Odisha: Allocation of ₹100 Crore For Startup Funds

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Bhubanswar: State Govt will mobilize effective venture funds from private and corporate sector for constituting “Fund of Funds’ for Startups.

₹100 Cores shall be allocated to State Startup Fund over a period of 3 to 5 years as per requirement.

State Targets To Launch 1000 Startups By 2021 March. The State Govt has set the target of launching 1K Startups by the end of March 2021.

Reviewing the progress of Startups in the State, directed the departments to explore the model of Fund of Funds for Startups.

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