Bhubaneswar

Money no problem for startups: Bankers

PNS

If you have a good idea and entrepreneurship spirit, don’t hold yourself back.

If money is the problem then don’t thinks about it. Just start your venture and banks are ready to give you adequate funding supports.

Bankers stated this in a programme called Startup Evolution organised by Invest Bhubaneswar in collaboration with Inthinks Business Incubation Group and YOCO here on Sunday.

Attending the programme as guests Ajay Ranade, GM, IDBI Bank,  DK Pattanayak, Cluster Head and AGM of Oriental Bank of Commerce told the startup entrepreneurs that, “We are ready to fund you. Just take our numbers and contact us. There are so many programmes for people like you. Mudra loan is there. Other schemes are also there to help budding startups.”

Main objectives of the programme are to encourage, motivate and support the budding entrepreneurs of the State and help in the growth entrepreneurship.

Dignitaries of the programme discussed on various topics such as current startup scenario of Odisha, entrepreneurship growth opportunities, facilities provided by the Government for the startups and how a startup can avail different Government and banking facilities for scaling the startup.

During the event, the Bloggers Network and the YOCO were launched. Through Bloggers Network Club, anyone can build a new website within 60 seconds. Similarly, YOCO is a co-working space for startups at Infocity, Patia. Built on 10,000 square foot area, it has 500 seating capacity.

On the occasion, the Best Innovative Startup of Odisha Award was given to SusantPattanayak of Inthinks and Amiya Kumar Mishra of Bogglersnetworkclub.com.

Over 50 startup entrepreneurs were present at the event.