An initiative to acknowledge the innovative practices by MSMEs and Start-ups in the State

Growth and sustainability of MSMEs and start-up are vital for the prosperity of an economy. Underscoring upon the significance of this sector, IIIT-Naya Raipur has undertaken a study with the support of the State Planning Commission Chhattisgarh to understand the resilience strategies (innovative practices) applied by MSMEs/Start-ups in Chhattisgarh during COVID-19 to overcome the challenges faced due to the temporary freezing of business. One of the deliverables of the project was to honor some of the key MSMEs who have responded to this crisis with their inherent strength, innovation, and resilience.

Nominations have been invited for this resilience award from the business owners and founders. A large pool of nominees from the various part of Chhattisgarh have applied, and few of them were shortlisted for the final rounds. Based on multipleparameters, a committee comprising experts from different domains selected 10 participants as final awardees. Ten finalists were felicitated in the event, and a coffee table book was documented with the studies and efforts of the selected MSME featured in it.

Welcoming all the participants and audience, Dr. Pradeep Kumar Sinha, Director-IIITNR,emphasized the innovation and entrepreneurship culture currently being nurtured at the institute. He also referred to the various initiatives institutes took in entrepreneurship to help build state human resources.

On this occasion, Hon’ble Vice Chairman of State Planning Commission, Chhattisgarh Shri. Ajay Singh was the Chief Guest of the event. He appreciated the MSME sector’s development of Chhattisgarh and congratulated all the winners. He also suggested looking into the challenges MSMEs face in the State and creating a better ecosystem for nurturing them through policy interventions.

The Guest of Honour, Shri. Rajeev S., Joint Director of MSME-Development Institute Raipur, also lauded all the MSMEs present and discussed the various scheme launched by the Government of India to encourage and motivate small and medium businesses. Later, Addressing the participants and audience,

The whole event was coordinated by Dr.Sresha Yadav (Principal Investigator) and Dr. Amit Agrawal (Co-PI).  The event was concluded with the vote of thanks proposed by Dean for Research and Development, IIIT-NRDr. P.P Paltani.