Pact inked with Invest India for 1,000 Startups

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To materialise its ‘Mission-1000 Startups’ by 2020, the State Government on Wednesday signed an MoU with the Invest India, the National Investment Promotion and Facilitation Agency of the Union Ministry of Commerce and Industry.

The pact was signed between MSME Department Secretary lN Gupta and Invest India MD and CEO Deepak Bagla in the presence of Chief Minister Naveen Patnaik and MSME Minister Jogendra Behera at the State Secretariat here.

On the occasion, the CM also launched ‘Odisha Startup Helpline’ number 1800-345-7100 to provide a platform to youths, incubators and other stakeholders to address their issues.

“I am sure that partnership between Startup Odisha Initiative and Startup India Hub run by the Invest India will help us in achieving the “Mission-1000 Startups” by the year 2020 and help our youth in realising their dreams,” said CM Patnaik.

The MoU would facilitate knowledge exchange, access to funding and networking between Odisha Startups and the global Startup ecosystem. Invest India would also extend knowledge support for development of

MSME Sector in the State with focus on the food processing, agro-processing and spices sector.

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