Odisha Rising: Startups, Schemes & the Future of Entrepreneurship

About the Scheme

Odisha is rapidly emerging as a dynamic startup and entrepreneurship destination, supported by a strong policy framework, expanding innovation infrastructure, and targeted government initiatives. The state’s entrepreneurial ecosystem is driven by the Odisha Startup Policy 2022, Startup Odisha initiatives, MSME promotion schemes, seed funding support, and ease-of-doing-business reforms. Entrepreneurs benefit from financial assistance through Mukhyamantri Udyog Protsahan Yojana (MUPY), MUDRA loans, SIDBI-backed financing, and startup-focused incentives including seed funding, rental subsidies, and tax-related benefits. The ecosystem is further strengthened by incubators at IIT Bhubaneswar, NIT Rourkela, KIIT University, STPI Bhubaneswar, and Atal Innovation Mission-supported centers. Dedicated programs for women entrepreneurs, youth innovators, artisans, and first-time founders are creating inclusive growth opportunities across urban and rural regions. With strong potential in agri-tech, health-tech, fintech, manufacturing, logistics, tourism, renewable energy, and digital services, Odisha is positioning itself as one of Eastern India’s most promising destinations for startups, MSMEs, innovation-led enterprises, and future-ready business ventures.