About
Entrepreneurship Hub EDIC
EDIC's ABS-IIC arm, supported by MoE’s Innovation Cell, drives innovation among students, fostering an innovative culture in higher education.
- EDIC, in partnership with ABS-IIC, ignites innovation among students, supported by the Ministry of Education's Innovation Cell to promote innovation in higher education.
- The program includes a 3-credit Entrepreneurship course, emphasizing both theory and active participation in entrepreneurship workshops.
- Students must complete the AIMA BIZ LAB simulation in Semesters I, II, and III.
- Submission of a Business Plan is mandatory, guided by EDIC mentors and faculty.
EDIC's ABS-IIC arm, supported by MoE’s Innovation Cell, drives innovation among students, fostering an innovative culture in higher education.
- EDIC, in partnership with ABS-IIC, ignites innovation among students, supported by the Ministry of Educat... View More
Objectives
- Inculcate and improve the entrepreneurship mindset of young people to enable them to be more creative and self-confident in taking rational risk in starting an enterprise.
- Encourage innovative business start-ups and facilitate them through research and consultancy.
- Encourage Social Entrepreneurship for enhancing the role of students in society and the economy.
Outcome
- Students shall become responsible and enterprising individuals who have the attitudes, skills and knowledge necessary to achieve the goals they set for themselves.
- Students shall develop competence as a composition of entrepreneurial attitude, entrepreneurial skills and knowledge of entrepreneurship.
- EDIC also aims at establishing effective partnership with industry and other academic institutes of the region thus fostering overall development in entrepreneurship potential in the region.
Innovations and
Startup Policy
Incubation
Center
ABS Institution
Innovation Council
EDIC also has an arm of ABS-IIC which is innovation centric and motivates and instills the innovation fire among the students. Ministry of Education (MoE), Govt. of India has established ‘MoE’s Innovation Cell (MIC)’ to systematically foster the culture of Innovation amongst all Higher Education Institutions (HEIs). View Less
EDIC also has an arm of ABS-IIC which is innovation centric and motivates and instills the innovation fire among the students. Ministry of Education (MoE), Govt. of India has established ‘MoE’s I... View More
Entrepreneurial
Certifications
EDIC also has an arm of ABS-IIC which is innovation centric and motivates and instills the innovation fire among the students.
Ministry of Education (MoE), Govt. of India has established ‘MoE’s Innovation Cell (MIC)’ to systematically foster the culture of Innovation amongst all Higher Education Institutions (HEIs).
View Less
EDIC also has an arm of ABS-IIC which is innovation centric and motivates and instills the innovation fire among the students.
View More
The Evaluation Components Include
- Entrepreneurship as a subject taught in which is a 3-credit course. Along with teaching the syllabus students active participation in various workshops related to entrepreneurship are required.
- Every student must complete AIMA BIZ LAB simulation conducted in all three Semesters I, II and III, based on the training provided by AIMA BIZ LAB.
- Every student is required to submit their Business Plan, which will be done under the guidance of mentors from EDIC and faculty members.
Business
Gamer Certification
ABS has earned to its credit another achievement of becoming an AIMA BizLab accredited institute. AIMA BizLab accreditation is a part of our endeavour to enhance the managerial skills and entrepreneurial acumen of our students. We are among the very few privileged institutes across India to be AIMA BizLab accredited.
All India Management Association (AIMA), as the national apex body of management profession in the country is committed to enhancing the competence of management profession through its multifaceted activities. AIMA is represented on the Boards of India’s premier Business Institutions and also represented on Boards of Government bodies including the AICTE, National Board of Accreditation, National Productivity Council to name a few. View Less
ABS has earned to its credit another achievement of becoming an AIMA BizLab accredited institute. AIMA BizLab accreditation is a part of our endeavour to enhance the managerial skills and entrepreneurial acumen of our students. We are among the very few privileged institutes across India to be AIMA BizLab accredited… View More
Certified Trainers
AIMA Bizlab
Mr. Sumit Rastogi
Ms. Bushra
Dr. Maroof Ahmad Mir
Dr. Neelam Sheoliha
Young Asian
Entrepreneurial Challenge
Role of Entrepreneurship Development and Incubation Centre (EDIC) at ABS is to enable students to be more creative in taking a rational risk in starting an enterprise and encourages innovative business start-ups and facilitates them through research and consultancy. It conducts various Entrepreneurship Development Programs for developing entrepreneurial skills enabling students to take up entrepreneurship as a career choice.
View LessRole of Entrepreneurship Development and Incubation Centre (EDIC) at ABS is to enable students to be more creative in taking a rational risk i... View More
Young Asian
Entrepreneur of the Year
With the goal of instilling an entrepreneurial mindset in ABS students, the Entrepreneurship Development and Incubation Centre (EDIC) hosts Young Asian Entrepreneur of the Year in which students from the final year PGDM (equivalent to MBA) compete for a Seed funding of INR 5 lakh for their start-up venture. The winning amount of Rs. 5 Lacs is funded entirely by Asian Business School.
The aim of this Event
- Provide an opportunity for all the final year PGDM students at Asian Business School to put into practice all what they have learnt over the past 2 years of studies inside and outside the campus.
- Provide a meaningful learning experience for students who are interested in pursuing an entrepreneurial opportunity in their career.
- Push the young minds to become job creators and not merely as job seekers.
Flow of the Events
- Push the young minds to become job creators and not merely as job seekers.
- Push the young minds to become job creators and not merely as job seekers.
- Push the young minds to become job creators and not merely as job seekers.
- These 4 teams / individuals shall be joined by the Winner of Young Asian Entrepreneurial Challenge from the same batch of PGDM students who shall be vying for the top honours of winning 5 Lacs as the Seed Funding for their venture.
Entrepreneur of The Year
Winner- Mr. Vikas Bhagaria, Founder, Pee Safe 2022
being felicitated by Directors AEG
Winner-Jatin Soni 2023
Young Asian Entrepreneur of the Year 2023