Patna: The state industries department has tied up with the Indian Institute of Technology, Patna (IIT-Patna) to set up the second business-hub—a shared office space for startups—in the office premises of the Bihar State Financial Corporation (BSFC) on Frazer road, Patna. It will have seating capacity of around 250 personnel in shared office space form.
This will be 2nd B-hub being set up by the industries department to strengthen the startups ecosystem in the state. The first B-hub was opened at Maurya Complex on 13,800 square feet area. The Maurya Complex-based B-hub, which was inaugurated by Bihar chief minister Nitish Kumar in March, has the seating capacity of around 200 people. It is being managed by the Chandragupta Institute of Management Patna (CIMP).
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The industries department and Bihar startup fund, which is spearheading a campaign to strengthen the startups ecosystem, have entrusted the responsibility of running this second B-bub to the Incubation Center of IIT-Patna. A memorandum of understanding (MoU) to this effect was signed by Pankaj Dixit, director, industries, and TN Singh, director, IIT-Patna on Saturday.
Development commissioner Vivek Kumar Singh, additional chief secretary, industries department, Sandeep Poundrik, additional chief secretary, planning and development department, Arunish Chawla and additional chief secretary, information technology department, Santosh Kumar Mall were present on the occasion.
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Development commissioner Vivek Kumar Singh said that B-hub has a special role in strengthening the startup ecosystem in the entire state. “Bihar is the leading state in the country in terms of emerging startup ecosystem. The startup system will be further strengthened with the opening of a new co-working space with modern facilities for startup entrepreneurs,” added the development commissioner.