IIM Sambalpur Takes A Step Forward in Supporting Startup Ecosystem: Subhash Sakar, MoS Education

Indian Institute of Management Sambalpur's plans to conduct short as well as long-duration executive and other programs in management from the new ISID campus will support the startup ecosystem in the country, said Dr Subhas Sakar, Minister of State for Education.

The objective of the course is to cater to a lot of working professionals, executives, and entrepreneurs who want to pursue management studies (along with an option of a dual degree from international universities) on weekends from a premium IIM besides continuing their respective trade and profession.

The minister said, “I congratulate the institute for taking this crucial initiative to support the startup ecosystem in the country. IIM Sambalpur’s logo is a whole graphic depiction of the core values i.e., Innovation, Integration, and Inclusiveness. I hope this executive Master of Business Administration (MBA) program will provide many future leaders to the nation with a global outlook and dynamic approach to solving the problem.”

Anurag Batra, Editor-in-chief, BW Businessworld said that In 2016 when the PM announced the Startup India initiative and said its "totally okay to fail". When he said this he changed the whole culture of our country. He also asked parents to encourage young professionals not to get discouraged by failure in life. For Entrepreneurs, there is nothing called failure and it's always an experience you get.

Dr. Mahadeo Jaiswal, Director of IIM Sambalpur, said that IIM Sambalpur is known as the 3.0 version of IIMs since it is built on three main pillars, i.e., Innovation, Integration, and Inclusiveness. It is a third-generation IIM that focuses on three primary aspects: Teaching, Research, and Incubation.  We have set a benchmark of having an equal number of male and female students.