IIT-BBS to set up research & entrepreneurship park

Bhubaneswar: With an aim to attract young entrepreneurs and large-scale investments, the Indian Institute of Technology, Bhubaneswar (IIT-BBS) has proposed to set up a research and entrepreneurship park here on the outskirts of the city.

A decision in this regard was taken at a high-level meeting chaired by chief secretary GC Pati here on Saturday.

“We have proposed to set up a research and entrepreneurship park in Bhubaneswar to nurture the young entrepreneurs for which, the Centre has agreed to sanction around Rs 50 crore”, said IIT-BBS director R.V. Rajakumar.

The Odisha government has also agreed to provide the land required for the ambitious project, Rajkumar added.

The park will play a key role in promoting and nurturing small and medium entrepreneurs with providing research and technical support.

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