Objective : To develop a holistic ecosystem for encouraging R&D, innovation, and entrepreneurship in ESDM in Bhubaneswar, Odisha and promote creation of IPRs within the country, particularly in Odisha, for maximizing domestic value addition.
Focus Areas : Energy, Process Control & Industrial Automation, Education, Agriculture, Healthcare, Disaster Management & Smart City
Location : Odisha has formulated a forward looking Startup Policy where it is envisaged to develop a "Startup Hub" in Odisha by 2020, create enabling environment and supporting ecosystem that facilitates at least 1,000 startups in next five years making Odisha as one of the top 3 startup hubs of India. Major Indian ICT & Software development firms such as Infosys, Tech Mahindra, TCS, Wipro, Mindtree along with local Odisha-based companies like Mindfire, Tatwa, Tcube, have made it IT hub of East India.
Electropreneur Park (EP), Bhubaneswar
Partners : The partners include MeitY, STPI, Govt. of Odisha, IIIT-Bhubaneswar, IESA, TiE, Startup Odisha, TI, Excelpoint, and NRDC
Target Beneficiaries: 35-40 Incubatees/companies are proposed to be incubated over a period of five years at an average eight Incubatees per year.
Duration: The CoE is proposed to be operational for five years from the date of its launch.
Budget & Source of Funding: The total budget outlay is Rs. 22.44 crore for a period of five years which will be jointly borne by MeitY (Rs. 2.5 crore), Govt. of Odisha (Rs. 11.22 crore) and rest by STPI & others (Rs. 8.72 crore).
No. of Mentors: 24
Achievements: 27 startups onboarded
For more details go to below link:
Chairman & MD, Cyber Media
Director, STPI-Bhubaneswar
To develop a holistic ecosystem for encouraging R&D, innovation, and entrepreneurship in ESDM in Bhubaneswar, Odisha and promote creation of IPRs within the country, particularly in Odisha, for maximizing domestic value addition.