The Bihar Industrial Area Development Authority (BIADA) will provide common office space or say co-working space to startup firms at Pataliputra Industrial Estate and Udyog Bhawan in Patna.
The land was being identified at Pataliputra estate for the purpose on which co-working space will be developed and will also have provide high-speed internet services and other facilities to startups for research and other related functions.
Besides this, 600sqft of space on the ground floor of Udyog Bhawan, Patna has also been identified, which will be developed as an entrepreneurship lab.
Speaking at a review meeting on incubation centres and startups at Udyog Bhawan on Friday, BIADA’s managing director R S Srivastava said, “Chandragupt Institute of Management Patna has developed a short-term course on entrepreneurship, which will be taught to budding entrepreneurs. The State-Level Bankers Committee has also been requested to help startups secure loans from banks.”
The development was first reported in TOI.
Last year Bihar had already approved its Start Up Policy to support industries and young entrepreneurs in the state. Later in the same year, it received 30 startup proposals and also launched a website — BiharStartupYatra.com — for inviting people interested in setting up ventures with government support in the state.
Notably, in a states’ ranking for ease of doing business released by Department of Industrial Policy and Promotion (DIPP), Govt of India, in June 2016 Bihar acquired the first position.