KIIT-TBI Start-up Innovation Conclave: Take Up Challenges, Look for Opportunities to Become Successful Entrepreneurs, Opine Experts at

Bhubaneswar: Successful startup captains, entrepreneurs, senior government officials and academic leaders gathered on Friday at the Startup Innovation Conclave 1.0 organized by KIIT-TBI and emphasized the need to develop a vibrant ecosystem to nurture new talent and encourage them to set up enterprises. in the east and north-east of the country.

The poster boy of India’s startup industry Gautam Kumar, co-founder and COO of FarEye and a proud alumnus of KIIT To-be-University, emphasized on developing ideas and businesses that touch all sections of society. He sincerely thanked KIIT and the Founder of KISS, Dr. Achyuta Samanta, who was present at the event, for financially supporting his idea and venture that has become a unicorn today.

KIIT DU Vice-Chancellor Prof. Sasmita Samanta said that when Gautam approached the university for financial assistance to the tune of Rs 25 lakh, the Founder did not hesitate to support him once as he valued entrepreneurship and promoting it.

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The two-day event is being organized as part of KIIT’s ongoing Silver Jubilee Celebrations.

Union Secretary in the Ministry of Development of the North Eastern Region (DoNER) Lok Ranjan made a vigorous appeal to establish enterprises in the North Eastern region and said that the general perception is that start-ups cannot be developed in this part of the country. to set aside.

“Our vision in the north-east is to have a transformative impact on the region through development. We will focus on infrastructure, health, education and development of the primary sector through entrepreneurship,” he said.

A short video clip was played during his speech after which the Secretary said that the presentation gives an idea of ​​the challenges that can be converted into opportunities.

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Technology Development Board (TDB) Secretary Rajesh Kumar Pathak said that the challenge before him is to establish the ecosystem in smaller towns to support entrepreneurship and start-ups which are mainly concentrated in big cities like Bengaluru, Hyderabad and Gurugram. He announced that one of the proposals they support will soon come to fruition as the malaria vaccine will soon be launched to the world in Bhubaneswar.

Former TBI Secretary HK Mittal, who was a regular visitor to the KIIT campus, praised the achievements of KIIT-TBI for being the leading centers of its kind in the country and successfully creating hundreds of start-ups in the country.

Director General of the Entrepreneurship Development Institute of India (EDII) Ahmedabad Sunil Shukla emphasized the need to develop an entrepreneurial mindset in the country and shared a study by his institute which showed that 52 percent of aspirants do not have the confidence promote their enterprise. However, the study also showed that there has been an increase of 15 percent this year in capturing the participation of people towards entrepreneurship. This reduced to 5 percent during the Covid phase.

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On the other side of the story, Dr. Samanta encouraged young entrepreneurs to take on challenges to be successful in the enterprise. He said that KIIT is a great example of successful entrepreneurship. KIIT’s sister told KISS, it is the world’s largest university for tribal students and has won UNESCO’s highest literacy honor.


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