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Seminar on “Mission 1000 Startups”

Seminar on “Mission 1000 Startups”

All the budding Startups to select their domain carefully and should remain focused on quality of their product/services: Sri Bagchi

Bhubaneswar, 06/03/2017(By Prasanta Ku Bhuyan)-An enriching session on “Mission 1000 Startups” was held today at the Conference  Hall of IDCO Exhibition Ground, Bhubaneswar on the sidelines of MSME Trade Fair-2017  and Entrepreneurship Week. At the outset, Shri L.N. Gupta, IAS, Principal Secretary, MSME  gave an update of the implementation of the Startup Policy. He outlined the measures and  events planned to encourage more and more startups and foster a culture of entrepreneurship in the state. He stated that we are working on sustained basis to achieve  the ’Mission 1000 Startups’ by 2020.While inaugurating the Seminar, Shri Subroto Bagchi, Chairman, Odisha Skill Development Authority congratulated the Team Startup Odisha for the outstanding efforts   toward promotion of startup eco-system in the state. He outlined the main traits of an  entrepreneur and described him as someone, who has fire in the belly, courage and  patience. He should have self-belief, independent thinking to serve customers, hard-working attitude, flexibility to improvise, and the ability to keep their ego aside for the sake  of their business. He advised all the budding entrepreneurs /Startups to select their domain  carefully, choose their tools suitably, follow appropriate methodology and should remain  focussed on quality of their product/services.  Shri Vikas Bali, MD, Intellecap stated that they have funded over USD 600 million across countries, including Milk Mantra in Odisha. Under the programme “Sankalp”, they  have been assisting social enterprises in India, Indonesia and Kenya. He added that they  search, seed, support and scale up early stage social enterprises. As regards Odisha, he  announced that the Startups, who get registered under the Odisha Startup Policy, will be  provided access to their virtual incubator namely, “Startup Wave”. He also announced that  the best 5 Startups, who qualify for product/marketing assistance under the Odisha Startup Policy, will get focused mentoring by the Intellecap team.  Shri Amit Singh, Co-Founder & M.D., Headstart, which is one of the largest grass  root level organisations, supporting entrepreneurship and startups in the country,announced opening of their Headstart Entrepreneurship Chapter in Odisha during this month. Through this chapter, they would be mentoring entrepreneurs across the state. He  mentioned that every year 25,000 entrepreneurs are benefitting from their services. Shri Omkar Rai, DG, STPI said that the largest number of STPI Centres are existing  in Odisha, which are in Bhubaneswar, Berhampur and Rourkela. Further, they intend opening 4 new Centres. He suggested that MSMEs and startups working in the IT and  electronics sector can avail funding under the Electronic development fund of the  Government of India. He assured to work closely with Govt. of Odisha to strengthen the  Startup eco-system in the state. Shri Manish Kumar, an IITian turned Researcher-cum-Entrepreneur, who is running  an organisation ‘Back 2 Village’ and working mostly on promotion of agriculture in  Mayurbhanj district of Odisha, articulated his long journey as an entrepreneur and how he   has enjoyed the oil that goes with it. ‘Back 2 Village’ is engaging farmers in Mayurbhanj  towards adoption of best farming practices as well as assisting them towards market  linkage.

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