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York Entrepreneurship Development Institute (YEDI) is a venture fund,
startup accelerator Startup accelerators, also known as seed accelerators, are fixed-term, cohort-based programs, that include mentorship and educational components and culminate in a public pitch event or demo day. While traditional business incubators are often g ...
, incubator and entrepreneurial community located within
York University York University (french: Université York), also known as YorkU or simply YU, is a public university, public research university in Toronto, Ontario, Canada. It is Canada's fourth-largest university, and it has approximately 55,700 students, 7,0 ...
in
Toronto Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the ancho ...
,
Ontario Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Ca ...
, Canada. YEDI facilitates collaboration between students, alumni, and academic and business leaders. The organization was founded in 2013 by businessman Dr. Marat Ressin, a native of Russia with close ties to the Jewish community in Canada.


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. The accelerator programs also assist high potential start-ups with securing funding. YEDI holds events aimed at creating connections between members from different industry sectors. 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.


Awards

In 2016, Marat Ressin, president and founder of YEDI, received an award for Excellence in Innovation. In 2017, YEDI was named a Designated Business Incubator for the Canadian government's Start-Up Visa Program. In 2018, YEDI was ranked the No. 1 University-Linked Business Accelerator in the World by UBI Global, a Swedish data and advisory firm. In 2019, the company was recognized as the "Best Business Support Organization in Canada" at the CanadianSME Awards.


Partnerships and events

YEDI is a general partner of Canadian Venture Capital and Private Equity Association. 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. In 2018, Plekhanov Russian University of Economics opened the Joint Department of International Finance and Economics of Small Business Development with YEDI. In 2020, YEDI brought its International Program to Kazakhstan in partnership with Suleyman Demirel University.


References


External links

* {{Official website, http://www.yedinstitute.org/
York Entrepreneurship Development Institute – Incubator Program
on Schulich School of Business Organizations based in Toronto 2013 establishments in Ontario Organizations established in 2013 York University Business incubators of Canada