About EDC
The Entrepreneurial Development Cell (EDC) at Jagan Institute of Management Studies
(JIMS) is designed to cultivate an entrepreneurial mindset among young students. In a
dynamic and evolving Indian market characterised by job market volatility and skill
shortages, the EDC aims to empower students with innovative, strategic, and disciplined
thinking. The goal is to not only equip students with the skills necessary
Mission
To foster an entrepreneurial spirit among students by developing their innovative capabilities,
strategic thinking, and disciplined approach, enabling them to create self-sustaining
businesses that drive social and economic progress.
Vision
To create a vibrant ecosystem where students embrace entrepreneurship as a viable and
attractive career path, contributing positively to society and the economy while achieving
personal and professional growth.
Objectives
- Develop Entrepreneurial Skills: Equip students with essential skills such as
innovation, strategic planning, financial management, and leadership to enable them
to start and sustain their own businesses.
- Promote a Hustler’s Mindset: Instil a mindset of resilience, creativity, and
self-reliance among students to tackle challenges and seize opportunities in the
entrepreneurial landscape.
- Encourage Independent Thinking: Foster a culture of independence and
self-sufficiency by providing resources and support for students to develop and
launch their own ventures
- Drive Social and Economic Impact: Encourage projects and startups that address
societal issues and contribute to economic development, thereby acting as a catalyst
for positive change.
Key Resources Provided:
- Workshops and Training: Conduct workshops, seminars, and training sessions on
entrepreneurship basics, business planning, financial literacy, and other relevant
topics.
- Mentorship Programs: Connect students with experienced entrepreneurs and
industry experts for guidance, support, and networking opportunities.
- Incubation Support: Provide resources such as office space, technical support, and
seed funding to help students launch and scale their ventures.
- Competitions and Challenges: Organise business plan competitions, pitch events,
and hackathons to encourage innovation and practical problem-solving.
- Networking Events: Facilitate networking events with industry professionals,
investors, and successful entrepreneurs to build connections and explore
collaboration opportunities
Success Metrics
- Number of Startups Launched: Track the number of student-led startups that are
successfully launched and sustained.
- Job Creation: Measure the impact on job creation both within the student ventures
and the broader community
- Social Impact: Assess the social contributions of student projects and their effects
on local and national issues.
- Student Engagement: Monitor student participation in EDC activities and their
feedback on the effectiveness of the programs.
Partnerships and Collaborations
- Industry Leaders: Collaborate with industry leaders and successful entrepreneurs
for mentorship and guidance.
- Academic Institutions: Partner with other educational institutions for joint initiatives,
research, and best practices sharing.
- Government and NGOs: Engage with government agencies and non-governmental
organizations for support, funding, and resources
Student Coordinators
Faculty Co-ordinator
- Dr. Sheetal Chadda Professor
- Email: sheetal.chadda@jimsindia.org