Union Education Minister Inaugurates I-Hub Foundation To Support Innovation At IIM-Sambalpur

Union Education Minister Inaugurates I-Hub Foundation To Support Innovation At IIM-Sambalpur

Union Education Minister Dharmendra Pradhan Friday inaugurated the I-Hub Foundation, an incubation centre, at IIM-Sambalpur.

PTIUpdated: Saturday, March 02, 2024, 05:17 PM IST
article-image
Union Education Minister Dharmendra Pradhan | Representative pic

Union Education Minister Dharmendra Pradhan Friday inaugurated the I-Hub Foundation, an incubation centre, at IIM-Sambalpur.

The foundation will play a pivotal role in nurturing and supporting innovative ventures across diverse sectors, including textiles, art and culture, agriculture, healthcare, financial and digital inclusivity, tribal entrepreneurship, and sustainability.

Pradhan also launched the Sambalpur chapter of '100 Cube' start-ups to establish 100 start-ups on its premises, each with an approximate valuation of Rs 100 crore, by Odisha's centennial celebration in 2036.

"Start-ups... are the wealth creators, jobs creators, and creators of economic opportunities for the bottom of society," Pradhan said.

Stating that healthcare, textile, agriculture, mines, and minerals are the priority sectors for start-ups, Pradhan said that education institutions like IIM Sambalpur are natural places for mentorship, given the talent pool of the faculty.



"There is no shortage of resources in the country today. However, the challenge lies in linking resources with new ideas and incubation centres like I-Hub will facilitate this," he said.

"Our unique proposition focuses on promoting local art, culture, and intellectual industry in regions rich in mineral and mining resources. We aim to add value to these sectors. Moreover, we are working towards establishing Odisha as a hub for start-ups and entrepreneurs," the Director of IIM Sambalpur, Mahadeo Jaiswal, said.

RECENT STORIES

'Do Not Bring Us Under RTE Act': Minority Groups Oppose To Review RTE Act Exemptions For...

'Do Not Bring Us Under RTE Act': Minority Groups Oppose To Review RTE Act Exemptions For...

Maharashtra: Over 46k Students Sign Up For 1st CET For BMS, BBA, BBM And BCA

Maharashtra: Over 46k Students Sign Up For 1st CET For BMS, BBA, BBM And BCA

Jadavpur University Withdraws Permission For Celebration Of Ram Navami On Campus

Jadavpur University Withdraws Permission For Celebration Of Ram Navami On Campus

Mumbai University Initiates Student Dialogue Program

Mumbai University Initiates Student Dialogue Program

UP BEd Joint Entrance Exam 2024 Registration Deadline Extend Till April 30, Click Here For Direct...

UP BEd Joint Entrance Exam 2024 Registration Deadline Extend Till April 30, Click Here For Direct...