Odisha govt inks MoU with HDFC bank to promote Startup Odisha initiative

Bhubaneswar: Odisha govt inks MoU with HDFC bank to promote Startup Odisha initiative. MSME department of the State aims to sponsor around 1000 startups this year.

The MoU was signed in the presence of Chief Minister Naveen Patnaik at Kharavela Bhawan here.

Under the MOU, HDFC bank will provide Smart banking solutions to startups recognised by Startup Odisha along with an opportunity to pitch their solutions to requisite stakeholders and will work towards providing them an opportunity to showcase their solutions.

In addition, HDFC Bank will extend incubation and acceleration support to all startups banking with them. The HDFC Bank is having third party alliances to provide discounts for startups across key business support functions like shared workspaces, digital marketing, content writing, tax and legal advisory, financial management, compliance among others.

The HDFC Bank will enable startups to list on their Smart Buy platform for growth and visibility.

In addition, HDFC Bank would assist Startup Odisha Initiative in organising Startup Yatras, Hackathons, acceleration programs and Startup Conclaves.

As per the agreement, Life Skill will be imparted to the students of all the 49 Government ITN of the state.