An Entrepreneurship Development Cell (EDC) is typically a committee or organization within an educational institution or a community that focuses on fostering an entrepreneurial mind-set and supporting aspiring entrepreneurs
The primary objectives of an EDC Committee are to:
Promote Entrepreneurship: The committee works to create awareness and encourage students or individuals to explore entrepreneurship as a career path.
Skill Development: The committee organizes workshops, training programs, and mentoring sessions to enhance entrepreneurial skills such as idea generation, business planning, market research, financial management, and networking.
Networking and Collaboration: The committee facilitates connections between aspiring entrepreneurs, established entrepreneurs, industry professionals, investors, and other relevant stakeholders to foster collaboration and knowledge sharing.
Incubation and Support: Establishing and managing incubation centers or programs that provide physical space, infrastructure, networking opportunities, and business support services to startups and early-stage entrepreneurs.