Bhubaneswar to host “Yi INNOVEX” – Odisha’s Largest Innovation & Startup Showcase Expo from 30th Nov to 2nd Dec, 2016

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Bhubaneswar to host Yi INNOVEX - Odisha's Largest Innovation & Startup Showcase Expo from 30th Nov to 2nd Dec, 2016

From INNOVEX team:
Bhubaneswar: Yi INNOVEX @ Make in Odisha Conclave is an event for Entrepreneurs and Innovators to Inspire, Innovate, Educate and Connect. It is being organized by Young Indians (Yi) and supported by The Government of Odisha and Startup India Mission. Yi INNOVEX @ MIO will be featuring most successful startups & founders from Odisha, who are changing the world in their own ways. We will also celebrate the exuberance of the innovation from Odisha. During the event Yi INNOVEX will showcase cutting edge technology like Robotics, Virtual Reality, Drones/Quad copter for citizens to experience and learn.

Bhubaneswar to host Yi INNOVEX - Odisha's Largest Innovation & Startup Showcase Expo from 30th Nov to 2nd Dec, 2016

The Three days Yi INNOVEX @ MIO will cover the following events and activities:

• 5 Multi Million Dollar funded start-ups with roots from Odisha
1. MySmartPrice.com : 10 Million USD Funded : Mr. Srikant Ray, Co Founder
2. Explara.com : Funded by Google India MD, and opting 6 Million USD : Mr. Santosh Panda, Founder
3. InstaSafe.com : Undisclosed 2 rounds of funding, 100 Most Promising Startup : Sandip Kumar Panda, Co Founder
4. Reverie : 4 Million USD Funded : Arvind Pani , Founder
5. NestAway : 30 Million Funded by Ratan Tata & Others : Amarendra Sahu, Cofounder

The purpose of showcasing these startups is to inspire the local startups to follow their steps to success. The founders will coach the local entrepreneurs to make it big.

• Drone Zone, Robo Zone & VR Zone for the visitors to engage Visitors to the expo can try hands on drone flying and learn its applications in today’s world
RoboZone will display robots from small mobile robots to industrial robots and will
expose the youth to cutting edge robotics.

We intend to offer an experience of Virtual reality consoles to the expo visitors and teach youngsters its application in Virtual learning, gaming, Virtual tourism and many more possibilities.

• Innovation showcase of Odisha with Selfie zone This will be a SELFI space which will showcase amazing innovations from ODISHA by grass root inventors. These inventions will be demonstrated along with their Inventors details. These will surely inspire students to innovate and solve problem around them.
1. Lalita Prasida Sripada : Winner of Google Science Fair Award 2015
2. Tejaswini Priyadarshini : Creator of the “Air Bike”. Went viral on social media.
3. Susant Pattnaik : 6 Time President’s Award winner for Innovation .
4. Shubhendu Kumar Sahu : President’s Award winner on 14th Nov 2016.

• Participation by Serial entrepreneurs, Business leaders from Silicon Valley USA, Global Investor community ( Angel funds , Seed funds and VC funds) & Startup Mentors
Yi INNOVEX is bringing high-powered delegates to visit and meet with Odisha’s startups and Innovators. The participants will hear directly from the Policy makers, Investors, and successful Entrepreneurs on the startup environment and discover the opportunities the market offers.

• Project Yi Udyam : Seed funding for 30 individual / groups to spark business.
Objectives of Project UDYAM is to spark entrepreneurship in common people and inspire them to be job creators through an engaging workshop managed and moderated by renowned mentors and experts on social entrepreneurship.

• Workshop on Glider making RC & Non RC for students and enthusiasts
This will be a workshop for School and college students with interest in building
flying objects. The step by step DIY based workshop will be conducted by EduRade with materials and real live glider flying experience. Background of Yi Young Indians (Yi) is an integral part of the Confederation of Indian Industry (CII), a non-government, not-for-profit, industry led and industry managed organisation playing a proactive role in India’s development process. Yi was formed in the year 2002 with an objective of creating a platform for young Indians to realize the dream of a developed nation. Background of YI INNOVEX YI, Bhubaneswar, has been organizing YI INNOVEX for the last five years as a part of Enterprise Odisha, the state’s most prestigious event by Govt. of Odisha& CII, Odisha. YIINNOVEX Odisha 2015, was a grand success and it encouraged start-ups and brought together the start-up eco-system and inspired young minds to innovate. With many extraordinary inventors and startups from across the state joining, YI INNOVEX Odisha 2015 grabbed the imagination of all.

Appeal to the Press :
Yi appeals to the press & media fraternity to take the voice of Young Indians to the masses. We can and We will together, make Odisha the most preferred destination for Innovation & Startups.

Who said what.

Sri. Debi Prasad Mishra, Hon’ble Minister Industries, Govt of Odisha, in his statement said that “ The objective of the conclave is to showcase the manufacturing ecosystem of the state to investors, highlight investment opportunity across focus sectors of the state and elicit investment intention from the companies. Successful start ups from the state will be sharing their experiences and learning. The state Govt. recently formulated a new start-up policy with a vision to emerge among the top three startup hubs in the country by 2020.” Mr. Sanjeev Chopra, Industry Secretary, Govt. of Odisha

In his address said “The proposed investors meet would be a great opportunity for the startups in Odisha. The Odisha Govt. that recently came up with its startup policy has aimed to create around 1000 startup in next five years. There would be seminars, exhibitions to encourage the young minds of startups. Young Indians (YI) a Confederation of Indian Industry (CII) wing would coordinate with the state Govt. for the programme. “ Mr. Abanis Nayak, Regional Chair, Yi Eastern Region, said, “I have been working with teams across several Yi chapters in eastern India, and I am very proud of the work being done by the Bhubaneswar Chapter. Platforms like Yi INNOVEX is the need of the hour and I am happy that the youth of the state is extremely excited, participative & prepared to stand up and start up” Mr. Vivek Batra, Chair Yi Bhubaneswar, said, Speaking about the vision of YI INNOVEX,
“Yi INNOVEX is not only an event by Yi, but also a platform for the new talents, inventors & entrepreneurs to showcase their ideas / products & services to the Industry bodies, Government Authority and general public. This will bring the desired change in the state’s Innovation and startup community.” Mr. Matrudatta Mishra, Co-Chair, Yi Bhubaneswar, Present at the press meet said, “Yi INNOVEX has an extra ordinary line up of speakers from several walks of life to enlighten and inspire. Yi INNOVEX is bringing high-powered delegates to visit and meet with Odisha’s startups and innovators. The participants will hear directly from the Policy makers, Investors, and successful entrepreneurs on the startup environment and discover the opportunities the market. “ Ms. Priti Agrawalla, Co Chair, Innovation & Entrepreneurship, Yi Bhubaneswar

Emphasized on the importance of social entrepreneurship in our state and stated that Project UDYAM will certainly help in the direction of producing several entrepreneurs. The response from the registered participants is overwhelming. It is also being observed that in the list of aspirants, women are leading.

Mr. Tapandra N Senapati , Chair, Innovation & Entrepreneurship, Yi Bhubaneswar
on his concluding remarks said “ We at Yi INNOVEX are trying to engage everyone from the society to solve problems of unemployment by inculcating the mindset of being a Job Creator over the conventional mindset of being a Innovation & Entrepreneurship, Yi Bhubaneswar. And we strongly believe that Innovation and Entrepreneurship are the only tools for such transformational change.”

Website: www.innovexodisha.com & www.investodisha.org

Twitter: @innovexodisha
Email: innovexodisha@gmail.com Phone: 9776141751
Sarita Rout, SAI PR, Ph : 7381601841 Email : sarita@saipr.in
Alok Das, SAI PR, Ph : 9163739533- Email : alok@saipr.in