BHUBANESWAR: The Odisha govenrment on Wednesday decided to lend all support f a world-class state-of-the-art Centre of Excellence in the Research and Entrepreneurship Park of IIT, Bhubaneswar.
The decisions were taken by Chief Secretary A P Padhi during the second Startup Council Meeting .
This apart, the government has recognised at least 130 Startup ventures under the Odisha Start up Initiative, official sources said.
The meeting also resolved to provide all support for a world-class state-of-art Centre of Excellence in the Research and Entrepreneurship Park of IIT, Bhubaneswar, Padhi said.
It would be a Centre of Virtual and Augmented Reality for Immersive Visualization, he said adding the Centre was given a kick start by philanthropic contribution of Rs 2.5 crore from Smt Susmita Bagchi and a matching grant of Rs 2.5 crore by the state govenrment.
Earlier, the Council had nominated six nodal agencies for evaluating and processing startup applications.
These were IIT, Bhubaneswar, STPI, Bhubaneswar, NIT, Rourkela, IMMT, Bhubaneswar, OUAT, Bhubaneswar and NIFT, Bhubaneswar.
Additional Chief Secretary MSME L N Gupta said, “So far, 18 innovative entrepreneurs are getting financial assistance from the Council. With today’s approval of two more, the number grows to 20.”