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Biren-led panel assesses start-up applications

IMPHAL | Jun 12 : In connection with the selection of beneficiaries under Start-Up scheme, a high level committee led by chief minister, N. Biren Singh made an assessment of the project proposals presented by shortlisted applicants and entrepreneurs in a transparent manner at CM’s secretariat on Tuesday.

Every applicant was given three minutes’ time to exhibit their proposals through power point presentation before the committee which included CAF and PD and revenue minister Karam Shyam, Speaker K. Robindro, Manipur Infrastructure Development Agency vice-chairman and MLA O. Lukhoi, MLAs H. Dingo, L. Susindro, Th. Satyabrata and L. Rameshwor, administrative secretaries and heads of departments concerned.

Their presentations were mainly focused on the concept of the proposed Start-Up project, location, required financial assistance, scale of work, market, employment generation and expected annual income etc.

Biren said that the Start-Up scheme has been formulated to provide financial assistance to educated and hardworking youths of the state to promote self employment and entrepreneurship. He also said that Rs. 35 crore has already been earmarked under the scheme.

Manipur has many well-qualified and competent persons but it has been facing brain drain due to lack of opportunities and support, he said.

Expressing satisfaction on seeing many innovative ideas during today’s assessment session, the Biren said that project proposals, which are suitable and beneficial to the state as well as which can create maximum employment would be given preference.

A total of 700 applications were received through online registration for the Start-Up scheme, he said.

More than 30 entrepreneurs made power point presentation at the assessment session that began from 9 am and continued till 4 pm.
~IFP



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