In what can be said a significant step to strengthen the startup ecosystem in Odisha, the Atal Incubation Centre-Nalanda Institute of Technology Foundation, a new technology business incubation centre at Chandaka was set up in collaboration with the Niti Aayog.
Union Minister Pratap Chandra Sarangi inaugurated the centre in the presence of a large number of dignitaries prominent among them being Director BALCO & DG, AIC-NITF Tapan Kumar Chand on the occasion. The AIC- Nalanda Institute of Technology Foundation (AIC-NITF) offers a 10,000 sqft of incubation space amidst a lush green campus with state of the art infrastructure support, sector-specific labs / FabLab with high-end prototyping facility and other office amenities for the budding entrepreneurs of the country. The incubation centre will provide world class mentoring support from domain experts and renowned professionals from industry, Government and startup ecosystem. Director BALCO and DG, AIC-NITF Chand thanked Minister Sarangi and State Industries Minister Dibya Shankar Mishra, for their strong commitment towards development of startup ecosystem in India and especially in Odisha. He presented the Vision, Mission and Objectives (VMO) of AIC-NITF to be a world class technology business incubation centre and a hub of startups and entrepreneurs in eastern India.
