02-05-2024, 04:11 PM
Start-up initiative at IIT Bhubaneswar. Following is an excerpt from https://pragativadi.com/iit-bhubaneswars...nitiative/
Quote:The Park to create 100 Start-ups each with an average valuation of Rs. 100 crores by the 100th anniversary of Odisha in 2036.
By Yajati Keshari Rout On Feb 5, 2024
Bhubaneswar: IIT Bhubaneswar’s Research and Entrepreneurship Park is set to launch its transformative 100-CUBE Start-Up initiative on February 11, 2024. This visionary program aims to create 100 startups, each with a valuation of Rs. 100 crores by the 100th Anniversary of Odisha in 2036. To achieve this goal, the Park will provide essential resources, mentorship, seed capital and access to potential investors. The Park is set to expand from its present 20,000 square feet area to about 80,000 square feet over the next two years with the generous support of Rs. 130 crore from the Ministry of Education.
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