Odisha government launches new campaign to encourage budding entrepreneurs

BHUBANESWAR: To create awareness about startup ecosystem in small towns and to encourage the budding entrepreneurs to start new undertaking, the state executive on Tuesday launched the Startup India-Odisha Yatra programme.
A specially-decorated car, flagged off via chief minister Naveen Patnaik here on the state secretariat, would trip round 60 tutorial institutions around the 15 districts underneath the month-long programme. Some of the a hit startups would participate in the month lengthy campaign that might proceed till February 27.

According to assets, startup clubs might be shaped at every of the learning/host establishment falling at the yatra course. These clubs will function underneath the supervision of a professor in-charge and with at least three to four volunteers.

Special awareness camps might be organized in 10 puts to gather leading edge concepts on entrepreneurship underneath the programme. The micro, small and medium enterprises (MSME) division that spearheads the programme has expected to generate 500 leading edge concepts.

"Selected ideas will be put to three-day intensive acceleration programme and the best 50 innovators will be provided incubation and mentorship support to convert their ideas into startups," stated Naveen after launching the programme.

The camps might be organized at Fakir Mohan University, Balasore, Veer Surendra Sai University of Technology, Burla, Government Engineering College, Keonjhar, KIIT, Bhubaneswar, NIT, Rourkela, Vikram Dev College, Jeypore, Government Engineering College, Kalahandi, National Institute of Science and Technology, Berhampur and Biju Pattnaik Film and Television Institute of Odisha, Cuttack.

Khorda, Cuttack, Bhadrak, Balasore, Mayurbhanj, Keonjhar, Sundergarh, Jharsuguda, Sambalpur, Sonepur, Bolangir, Kalahandi, Koraput, Rayagada and Ganjam districts are the districts during which the van will cross all the way through the startup yatra.


According to assets, a grand programme would be organized in the state capital to mark conclusion of the month-long programme. "The best ideas will be rewarded during the occasion," stated MSME minister Prafulla Samal.


So a ways, as many as 175 startups have associated with the Startup Odisha initiative, underneath which the state executive has centered to create 1000 startups via 2020.


The state executive units apart a capital infrastructure fund up to Rs 25 crore to give a boost to the startup gadgets and young entrepreneurs. Universities and schools are also inspired with monetary assist to set up incubation gadgets to assist students to learn about startups.


It also gives an array of incentives like repayment provision up to Rs 1 lakh in keeping with year for three years to institutions, incubators and industry for proving web, electricity and mentoring services to startups and Rs five lakh as advertising and marketing or exposure assistance.
Odisha government launches new campaign to encourage budding entrepreneurs Odisha government launches new campaign to encourage budding entrepreneurs Reviewed by Kailash on January 30, 2018 Rating: 5
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