Union minister for education, skill development & entrepreneurship, Dharmendra Pradhan launched the 100-Cube Start-Up initiative of IIT Bhubaneswar’s Research and Entrepreneurship Park.

National

Union minister for education, skill development & entrepreneurship, Dharmendra Pradhan launched the 100-Cube Start-Up initiative of IIT Bhubaneswar’s Research and Entrepreneurship Park. The 100-Cube Start-up Initiative will shape the future of the entrepreneurship landscape of Odisha and India by creating a conducive environment. During the event, IIT Bhubaneswar signed MoUs with 15 companies to build strategic collaborations for achieving the 100 Cube objective. Pradhan also officially inaugurated the 1500-seater auditorium hosting the event and laid the e-foundation for infrastructure projects worth Rs450 crores.


      Ranjit Rath, CMD, Oil India Limited, handed over grant cheques worth Rs3.5 crores to 4 start-ups incubated by IIT Bhubaneswar.

      The Research and Entrepreneurship 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 support of Rs130 crore from the Ministry of Education.

     

 

     


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