As a part of India's support to the Initiative for ASEAN integration (IAI), Government of India proposed to set up Entrepreneurship Development Centre, based on the advice of the expert delegation commissioned by the Ministry of External Affairs to undertake a quick need assessment study for setting up such Centre in the new member countries of ASEAN namely: Cambodia, Laos, Myanmar and Vietnam (CLMV countries). Based on the expert group study report, Government of India initiated the process of setting up an Entrepreneurship Development Centre in each of these four countries.
Entrepreneurship Development Institute of India (EDII) Ahmedabad, an internationally renowned Institute in the field of entrepreneurship training, teaching and research was commissioned to help the Government in executing the project and setting up the Centre in these countries. The Cambodia-India Entrepreneurship Development Centre (CIEDC) was launched in February 2006 and renamed asCambodia-India Entrepreneurship Development Institute (CIEDI) later.
CIEDI recognizes the role of small businesses in providing large-scale employment for equitable distribution and effective mobilization of capital resources and skills in Cambodia. It focuses on skill development and aims to contribute to the demand for investment capital and utilization thereof by micro and small enterprises as potential key engine of a dispersed economic development in Cambodia. Training programs offer an opening for existing low productive enterprises to scale up on the productivity score besides helping create new businesses with an overarching goal of sustainable poverty reduction by augmenting job creations together with enhancing self-employment among the rural and urban youth, women and men.
CIEDI has well trained professionals with experience in imparting entrepreneurship and small business development training. At present, CIEDI has 96 faculty and staff members in addition to a full time Director, Deputy Director from Ministry of Labour and Vocational Training (MoLVT). The trainers are drawn from diverse background namely business administration, finance, marketing, agriculture, livestock development etc. All the trainers including the Director and the Deputy Director have been trained on Trainers of Training (ToT) on Entrepreneurship Development at Entrepreneurship Development Institute, India (EDII), National Institute of Small Industries Extension Training (NISIET) and national Institute of Entrepreneurship and Small Business Development (NIESBUD) in India.
CIEDI currently trains about 450 students in short duration vocational courses and Bachelor degree (4 years) programme. Accounting, Information Technology, Management, Entrepreneurship, Marketing & English Departments conduct popular courses in new enterprise creation, English language, information technology, accounting, E-learning, sewing, make-up, air conditioning etc.
Under Quick Impact Project (QIP) scheme of Mekong Ganga Cooperation Initiative, Government of India has provided a grant assistance of US$ 50,000/- during 2015-16for purchase of items and equipment for CIEDI.
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