five-year target of creating 1,000 start-ups in Odisha


The state government has set a five-year target of creating 1,000 start-ups in Odisha.

“Under the Odisha Start-up Policy launched last year, we have the vision to create an enabling environment and supporting ecosystem that would facilitate start-ups in the state,” said state micro, small and medium enterprises department secretary L.N. Gupta, during an interactive meet with start-ups hosted by the state yesterday.

At present, more than 200 start-ups work in the state in various incubators. The state also has more than 20 incubators. Over 125 of the state’s start-ups, incubators and mentors took part in the meet.

“Start-ups need to chart their journey and there is no standard script to it,” said Jay Krishnan, T-Hub, Hyderabad, CEO. He said start-ups should dream big and not worry about the availability of capital. “Capital is not an end but a means to achieve the end. If the venture is related to market requirement, there are enough agencies to fund the project,” he said.
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