York_Entrepreneurship_Development_Institute

York Entrepreneurship Development Institute

York Entrepreneurship Development Institute

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York Entrepreneurship Development Institute (YEDI) is a venture fund, startup accelerator, incubator and entrepreneurial community located within York University in Toronto, Ontario, Canada. YEDI facilitates collaboration between students, alumni, and academic and business leaders.[1] The organization was founded in 2013 by businessman Dr. Marat Ressin, a native of Russia with close ties to the Jewish community in Canada.[2]

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Overview

York Entrepreneurship Development Institute is a sector-agnostic start-up supporting organization that provides mentorship to entrepreneurs and not-for-profit organizations. Upon graduation, the entrepreneurs receive formal certification from The Schulich School of Business (York University) and YEDI.[3] The accelerator programs also assist high potential start-ups with securing funding.[4]

YEDI holds events aimed at creating connections between members from different industry sectors.[5] Start-ups and entrepreneurs use the YEDI spaces during their start-up programs to make prototypes and have a co-working space located within facilities of York University and YEDI's partners.[6]

Awards

In 2016, Marat Ressin, president and founder of YEDI, received an award for Excellence in Innovation.[7][8]

In 2017, YEDI was named a Designated Business Incubator for the Canadian government's Start-Up Visa Program.[9][10]

In 2018, YEDI was ranked the No. 1 University-Linked Business Accelerator in the World by UBI Global, a Swedish data and advisory firm.[11][12][13]

In 2019, the company was recognized as the "Best Business Support Organization in Canada" at the CanadianSME Awards.[14]

Partnerships and events

YEDI is a general partner of Canadian Venture Capital and Private Equity Association.[15] In March 2016, YEDI partnered with Israeli Ariel University to share its methodology with students through an intensive two-week business acceleration program that was launched for the first time on August 7, 2016.[16][17] In 2018, Plekhanov Russian University of Economics opened the Joint Department of International Finance and Economics of Small Business Development with YEDI.[18] In 2020, YEDI brought its International Program to Kazakhstan in partnership with Suleyman Demirel University.[19]


References

  1. "York Entrepreneurship Development Institute Accelerator". StartUp HERE Toronto. Retrieved March 17, 2018.
  2. "TWO YEARS IN, ONTARIO BUSINESS ACCELERATOR SEEN AS A WORLD LEADER". Canadian Jewish News (CJN). November 27, 2015. Retrieved October 11, 2018.
  3. "About Us". YEDI: York Entrepreneurship Development Institute.
  4. "Eligibility criteria". YEDI VC Fund. Retrieved October 11, 2018.
  5. "YEDI president receives Pioneer of Change award". Schulich School of Business York University.
  6. "Meet Our Members". Canadian Venture Capital and Private Equity Association. pp. search by YEDI keyword.

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