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80 Startups recognised under SOI in two months

In past two months, 80 Startups have been successfully recognised by the Startup Odisha Initiative operating in Odisha.
BY BEx Bureau
BusinessEx
Aug 05, 2017

This problem was put up in a meeting of assigned force held under the supervision of LN Gupta, Additional Chief Secretary in the Micro, Small and Medium Enterprise (MSME) department.

Samarendra Sahu, CEO of Institute for Entrepreneurship Development (IED) acknowledged workforce regarding the subdue application of 32 startups.

The SOI workforce has also granted 20,000 per month allowances to eight start-ups which include technology developing firm Phoenix Robotix Private Ltd has 23 employees at present. The second one is Maiestas Technology Private Ltd which focuses on LED Luminaries and consist 75 person workforces.

Except for the grant, the initiative is also aiming to provide mentorship to startups by women entrepreneurs. These 3 women entrepreneur started businesses are DD Bio Solution Technology Pvt. Ltd, Krea Foods and Beverages Pvt. Ltd and Prantae Solutions Pvt. Ltd.Mentorship programme extended their deadline for providing services and now will take place at IIT, Bhubaneswar, KIIT-Technology Business Incubator and IOT Centre of Excellence, NASSCOM, Delhi.

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