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Manipur Startup Conclave held

By Correspondent

IMPHAL, Aug 8 - The Manipur Startup Conclave 2018 was held at the City Convention Centre here today, during which a number of individuals and groups were provided financial assistance to convert their ideas into realities for the all-round development of the State.

Manipur Chief Minister N Biren Singh, Deputy Chief Minister Yumnam Joykumar Singh, other Cabinet ministers, Deputy Chairman of Manipur Planning Board S Rajen Singh, MLAs, the Chief Secretary, heads of departments and others attended the conclave.

The Chief Minister said that it was a historic day for Manipur as the people witness the rollout of an ambitious programme called the Startup Policy and the opening of the land road between India and Myanmar at Moreh.

Stating that the objective of launching the Manipur Startup scheme is to unleash the potential, talent and entrepreneurship skills of the people of the State, Singh stated that the Manipur Startup Policy would nurture and encourage startups and entrepreneurs in job creation and economic growth in the State.

Urging the people to refrain from the culture of calling bandhs and blockades in the State, the Chief Minister called for giving an opportunity to the Government to take Manipur to new heights.

Deputy Chief Minister Joykumar also termed the occasion as momentous. He assured that the Government would extend all possible help to nurture and support promising entrepreneurs of the State, adding that the future economy of the State depends on the entrepreneurs.

A presentation on six selected startups was shown during the event. Grants and sanction letters were also presented to the selected startups and entrepreneurs under the scheme.

The scheme is proposed to be implemented with a financial assistance of Rs 150 crore in the next five years (2017-2022). Out of the total 334 startups/beneficiaries, 29 startups were selected under the Revenue Stage Startup, 200 beneficiaries in the Idea Stage and 105 beneficiaries in the Entrepreneur Support Scheme category.

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