Center for Entrepreneurship and Small Business Management (CESBM) was launched in the year 2004 with the aim to promote entrepreneurship as a socio-cultural value, serve as an information and resource institute and also for creating  an entrepreneurial climate in the region by having an entrepreneurial culture and ensure an unabated supply of entrepreneurs. This is the first university based Entrepreneurship Development Institute (EDI). It is housed in Vikramaditya Bhawan. CESBM provides an opportunity for a person to enter into a process, which leads to realization of their passion for innovation and development. Center for Entrepreneurship and Small Business Management has developed its own model to shape its efforts of entrepreneurship development in Indian context.