The State Government will set up an Entrepreneurship Development Society with incubators. This was informed by Chief Minister Naveen Patnaik during the launching of a sensitisation programme on micro, small and medium enterprises (MSME) development for youth here on Wednesday.
Patnaik said, “My Government would bring out an Entrepreneurship Development Policy which will focus on individuals with an expectation that they would become entrepreneurs. The policy may encompass multiple stages in the emergency of an enterprise from prestart to stabilisation and growth. It usually focuses on motivation, opportunity and skills with the primary objective of encouraging people to venture out. Besides the entrepreneurship policy emphasises in ‘soft’ policy measures such as awareness, promotion, skill development, networking and mentoring, and tries to change the mind-set of target group. In short, it will aim at making entrepreneurship into a movement.”
He said the State Government would also set up an Entrepreneurship Development Society with incubators to provide training not just for setting up of new units but also provide continuing education in different aspects like product design, packaging, technology upgradation, financial management and marketing, etc.
The MSME Department would be the nodal agency to take up this challenge.
MSME Minister Damodar Rout and departmental officers were present at the programme launching meeting.