Latest news with #BiharStartupPolicy2022
Time of India
a day ago
- Business
- Time of India
Minister felicitates five startups for innovative projects
Patna: Industries minister Nitish Mishra felicitated five startups for their innovative projects at the 'Startup Spark 2.0' event in Patna on Tuesday. The event witnessed the launch of innovative products by emerging Bihar-based startups. It was organised in collaboration with BHub BSFC and the Incubation Centre, IIT-Patna. The event showcased innovative products of startups based in Bihar that are ready for market entry. "The event was organised to provide a platform to startups to connect, deliberate and enhance their growth prospects," Mishra said. The minister said Startup Spark 2.0 will prove to be an important launchpad for the upcoming startups of Bihar, providing them an opportunity to meet investors, mentors and industry leaders and expand their ideas. "This initiative is in line with the Bihar Startup Policy 2022, which works towards establishing a strong and prosperous entrepreneurship ecosystem in the state by providing seed capital, co-working space and guidance to the startups," he said. Mishra appreciated the innovative work done by the startups in Bihar and urged all the parties concerned to work together to establish Bihar as the largest startup hub in the world. He also assured the industries department's support to the startups and guidance to the entrepreneurship ecosystem of Bihar to achieve the goal of 'Developed India'. Get the latest lifestyle updates on Times of India, along with Doctor's Day 2025 , messages and quotes!
Time of India
13-06-2025
- Business
- Time of India
‘Ideas Yatra' to identify 1L startup concepts across state
Patna: The Bihar Ideas Festival was launched on Friday during jointly by the department of industries, the Chandragupta Institute of Management Patna (CIMP) and a startup. The flagship event – the Bihar Ideas Yatra – is a 45-day campaign aimed at nurturing entrepreneurial spirit in every district with special focus on women, rural youth and aspiring innovators. The mission is to enable the creation of 10,000 new enterprises across the state by selecting promising ideas, offering mentorship, building investor linkages and facilitating access to seed funds under the Bihar Startup Policy 2022. Industries minister Nitish Mishra announced the launch of the Bihar Innovation Board, which has already received 1,700 innovative ideas. "The number of registered startups in Bihar has nearly tripled – from 586 in 2024 to 1,522 today," he said. He invited the public to suggest policy reforms during the yatra and assured that seed funds, micro-initiatives and investor linkages would be implemented. Shradha Sharma, founder and CEO of the startup, stressed the importance of taking entrepreneurial opportunities beyond Patna. "We must include every woman, youth and dreamer in the state's progress," she said. Now onboarded as a mentor at CIMP, Sharma will assist emerging founders through visibility, mentorship and storytelling. CIMP director Rana Singh highlighted the institution's role in guiding entrepreneurs. "We are committed to mentoring young innovators and providing them the tools to transform ideas into viable businesses," he said. A highlight of the festival is the 38-District Startup Discovery Bus Yatra, which will gather over 1 lakh raw ideas from students, artisans, women entrepreneurs and micro-enterprises. The campaign will be supported by local networks including college e-cells, District Industries Centres (DICs), KVIC and MSME offices. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
