York Entrepreneurship Development Institute

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]

York Entrepreneurship Development Institute (YEDI)
IndustryStartup accelerator, education
Founded2013 (2013)
FounderMarat Ressin
Headquarters
Toronto, Ontario
,
Canada
Number of locations
4 locations (2019)
Key people
Marat Ressin, Oleg Amurjuev, Ric Phillips, Maria Konikov
Websiteyedinstitute.org

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 Opens Not-for-Profit Applications and Holds Social Media Marketing Workshop Event". StartUp HERE Toronto. Retrieved October 11, 2018.
  6. "York Entrepreneurship Development Institute launches 80,000 sq ft. Business Acceleration Campus". Cision Canada.
  7. "Dr. Marat Ressin at pioneersforchange.ca". Archived from the original on August 8, 2016.
  8. "YEDI president receives Pioneer of Change award". Schulich School of Business York University.
  9. "YEDI now a designated business incubator for Start-Up Visa Program". Schulich School of Business York University.
  10. "List of designated organizations – start up visa, Business incubators". Government of Canada's digital presence.
  11. "Ryerson, U of T, York startup launchpads ranked among top university business incubators, accelerators". CBC/Radio-Canada. February 25, 2018. Retrieved July 5, 2018.
  12. "Entrepreneurial spirit is thriving at Canada's postsecondary campuses". The Globe and Mail.
  13. "CANADIAN BUSINESS ACCELERATOR LAUDED AS ONE OF THE BEST IN THE WORLD". Canadian Jewish News.
  14. "Winners 2019 – CanadianSME National Business Awards". Retrieved March 29, 2020.
  15. "Meet Our Members". Canadian Venture Capital and Private Equity Association. pp. search by YEDI keyword.
  16. "Sharing Innovation: Renowned Canadian accelerator graduates first cohort at Ariel University". The Times of Israel. Retrieved October 11, 2018.
  17. "Ariel University's Summer Business School (AUSBS) program". Ariel University.
  18. "Academic Department of Global Finance and Small Business Development by York Entrepreneurship Development Institute (Canada)". Plekhanov Russian University of Economics.
  19. "YEDI, top ranked university business accelerator from Canada, held intensive business course in Almaty". www.forbes.kz. February 27, 2020. Retrieved March 30, 2020.
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