Odisha Chief Minister Naveen Patnaik today distributed free incubation offers to 75 young innovators.
He also said the state government has made certain amendments in the Startup Odisha Policy to further encourage innovators and young entrepreneurs.
Patnaik was speaking at the grand finale of the Startup India-Odisha Yatra held here today. The CM had flagged off the yatra on January 30.
Out of the total 3,600 ideas received at the event, 125 were shortlisted for a 3-day Accelerator Programme. Experts shortlisted 75 of them, who will be given free incubation at IIT, Bhubaneswar, STPI, I-Create at Ahmedabad and BIMTEC, New Delhi, among others.
The selected incubators will undergo a three-month programme, and the toppers will get a grant of Rs 50,000 to pursue their ideas.
Patnaik said that the number of startups registered with the Startup Odisha Initiative has crossed the 200 mark.
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