620 startups from Odisha recognised last year

Prameyanews English

Published By : Prameya News Bureau | August 9, 2024 9:51 PM

Startups

New Delhi, Aug 09: As many as 620 startups from Odisha have been recognised by the union government in 2023.

The number was 451 in 2022, said sources.

As on 30th June 2024, Department for Promotion of Industry and Internal Trade (DPIIT) has recognized 1,40,803 entities as startups in the country.Since the launch of Startup India initiative in 2016, the DPIIT- recognised startups have created over 15.53 lakh direct jobs as on 30th June 2024.Further,67,499 DPIIT-recognised start-ups have at least one-woman director as on 30th June 2024.

The government unveiled an action plan for startups comprising of schemes and incentives envisaged to create a vibrant startup ecosystem in the country. The action plan comprises of 19 action items spanning across areassuch as “Simplification and handholding”, “Funding support and incentives” and “Industry-academia partnership and in cubation”.

For attaining specific objectives of the action plan, various programs are implemented by the government under the Startup India initiative to recognize, develop, promote, and empower the startup ecosystem. All the steps under taken by the government under the initiative are inclusive and are implemented across States/UTs.

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