Odisha has a good business environment to nurture Startups and, hence, the Government is moving ahead with a mission to set up 1,000 startups with a vision to emerge amongst the top 3 startup hubs in the country by 2020.
MSME Minister Prafulla Samal said this at the two-day “TiEcon Delhi 2017” entrepreneurship conference held in New Delhi with the theme “Dare to Dream” on Saturday.
MSME Additional Chief Secretary lN Gupta said as many as 152 Startups in all sectors and four Incubators have been recognised under the Startup Odisha Initiative during the last nine months. Of these, 15 Startups are led by women, he informed.
“Startup Odisha is providing highest benefits in the country in terms of monthly allowance of Rs 20, 000, product development and marketing assistance up to Rs 15 lakh and need-based assistance to Startups and capital grant up to Rs 5 crore to Incubators,” said Gupta.
As many as 15 startups from Odisha participated in the event. The Startups belong to diverse sectors like healthcare, IT, biotechnology, electronics and services, food processing etc. They displayed their products and services at the ‘Odisha Pavilion’.
DIPP Secretary Ramesh Abhishek lauded the efforts of Government of Odisha in promoting Startups and Innovators. Gujarat, AP, Punjab and Uttarakhand were the other States participated in the conference.