Sambalpur, Mar 1: Union Minister of Education and Skill Development & Entrepreneurship, Dharmendra Pradhan, launched the 100 Cube Conclave at IIM Sambalpur today.

Pradhan also inaugurated the I-Hub foundation at IIM Sambalpur which will identify the need for a dedicated entity for incubation.

A short film of 100 Cube and I-Hub Foundation was also shown during the event. Several MoUs were exchanged between industry partners and IIM Sambalpur and IIM Mumbai for the establishment of the Center of Management Education in Angul.

"Being a knowledge-based and technology-driven economy, within a decade we must become job creators, going beyond being job seekers," Pradhan emphasised, adding, "100 Cube Odisha is not just an initiative but a sentiment, a mass movement for fostering a new culture of ideas and innovation, harnessing the talent and creative endeavours of Yuva Shakti and transforming Odisha into a powerhouse of entrepreneurship,"

100 Cube Startup Conclave is a vibrant symposium of startups, industry, academics, government, students and many more. It aims to create 100 Start-ups each with an average worth of Rs. 100 crore by the time Odisha celebrates its 100th anniversary in 2036.

Earlier on February 11, 2024, Pradhan had inaugurated the initiative at IIT Bhubaneswar, Research and Entrepreneurship Park (REP).

The I-Hub foundation inaugurated today will operate as a physical and virtual incubator and accelerator while networking with the various trenches of the entrepreneurial ecosystem. The incubator will focus on the idea that not only generate wealth but will be a social benefactor. The foundation will operate in social areas and support enterprises in a multi-faceted form to enable social growth. The incubator will work as a facilitator and drive the growth of India to achieve Viksit Bharat. It will provide support to various types of startups and MSMEs as an incubator and accelerator.

Director, IIM Sambalpur, Prof. Mahadeo Jaiswal; Director, IIM Mumbai, Prof. Manoj Tiwari; academicians, industry leaders, innovators and students were also present at the event.

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