Shri Dharmendra Pradhan inaugurates I-Hub foundation at IIM Sambalpur’s 100 Cube Conclave

Shri Dharmendra Pradhan ji

Shri Dharmendra Pradhan, the Union Minister of Education and Skill Development & Entrepreneurship, graced the 100 Cube Conclave at IIM Sambalpur. The event marked the inauguration of the I-Hub foundation, aimed at fostering a robust incubation ecosystem. Dignitaries including Prof. Mahadeo Jaiswal, Director of IIM Sambalpur, and Prof. Manoj Tiwari, Director of IIM Mumbai, alongside notable academicians, industry leaders, innovators, and students, were present.

The conclave showcased a short film on the 100 Cube and I-Hub foundation, highlighting their objectives and potential impact. Furthering academic-industry collaboration, several Memorandums of Understanding (MoUs) were signed with industry partners for establishing a Center of Management Education in Angul.

Shri Pradhan emphasised India’s transition towards becoming a knowledge-based, technology-driven economy, urging the shift from job seekers to job creators. He highlighted the 100 Cube Odisha initiative as a catalyst for fostering a culture of innovation and entrepreneurship among the youth, aiming to transform Odisha into an entrepreneurial hub.

The event also included a CSR meeting on 28th February, connecting corporations with sustainable business practices in key sectors like textiles, agriculture, and healthcare, among others. This initiative aligns to launch 100 startups each valued at Rs. 100 crore by Odisha’s centenary in 2036, initiated on 11 February 2024 at IIT Bhubaneswar.

The I-Hub foundation will serve as a comprehensive incubator and accelerator, supporting startups and MSMEs across various sectors, thereby contributing to India’s socio-economic growth and the vision of Viksit Bharat.

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