STPI holds Next Generation Incubation Scheme Outreach Webinar

Bhubaneswar: STPI-Bhubaneswar has organized the Next Generation Incubation Scheme (NGIS) Outreach Webinar.

Dr. Omkar Rai, STPI Director General said that NGIS is a futuristic Incubation Scheme which offers comprehensive support & services to technology start-ups from various STPI incubation facilities pan-India under one common umbrella.

The basis objective of the scheme is to support up to 300 Startups/entrepreneurs with incubation, finance/seed funding, and mentorship support through pan India mentor pool.

Manas Panda, STPI-Bhubaneswar Director elaborated on various strength and potential of Bhubaneswar and urged the Startups and Innovators to take part in the next generation challenge massively and leverage the benefits of NGIS.

Subodh Sachan, CEO, STPI Next Initiatives, explained on NGIS & NextGen Startup Challenge Contest (CHUNAUTI), an online challenge under NGIS, which has been launched seeking products and solutions from Startups and Innovators to address the issues faced during and post pandemic situation.

 Rajesh R Mishra, Chief Mentor, NGIS, Bhubaneswar emphasized the need to connect to those centres and hubs of technology development.

He pointed out niche areas in EduTech, social media platforms where there is plenty of scope for research, innovation and product creation.

Prof Rabi Mahapatra of Texas University, USA and Mentor, NGIS stressed on creating the right connect between the Startups in the university campus and the industry.

He pointed out that the Alumni network could be big enabler of the university Startup ecosystem by way of facilitating funding, mentoring and market access for products and services developed.

Prasanta Biswal, Evangelist, Startup Odisha commented that there could not have been a better time to launch Chunauti challenge when all countries, societies organizations and individuals are facing Chunauti at every step.