GUWAHATI: Assam Finance Minister Ajanta Neog announced a forward-looking initiative in the Budget for 2024-25 on February 12 which stated the establishment of two new Startup Incubation Hubs in the state.
These hubs will be strategically located at Assam Engineering College in Guwahati and Jorhat Engineering College in Jorhat, with a dedicated fund allocation of ₹5 crore.
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This decision is planned to implement a robust startup ecosystem, providing aspiring entrepreneurs with the necessary infrastructure, mentorship, and resources to transform their innovative ideas into successful ventures.