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Patnaik distributes free incubation offers to 75 innovators

Press Trust of India  |  Bhubaneswar 

Chief Minister today distributed free incubation offers to 75 young innovators.

He also said the has made certain amendments in the Startup Policy to further encourage innovators and young entrepreneurs.

was speaking at the grand finale of the Startup India-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.

said that the number of startups registered with the Startup Odisha Initiative has crossed the 200 mark.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 13 2018. 23:30 IST