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MSME Minister Samal invites start-ups to set up biz in State

 State MSME, W&CD and SSEPD Minister Prafulla Samal today invited Startups and entrepreneurs to setup business in Odisha.

Delivering his special address at the two-day TiEcon Delhi 2017 Entrepreneurship Conference with the theme “Dare to Dream” in New Delhi, he said Odisha is moving ahead with a mission to setup 1000 Startups and with vision to emerge amongst the Top 3 Startup Hubs in India by 2020.

“The state has a conducive ecosystem for nurturing Innovation and promoting Startups,” he assured the participants.

Additional Chief Secretary MSME Department LN Gupta said during last 9 months 152 Startups cutting across all sectors and 4 Incubators have been recognised under the Startup Odisha Initiative.

He added that 15 of the 152 Startups – nearly 10percent -- in Odisha are led by women entrepreneurs.

“Startup Odisha is providing highest benefits in the country in terms of Monthly Allowance of Rs. 20, 000 per month, Product Development and Marketing Assistance up to Rs.  15 Lakhs, and Need Based Assistance to Startups and Capital Grant up to Rs. 5 crore to Incubators,” Gupta said.

Notable, 15 Startups from Odisha participated in the TiEcon Delhi 2017, a premier Entrepreneurship Conference with theme “Dare to Dream” held here on December 15 &16.

The Startups belong to diverse sectors like HealthCare, IT, Biotechnology, Electronics and Services, Food Processing etc.

They got the advantage of being mentored by eminent professionals and successful entrepreneurs like MD and CEO Hitesh Oberoi, Co-founder India Angel Network Padmaja Ruparel, Founding Partner Growth Labs Prajakta Raut, Partner Deloitte  Atul Dhawan, President India Operations DMI Rajnish Kapoor, Chairman, Nasscom Raman Roy, he said.

The Startups got added advantage of displaying their Product and Services at the ‘Odisha Pavilion’ which MSME Department has put up at the Conference site.

Ramesh Abhishek, Secretary, DIPP who chaired the session, lauded the efforts of Government of Odisha in promoting Startups and Innovators. Gujrat, AP, Punjab and Uttarakhand were the other States who participated in the conference.


Précis 2017
From asking his party men to ‘live a simple life and serve the people’ to taunting the BJP for its ‘crocodile tears’, Chief Minister and BJD supremo Naveen Patnaik has not only become politically invincible, he seems to be so in the coming years too.


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