Assam: The Nest, an initiative by the Department of Industries and Commerce, Government of Assam, in association with IIM Calcutta Innovation Park, organized UDYAM ASSAM 3.0 on 16 August 2021– celebrating success; supporting startup dreams, and encourage the startups to continue with their entrepreneurial journey. This span of three years is the evolution of the ecosystem and the impact stories of the incubated startups are testimonies of this.
The Honourable Chief Minister of Assam Dr. Himanta Biswa Sarma has given his consent to grace the occasion. This will be his first visit to The Nest. Sri Chandra Patowary, Minister, Industries and Commerce, Government of Assam will be present for the occasion. Oinam Sarankumar Singh, IAS, Commissioner, Industries and Commerce, along with representatives from IIM Calcutta Innovation Park, government officials, academicians, and members from the corporate. The event will witness the onboarding of the third batch of 103 startups for incubation. The occasion will also be marked with the unveiling of the journey on the success stories of the incubated startups- ASSAM STARTUP TRAILBLAZERS(VOL II). Selected startups will also be sharing their success stories.
Rs. 42.6 has been earned together from Cohort 1 & 2 startups in a total of 76 incubated startups. And it has impacted over 3.5 lakh. Recently the first Cohort, Automovill Technologies has raised over $500,000 funding from Mumbai Angels Network. 3 startups have received patents for their innovation. 9 of them have filed the patents while 8 startups are preparing to file the patent. 3rd batch of 103 startups is currently gearing up for the six-month incubation program. IIM Calcutta innovation park has played a crucial role. While my3Dselfie has backed IIMCIP’s DST-support seed fund of Rs 50 lakhs. The B school incubator has facilitated a Rs 6lakhs fund for Aromica Tea from the German Development Agency. Thoula Pratisthan has been selected for a seed investment of Rs 30lakhs under the PRIF-WE program.
For MASI Grant, 113 startups have been recognized with My Assam Startup ID. 45 startups were found eligible fr benefits under Assam Startup policy 2017 have sanctioned Rs 4 crore. The main aim of Assam Startup is to create awareness and promote an entrepreneurial state. The Nest has so far 68 outreach events reaching over 13,000 students. 28 district of Assam, initiating Hub and Spoke model. A 4- day Incubator Management Training Programme was conducted to educate the management and faculty members.
Also Read: Taliban takes over Kabul, President Ashraf Ghani flees
