Bhubaneswar: In a bid to provide better start up eco system, Odisha Government has decided to put in place an advanced startup hub with state-of-the-art common facilities by March 21. It would be a centre of excellence with co-working spaces, fab-lab and common services under one roof, sources said. Chairing the State Startup Council meeting, Chief Secretary Asit Tripathy directed officials to scale up the start-up ecosystem in the state through strategic partnership and facilitating policy intervention.
Meanwhile, the number of startup ventures in Odisha has grown up to 774 creating more than 6,000 employment opportunities. “The state startup Council recognised the first startup in June 2017. Since then because of the overwhelming support, the number of recognized startups has increased to 774, including 250 women-led units, by November this year,” added Micro, Small and Medium Enterprises (MSME) Secretary Satyabrata Sahu.
The meeting also accorded in-principle approval for providing financial assistance to five startups and four incubators.