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States » EastPosted at: Feb 11 2024 9:07PM


Pradhan launches 100 cube start-ups initiative at IIT Bhubaneswar

Bhubaneswar, Feb 11 (UNI) IIT Bhubaneswar’s Research and Entrepreneurship Park will create 100 Startups each with an average valuation of Rs.100 crore. by the 100th anniversary of Odisha in 2036.
Union Education, Skill Development & Entrepreneurship Minister Dharmendra Pradhan on Sunday launched the transformative 100-Cube Start-Up initiative at a conclave in IIT Bhubaneswar attended by over 70 dignitaries across the industry, academia, and startups.
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 support of Rs. 130 crore from the Ministry of Education.
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