Startup Odisha Successfully Concludes First Cohort of Pre-Incubation Program
- ByStartupStory | July 11, 2023
Startup Odisha, an initiative led by the MSME Department of the Government of Odisha, has achieved a major milestone by successfully completing its inaugural pre-incubation program.
The program garnered significant interest, with 62 aspiring entrepreneurs registering for the opportunity. After undergoing a rigorous training and mentorship curriculum, 23 participants emerged as graduates of the program. Among them, nine individuals showcased their innovative ideas, and three outstanding startups were selected to receive comprehensive support from Startup Odisha, propelling them to the next phase of growth.
Startup Odisha’s pre-incubation program aimed to empower emerging entrepreneurs by equipping them with the essential skills, knowledge, and resources needed to transform their ideas into thriving ventures. The overwhelming response during the registration phase is a testament to the vibrant entrepreneurial spirit and untapped potential within the state.
In an exciting development, Startup Odisha proudly announced strategic partnerships with Technolplat Ltd, Wadhwani Foundation, and Her Money Talks. These collaborations are poised to further strengthen Odisha’s startup ecosystem by bringing invaluable expertise, global networks, and access to capital.
Dr. Omkar Rai, the Executive Chairman of Startup Odisha, expressed his enthusiasm about the partnerships, stating, “We are delighted to collaborate with Technolplat Ltd, Wadhwani Foundation, and Her Money Talks. These partnerships will foster an environment of innovation and provide invaluable support to our budding entrepreneurs. Together, we aim to unlock the full potential of the startup ecosystem in Odisha, driving economic growth and creating opportunities for our talented youth.”
The signing of the Memorandum of Understanding (MOU) between Startup Odisha and these esteemed partners marks a significant milestone in the journey of building a robust and dynamic startup ecosystem. Through these partnerships, knowledge exchange, mentorship programs, access to funding opportunities, and international exposure will be facilitated for the selected startups.
With a vision to nurture and empower the startup community, Startup Odisha, in collaboration with Technolplat Ltd, Wadhwani Foundation, and Her Money Talks, is committed to driving innovation, fostering entrepreneurship, and creating an enabling environment for startups to thrive in Odisha.
Startup Odisha, an initiative of the MSME Department, Government of Odisha, aims to promote ideas, innovations, and startups by budding entrepreneurs in the state. It focuses on fostering innovation, developing and improving products, processes, and services. Additionally, Startup Odisha strives to scale up ideas towards sustainable business models with a high potential for employment generation and wealth creation in the state. With an ever-evolving ecosystem, Startup Odisha works with a wide range of over 1,600 registered startups, including 600 led by women.