CM launches Start-Up Cohort

    07-Oct-2022
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Imphal, Oct 6 (DIPR)
Chief Minister N Biren Singh today launched Start-up Cohort of Startup Manipur and XR for Start-up Roadshow today at the Imperial Hall, Classic Grande. The XR Startup program aims to accelerate India’s contribution towards building the foundation of the metaverse and nurturing the development of Extended Reality (XR) technologies.
Speaking as the chief guest of the function, the Chief Minister thanked all concerned including Sikkim Manipal University, NITI Ayog and Manipur Technical University for bringing the world to the tiny State of Manipur through Meta, and added that involvement of Meta means the whole world is looking.
The Chief Minister explained the reason for launching the StartUp Manipur scheme and said that it was Prime Minister Narendra Modi who had launched the Start Up scheme Nationwide in 2016.
Soon after coming to power in 2017, the then State Government also wanted to launch the StartUp Manipur and did so in 2018, he added.
The Chief Minister further explained the significance of the StartUp Manipur and emphasized that the people cannot depend only on the Government for employment, and that such schemes like the StartUp are providing employment to the youths of the State.
“We are not only providing employment through such schemes but we have also started exporting products of the State including black rice, pineapples, etc to the outside world”, Biren said.
He said that every Central Ministry has been cooperative and supportive to the State and that he is expecting further more because Manipur is marching ahead.
“We could have had incubation centres earlier but we didn’t have the infrastructure and functioning of Manipur Technical University was also delayed due to certain issues”, he continued.
“We have the potential and resources, specially human resources, but we are not exploring it properly”, Biren said.
Mission Director, Atal Innovation Mission, Niti Ayog, Dr Chintan Vaishnav said, “What we have learnt from the Atal Innovation Mission is that for every rupee we have invested in the innovation mission, for the ecosystem, we have received about Rs 17 in return. There are bases to create entrepreneurship in places that are appropriate to the place, to the skill, to the capabilities, to the aspiration of the people.” He also said that India has about 77,000 registered start-ups, and one start-up on average creates 11 jobs, which is about seven and a half lakh jobs in total.
The launch of the “Start-up Cohort of Startup Manipur and XR for Start-up Roadshow” was organized by the Start-Up Incubation Center-Manipur Technical University and Atal Incubation Centre- Sikkim Manipal University Technology Business Incubation Foundation supported by the Planning Department, Government of Manipur.
Additional Chief Secretary Vumlunmang Vualnam, MTU Vice Chancellor Dr Bhabeswar Tongbram, Vice-Chancellor, SMU Dr (Veteran Lt. Gen) Rajan S Grewal, MEITY Start-up HUB (MHS) CEO Jeet Vijay and Public Policy Director META Sunil Abraham attended the function, among others.