York Entrepreneurship Development Institute


York Entrepreneurship Development Institute 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. The organization was founded in 2013 by businessman Dr. Marat Ressin, a native of Russia with close ties to the Jewish community in Canada. The main educational facilities of YEDI are located inside the Schulich School of Business complex at York University's Keele campus.

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 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.