Sambalpur, March 1 -- Union Education and Skill Development Minister Dharmendra Pradhan on Friday inaugurated the I-Hub Foundation, the physical and virtual incubator at the IIM Sambalpur.

Established under Section 8 as a registered company, I-Hub Foundation will play a pivotal role in nurturing and supporting innovative ventures across diverse sectors including textiles,arts & culture, agriculture, healthcare, financial & digital inclusivity, tribal entrepreneurship, and sustainability among others.

Spearheaded by the Ministry of Education, the 100 Cube conclave endeavors to establish 100 startups on its premises, each with an approximate valuation of Rs.100 Crores by Odisha's centennial celebration in 2036.

Speaking on the occasion,Pra...