The one-day 100 Cube Startup Conclave began at IIM Sambalpur with the inauguration of the I-Hub Foundation by Union Minister of Education and Skill Development and Entrepreneurship Dharmendra Pradhan.   Spearheaded by the Ministry of Education, the conclave endeavors to establish 100 startups on its premises, each with an approximate valuation of Rs 100 crore by Odishas centennial celebration in 2036. The conclave witnessed the august gathering of dignitaries like Director, IIM SambalpurProf Mahadeo Jaiswal; Director IIM Mumbai Prof Manoj Kumar Tiwari, MD, Coal India Limited PM Prasad; CMD, Steel Authority Of India Limited Amrendu Prakash; MD, Bajaj Finserv Sanjiv Bajaj; MD Parry Enterprises Rashmi Ranjan Mohapatra; author  and angel investor Nagaraja Prakasam; CEO and Founder Manikstu (GOAT Bank)Jayanti Mahapatra; Founder Apna Nirmit Parikh and CEO iCREATE Avinash Punekar, besides faculty members and students.   The event also witnessed the signing of an MoU for the establishment of the Center of Management Education in Angul, Odisha, by IIM Mumbai and IIM Sambalpur.   While addressing the audience, Pradhan said, "Start-ups are the wealth creators, jobs creators, and creators of economic opportunities for the bottom of society." The Union Education Minister envisioned healthcare, textile, agriculture, mines, and minerals as the priority sectors for startups.   A video showcasing the 100 Cubes initiative and the I-Hub Foundation was also screened for the participants. The event also featured an exhibition showcasing 50 startups from Sambalpur, Jharsuguda, Sundargarh, Bargarh, and other districts of Odisha, allowing them to interact with VCs and angel investors.

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