Innovation, Pune
12.   Xavier Institute of Management and Entrepreneurship, Bangalore
13.   Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
14.   Indian School of Business, Hyderabad
15.   Wellingkar College, Mumbai
16.   Nirma University – MBA (Family Business & Entrepreneurship), Ahmedabad
17.   Bennett University, Noida
18.   Amity Business School, Noida
19.   D.Y. Patil University, Navi Mumbai
20. Global Centre for Entrepreneurship and Commerce, Jaipur

1.  Entrepreneurship Development Institute of India, Gandhinagar

The Entrepreneurship Development Institute of India (EDII) was established in 1983 to augment the country’s supply of entrepreneurs through education and training. In 1985 EDII held a national competition to design a new campus of its own, won by the young architect Bimal Patel who is unrelated to EDII Director Patel.
It is an autonomous and a not for profit institution. Various apex financial institutions like the IDBI Bank, State Bank of India [SBI], ICICI Bank and IFCI Bank had sponsored to establish the institution. The institution offers fellowship programs, postgraduate diploma and distance learning programs.
The Government of Gujarat had pledged 23 acres of land to the college. The institution has established 12 state-level Entrepreneurship Development Centres and Institutes. One of the achievements of the institution was to take entrepreneurship to colleges, schools, science and technology institutions and management schools in several states by inducing entrepreneurship in their curriculum.
The college has earned accolades and support from the World Bank, Commonwealth Secretariat, UNIDO, ILO, FNSt, British Council, Ford Foundation, European Union, ASEAN Secretariat and several other renowned agencies for its efforts to develop entrepreneurship by the way of sharing resources and conducting training programs.
Entrepreneurship Development Institute of India, [EDII] Gandhinagar Scholarships:
·        Gandhinagar scholarships are provided for fellowship and PGDM students
·        Tuition fee waiver, contingency grants and stipend will be provided for a few deserving candidates undertaking the fellowship program
·        Educational loans are provided for meritorious and deserving PGDM students
Entrepreneurship Development Institute of India, [EDII] Gandhinagar Placements:
·        A placement cell has been established on the campus which facilitates interaction between the students and industry
·        Summer internship programs should be undertaken by the students for the duration of 8-10 weeks
·        Internships are done in small and medium enterprises
·        Students can undertake an organizational internship, family business, business opportunity assessment and industry analysis, start-up ventures or international summer internship
·        Students are required to create a Bankable Detailed Project Report [DPR] at the end of the internship
Industry visits are arranged by the college to the students

2. The National Institute for Entrepreneurship and Small Business Development (Niesbud), Noida

The National Institute for Entrepreneurship and Small Business Development is a premier organization of the Ministry of Skill Development and Entrepreneurship, engaged in training, consultancy, research, etc. in order to promote entrepreneurship and Skill Development. The major activities of the Institute include Training of Trainers, Management Development Programmes, Entrepreneurship-cum-Skill Development Programmes, Entrepreneurship Development Programmes and Cluster Intervention. NIESBUD has provided training to 11,46,209 persons as of March 31, 2018 through 44,035 different training programmes since inception. This includes 4,384 international participants hailing from more than 141 countries throughout the globe.
Major Focus Areas
·        Creating a holistic environment to support entrepreneurship and skill development within the Institute.
·        Evaluating and revising the training programmes sponsored by NIESBUD so as to fit in with the internal and external environmental changes with respect to entrepreneurship and small business Development
·        The institute is actively engaged in creating a positive image among the general public on entrepreneurship and eliminating the misconception related to it. This helps in disseminating the information on entrepreneurship and skill Development fruitfully.
·        Announcing various employment generation schemes by the Government, aimed at creating training aids materials, organizing Trainings for budding entrepreneurs to achieve the challenging goals
·        Keeping in tune with the changing macro and micro environment with respect to government policies. With this the Institute through concerted efforts has been able to achieve and sustain financial self-sufficiency through organizing various programmes; enhancing the conduct of market driven fee-based training activities; increasing sales of training materials
·        The Institute has provision of highly qualified faculties and experienced professionals with specialization in multidimensional aspects related to Entrepreneurial Competency & Motivation; Project Identification & Formulation; Finance and Credit; Small Enterprise Management; Women Entrepreneurship; Intellectual Property Rights; Marketing Management & Entrepreneurial Education, E-Learning Modules.
Handholding and post training support for bridging the gap between employers and jobseekers for setting up their enterprise.