Wednesday, 01 March 2023 | PNS | DEHRADUN
The Indian Institute of Management-Kashipur Foundation for Innovation and Entrepreneurship Development (FIED) recently held the seventh edition of the annual entrepreneurship summit Uttishtha 2023. IIM Kashipur’s Uttishtha 2023 also hosted over 100 startups and nearly 20 VCs to exchange their interests. The three-day event witnessed the national business plan pitching competition, investors meet and entrepreneur’s conclave.
IIM Kashipur director Kulbhushan Balooni said, “IIM Kashipur’s FIED platform has gone to a big level especially the ‘Uttishtha’. We are creating socio-economic impact in the home state by promoting entrepreneurship with the support of State and Central government. FIED team has incubated 140 plus startups and out of these about 40 plus startups have generated over Rs 3.2 billion funding. These startups have also generated direct employment of more than 1,200 and have impacted over half a million farmers. We have identified the right talent of entrepreneurs and provided them with 360-degree support for creating success stories.”
FIED director Safal Batra said, “The seventh edition of Uttishtha has taken the big leap by generating the interests of some significant investors. FIED stands tall nationally by hosting such platform in the Uttarakhand State. We have seen our incubators team going in exterior and remotest places in the state to identify the entrepreneurs with unique business ideas who can represent the future of Indian business. The third generation of farmers is not limited to crop cultivation but expanding into food processing and setting startups. By facilitating the right platform for bringing the right human resources, branding, investors, larger market place, price and packaging, we put them into the mainstream business.”