EDII has been awarded the prestigious Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Award for Local Economic Development for its Startup Village Entrepreneurship Project (SVEP). The Citation reads that the Merit Award is given to EDII in recognition of its efforts under SVEP to reduce poverty and unemployment in villages by helping initiate and support rural enterprises. Present on the occasion on behalf of EDII were Director, Dr. Sunil Shukla; Governing Board Member and Former Chairman & Managing Director, Dr. Sailendra Narain and Advisor –Business Development Cell, Mr. Nikhilesh Desai. The award was presented by Mr. Shivjee Roy Yadav, Chairman, ADFIAP.
Dr. Sunil Shukla, Director-EDII expressed his views on the correlation between entrepreneurship and Development Finance Institutions (DFIs) at the Plenary Session on MSME and Entrepreneurship at the 41st Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Annual Meet at New Delhi. Dr. Shukla held that DFIs must collaborate with specialized entrepreneurship development institutes only for conducting EDPs and these institutes must exercise assiduousness in involving DFIs in imparting inputs at every stage of the programme.