The Bihar government has launched a new startup scheme for youth who are pursuing technical courses. Based on this scheme, all 38 government engineering colleges in the state have been instructed to create separate startup cells. The instruction was issued by the Department of Science, Technology and Technical Education.
As a part of the plan, Rs 10 lakh as seed money will be given to every college for supporting innovative startup thoughts during the 2025-26 financial year. It is being done with the view that students should think seriously about entrepreneurship and help in creating an ecosystem that fosters innovation and technology.
Bihar Startup Scheme: Startup Cells To Act As Support System
The officials from the department said that the startup cells would serve as a helping hand for students who want to start their own businesses. The cells will take students through the start-up process, assist them in coming up with ideas, and connect them with potential funding agencies.
The overall objective is to foster the emergence of startups that leverage technology to address real-world problems. The state hopes these firms will contribute to local, as well as global, socio-economic advancement. The venture is also intended to foster closer connections among students, faculty members, and the general startup world through mentorship and networking.
Focus areas among the startups will be emerging technologies like artificial intelligence, machine learning, robotics, blockchain, cloud computing, data science, embedded systems, renewable energy, the Internet of Things, drones, AR/VR, and others.
38 Engineering Colleges In Bihar To Receive Rs 10 Lakh Each For Startups
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