Latest Development - Small Industries Development Bank of India

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Latest Development

S. No.	Title	Date
Shri Manoj Mittal, CMD, SIDBI, along with Shri Satya Prakash Singh, CGM, SIDBI visited the IIT Madras Research Park to engage with innovators and explore deeper collaboration in India’s evolving startup ecosystem aimed at promoting entrepreneurship among students and supporting early-stage ventures. This visit underscores SIDBI’s commitment to fostering innovation and entrepreneurship in India, aligning with its broader mission to support the startup ecosystem. By engaging with premier institutions like IIT Madras, SIDBI aims to enhance its efforts in nurturing innovative startups and facilitating their growth.	2025-04-24
SIDBI participated in the Viksit Odisha 2036 Conclave on April 19, 2025, organized by the Indian Chamber of Commerce in Bhubaneswar. The event witnessed the presence of Shri Prithviraj Harichandan, Hon’ble Minister of Law, Works and Excise, Government of Odisha; Shri Bhatruhari Mahatab, Hon’ble Member of Parliament and Shri M. Nagaraju, Secretary, DFS. Shri Manoj Mittal, CMD, SIDBI, addressed the gathering and highlighted key focus areas for MSME development in Odisha, including strengthening industrial infrastructure, improving market linkages, supporting micro units to scale, leveraging tourism for economic growth, promoting renewable energy, and enhancing the startup ecosystem. The event was also attended by MDs, DMDs and CEOs of leading public sector banks and NABARD.	2025-04-21
The Startup Mahakumbh was inaugurated in the esteemed presence of Shri Jitin Prasada, Hon’ble Minister of State, Ministry of Commerce & Industry and Ministry of Electronics & Information Technology. Shri Manoj Mittal, CMD, SIDBI, delivered the opening plenary, highlighting SIDBI’s crucial role in strengthening startup financing and fostering a robust entrepreneurial ecosystem. The address underscored SIDBI’s proactive engagement with startups through LP-GP meetings, reaffirming its commitment to direct interaction and support. He emphasized that India’s Fund of Funds initiative has significantly transformed early-stage financing, empowering thousands of entrepreneurs across the country.	2025-04-03

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Last Updated: 30-04-2025