Team Herald
PANJIM: Stating that Technology Startup competition will culminate into new innovations to start new IT Ventures in the State, Chief Minister Laxmikant Parsekar said the Government is aiming to boost IT industry in the State and has been creating necessary infrastructure.
Parsekar was speaking as a chief guest at the prize distribution function organized by EDC in the city. The EDC Ltd had organized “Technology Startup” competition wherein 35 firms participated from which eight were shortlisted as finalists.
Speaking further, Parsekar lauded the work done by EDC in the promotion of self employment through its CMRY scheme. The educated youth who intend to start business ventures have secured loans at lowest rates, become entrepreneurs and living a respected life. Around 6000 beneficiaries have availed the benefit in which EDC has played an important role, he remarked.
MLA and EDC chairman, Siddharth Kunkolienkar said that the Government through EDC has encouraged Goan youth to start their own business by giving loans under CMRY scheme.
Briefing about the Technology Startup competition, EDC vice-chairman Santosh Kenkre, said the competition aimed to encourage the IT educated youth. He said this competition has provided platform to them to showcase their talent. He expressed satisfaction over overwhelming response shown by the participants.
The competition witnessed the participation of 35 participants. Among them, 8 groups were shortlisted and the three finalists who were selected are Inventrom, who bagged the Chief Ministers Award; Kellows Engineering Pvt Ltd and Browtape Technology Ltd stood second and third respectively.
The judges were honoured at the hands of the Chief Minister.
EDC MD Arvind Ghatkar welcomed, EDC GM Carlos D’Sa compered and proposed the vote of thanks.
Dr Gomes, Sandip Bhandari members of EDC Board of Directors, staff, officials and others attended. Earlier, Parsekar inaugurated the newly renovated first floor of EDC.
