September 30, 2022

Bhubaneswar, Sep 14: AIC-NIFT has announced the launch of Mo Startup Bootcamp in Odisha to help budding young entrepreneurs of the state to start their venture.

 

More than 5000 participants and five hundred plus curated ideas are expected from these boot camps. This initiative aims to create more than 50 new start-ups in the state.

Vice-chancellor of Biju Patnaik University of Technology (BPUT), Rourkela Prof. Chitaranjan Tripathy inaugurated this program in an event held at IGIT, Sarang in Odisha’s Dhenkanal district on Wednesday.
In his address, Tripathy India has a demographic dividend which should have been utilised in a very proper way.

Talking about the leadership of China and Taiwan, he said “we need to focus on electronics manufacturing to compete with them and have to utilize our youth generation properly like China did”.

He said to become an export-oriented country, the youth should have to take up entrepreneurship and set up start-ups they like to start.
NIT, Bhubaneswar Principal Prof. Dr. N H S Ray highlighted the importance of this campaign for the whole startup ecosystem.

Sources said the first phase of Mo startup bootcamp shall initially be held in Sambalpur, Keonjhar, Dhenkanal, Ganjam and Kalahandi districts.
It will cover all aspects of startup creation from design thinking to idea validation, journey from PoC to Product, Business models and consumer viability and starting a startup.

It aims to provide foundational knowledge on innovating, solving problems and starting up a unique venture. The bootcamp will highlight the journey of a startup from ideation stage to successfully soft landing in the market with a roadmap for scale and growth.
In the ideation stage, participants will be encouraged to find solutions for regional, national and global problems.

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Mo startup program will sensitize participants on various aspects of product innovation, intellectual property, technology commercialisation, prototype development, market and customer analysis, business model and complete overview of startup journey.
This would be a step towards scouting and supporting technology-led innovations to turn into successful business ideas of tomorrow.