Technology Business Incubator set up in Fakir Mohan University

Bhubaneswar, Feb 28 (FN Representative) A Technology Business Incubator was established in Fakir Mohan University at Balasore, in presence of Union Minister of state for MSME, Fisheries and Animal Husbandry Pratap Chandra Sarangi on Saturday. Addressing the faculty members, students and staff of F.M University, Mr Sarangi urged the students to stand on their own feet and to work towards the development of the country.

While lauding the University, the minister said: “I am happy that F.M University is the first among the state funded universities in the state to establish a Technology Business Incubator. Mr Sharangi said and his ministry will help in all possible manner to the newly established TBI. The MSME, the Union Minister said, can play a major role in boosting the employment potential of the country. He urged the students to rediscover their hidden talent and use this for not only their personal career development but also for development of the society. Odisha ,he said, has a lot of scope in the field of fishery and animal husbandry, where value addition and innovation could be made to create more employment.

The TBI would play a major role in this direction, he added. F.M University Vice Chancellor Dinabandhu Sahu said establishment of a Technology Business Incubator was long overdue. This will help the students and youth in building entrepreneurship, incubating new innovations and nurturing big ideas. Balasore having a strong industrial background and of being close to Kolkata and Bhubaneswar, this TBI can work wonders in terms of economic boost, he said. Mr. Sahu said since Bhubaneswar has already become an Information Technology City, Balasore would now become a Business hub and Technology hub.