Odisha Registers 20 Startups Each Month Under Its Startup Initiative

Odisha Claims To Have Registered 233 Startups Across 39 Sectors Within One Year.

In a major boost to state startup initiative, Odisha state government has been recognising 20 startups every month, flying higher than the national average, said Additional Chief Secretary (ACS), Micro Small and Medium Enterprises LN Gupta.

While addressing the Startup Council Meeting held yesterday under the chairmanship of Chief Secretary AP Padhi, Gupta said that the state’s Startup Initiative has registered around 233 startups across 39 sectors within one year with a registration rate of around 20 per month,

Odisha Registers 20 Startups Each Month Under Its Startup Initiative

At present, these are providing employment to around 2,000 people, he further added.

Around 30 startups in Odisha have been provided various benefits like monthly allowance, product development assistance, need-based assistance, reimbursement of expenses and one-time matching capital grant, he said.

The state has also approved three new nodal agencies, financial assistance for two new incubators and need-based assistance for two new ventures.

Read more

Leave a Reply

Your email address will not be published. Required fields are marked *