Recognizing that a quantitative increase in the number of entrepreneurs and a qualitative improvement in entrepreneurship could considerably accelerate the industrial and there by economic development, the Industrial Development Corporations first thought of developing small entrepreneurs in a systemic manner long back in 1969

In the year 1970 a small cell was created within GIIC to impart the entrepreneurship training. The pioneering step-it was the first attempt of its kind in the whole of country and this experiment turned out to be a phenomenal success. Later on, over a period of nine years, 80 Entrepreneurship Development Programmes (EDPs) were conducted and over 50% after completing the training successfully set up their own industrial ventures.

Enthused by the above success in bringing about a perceptible change in public perceptions, the Gujarat Corporations together with the State Government set up in May, 1979, an independent body- THE CENTRE FOR ENTREPRENEURSHIP DEVELOPMENT (CED).

In order to strike a deep and long lasting impact on the State economy, CED has constantly been on an innovating spree, consistently coming out with imaginative programs aimed at specified target groups.