Newmai News Network
Dimapur, Mar 14: Nagaland chief minister, Neiphiu Rio, along with vice chairman, NITI Aayog, Suman Kumar Bery inaugurated the Integrated Business Hub & Innovation Center (IBHIC) at Forest Colony, Dimapur on Wednesday in the presence of Nagaland deputy chief minister, T.R Zeliang, and advisor to C.M and Chairman, Investment & Development Authority of Nagaland (IDAN), Abu Metha.
Neiphiu Rio, in his keynote address said that the new facility will create opportunities and platforms for Naga entrepreneurs, innovators and the youth. He said that he is hopeful and confident that the hub will reflect the energy and ambitions of the youths, who are educated but require motivational skills. He said that “we must embrace innovation, entrepreneurship, and investment and with this vision in mind, the government has conceptualized and brought to life the Integrated Business Hub, a dynamic platform designed to facilitate and support investors, start-ups, and entrepreneurs alike. Rio said that the focus of the initiative is to streamline administrative procedures, promote transparency & provide quick support to investors. Through a single-point coordination strategy, and will aim to simplify processes & create an environment that fosters growth & opportunity for all.
Rio also stated that priority will be given to start-ups, entrepreneurs, and investors who are eager to invest in Nagaland, and said that the government encourages collaborations between local talent and investors to promote innovation and seize untapped opportunities and also create opportunities for retail, food courts, corporate offices, marketing fronts for PSUs and innovative enterprises amongst other verticals.
Rio also said that IDAN and other relevant government departments will ensure a seamless transition to permanent locations for investors and will provide essential support services, including legal assistance, information on local business practices and access to vital resources.
Rio further thanked investors and companies for expressing interest in the vision of Nagaland’s economic growth and urged all stakeholders to join hands in making Nagaland a magnet for investment, innovation, and economic growth.
Dr. Chintan Vaishnav mission director, Atal Innovation Mission (AIM), NITI Aayog, in his short speech said that opening the hub is a giant step for Nagaland and he projects that in three years Nagaland will grow five times in start-ups. He also informed that a single start-up will generate/create five jobs. He also applauded the Naga women and said that 47% of start-ups are led by women. He said that one should focus on skill and entrepreneurship and agriculture output and should be community structured. He said that through the Atal Innovation Mission (AIM) Nagaland will be connected to the whole nation.
Suman Kumar Bery, vice chairman, NITI Aayog, speaking during the inauguration said that NITI Aayog has helped Nagaland in implementing various capacity building programmes.
He said that the Hub would act as a catalyst and create opportunities for innovators, entrepreneurs and youths in Nagaland. He said that the hub will bring sustainable development and hoped that it would focus on training which will enhance technical and job-related skills, making youths more employable.
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