Institute for Entrepreneurship
and Development Studies
Obafemi Awolowo Univeristy.
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Background of the Institute for Entrepreneurship and Development Studies, OAU, Ile-Ife
The Institute for Entrepreneurship and Development Studies, Obafemi Awolowo University, Ile-Ife, is an academic and research institution dedicated to the study, promotion, and advancement of entrepreneurship and economic development in Nigeria. It started as the Centre for Industrial Research and Development (CIRD) in 1968 and became an Institute for Entrepreneurship and Development Studies in 2013.
The mandate of the Institute of Entrepreneurship and Development Studies is to provide quality education, research and training in the fields of entrepreneurship, business development and management. The institute strives to equip individuals with the necessary skills, knowledge and mindset to become successful entrepreneurs and leaders in their respective fields. Through its programmes, the institute aims to promote innovation, creativity, and entrepreneurship as tools for socio-economic development and sustainable growth.
By equipping individuals with the necessary skills and knowledge to become successful entrepreneurs, the institute helps to promote economic growth and development within communities. Additionally, the institute conducts research on entrepreneurship and business development, which can provide insights into effective strategies for community development.
Through its outreach programs, the institute also engages with local communities to promote entrepreneurship and support small business development. Overall, the Institute for Entrepreneurship and Development Studies is a valuable resource for promoting community development through entrepreneurship and business development.
Our Core Values
The core values of the Institute for Entrepreneurship and Development Studies are the guiding principles that shape the institute’s culture, interactions, and actions. These values reflect the institute’s identity, mission, and aspirations. Here are some core values for IFEDS:
- Innovation
- Excellence
- Collaboration
- Empowerment
- Social Impact
- Diversity and Inclusion
- Lifelong Learning
- Ethics and Integrity
- Global Perspective
- Resilience
These core values collectively shape the institute’s identity and guide its actions, ensuring that it remains true to its mission while making a lasting and positive contribution to the world of entrepreneurship and development.
Our vision is to become a globally recognized hub for catalysing entrepreneurial spirit and driving sustainable development. We envision a future where our institute is at the forefront of fostering innovation, nurturing aspiring entrepreneurs, and advancing economic growth in communities in Nigeria. Through cutting-edge research, dynamic education, and impactful partnerships, we aspire to shape a world where entrepreneurship thrives as a force for positive change, creating resilient economy and fostering inclusive prosperity.
The mission of the Institute for Entrepreneurship and Development Studies is to promote and support entrepreneurship, innovation, and sustainable development through research, education, and community engagement. The institute aims to foster a conducive environment for the growth of businesses, the development of entrepreneurial skills, and the enhancement of economic and social well-being.
Featured Projects
IFEDS Collaborations with Government Agencies
IFEDS Collaborations with Nonprofit Organizations
IFEDS Collaborations with Faculties
Interested in
Working With Us?
Collaborations with various institutions can greatly enhance the effectiveness and impact of the Institute for Entrepreneurship and Development Studies. Here are some institutions IFEDS intend collaborating with:
- Faculties, Centres of Excellences, Offices and Units within the University
- Community Organizations
- Technology Transfer Offices:
- Cultural and Arts Institutions
- Government Agencies
- Industry Associations and Chambers of Commerce