Department of Industries & Commerce, Government of Kerala formulated a scheme to set up Entrepreneurship Development Clubs in schools and colleges of the State to inculcate Entrepreneurial Culture amongst youth and equip them with the skills, techniques and confidence to act as torch-bearers of Enterprise for the new generation.The objectives of Entrepreneurship Development Club are to inculcate entrepreneurship qualities, to sensitise industrial scenario of the state, to nurture the latent entrepreneurial talent, develop awareness among its members of the attitudes, values, and skills of successful entrepreneurs around the globe etc.
Promoted by the Government of India and Government of Kerala and registered under the Travancore-Cochin Literacy, Scientific and Charitable Societies Registration Act, KIED aims to provide Human Resources Development in the area of entrepreneurship development.
KIED was established as an autonomous body of the Government of Kerala on 9th November 1994 and established in Kochi in 2005. It aimed to promote the spirit and culture of entrepreneurship among the youth of Kerala by giving them orientation in Human Resources Development and training in skill development and leadership. Initially, the institute was centred in Thiruvananthapuram and was later shifted to Seaport Airport Road in Kalamassery, a rapidly flourishing industrial hub in the state, which sandwiches both the ports and is located nearby Gail India Limited, Hindustan Machine Tools, Infopark, and Nest Special Economic Zone for IT. The location is ideal for the institute, on account of a large number of migrant labourers in the region.
TIE-UP AND ASSOCIATION
Ever since its establishment, KIED has been successful in networking with International and national bodies running with the same purpose. KIED has associated with the United Nations Conference on Trade and Development (UNCTAD) and International Labour Organisation (ILO). KIED has conducted EMPERTEC Inter-phase workshop of UNCTAD and ToT course (Training for Trainers) and SIYB (Start and Improve your Business) of ILO.