The Myth "Entrepreneurs are born, not made was believed by too many, for too long, This perpetrated a perennial shortage of entrepreneurs and entrepreneurship, inputs perhaps more vital to economic development than even the physical infrastructures.

Recognizing the myth for what it was and upon realizing that a quantitative increase in the number of entrepreneurs and a qualitative improvement in enterpreneurship could considerably accelerate industrial development and growth.

As a result of this in the year 1970 the industrial Corporation GIIC - GSFC - GIDC & GSIC has started its activity named "Udyog Sahasik Vikas Yojana" as a part of GIIC.

Entered by their 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 Center for Entrepreneurship Development (CED)".

CED has a firm belief that the Entrepreneurs are not born, but can be developed. CED has been registered as a Societies Registration Act an autonomous body.

The Industries Commissioner of Gujarat is the Chairman & the Joint Commissioner of Industries is the Director of CED