Odisha plans to revamp startup policy

Bhubaneswar, Dec 2 (KNN) The Odisha government is open to policy change as well as completely renovating the current startup policy, said MSME department Principal Secretary Saswat Mishra in his address at the Make in Odisha Conclave-2022.

He said the conclave is a unique opportunity to understand Odisha’s policy and regulatory environment, wherein a platform is provided for investors and potential manufacturers.

“Through this conclave, we aim to build the state of Odisha as a preferred destination for investment and maximize the technology and innovation potential by boosting the start-up ecosystem,” he said.

The conclave intends to encourage startups not only from the IT sector but other sectors as well to be creative and convert their ideas into tangible products.

Speaking at the valedictory session of the thematic session MSME Minister Pratap Keshari Deb said, “Over the last five years, we have built several world-class incubators and created a large talent-pool of mentors.”

“Today, Odisha has over a thousand successful startups that are being mentored at around 25 incubators. The state government is keen to boost innovation among young people and has initiated several programs like Startup Yatra 2.0 to motivate youngsters to innovate and fulfil their dreams,” he added.

The Odisha Conclave-2022 will conclude on December 4, 2022.  (KNN Bureau)