OASME Loan Mela 2025 - Financial Support Event for Startups and MSMEs in Odisha

About LOAN MELA 2025

The Odisha Assembly of Small and Medium Enterprises (OASME), in association with the MSME Department, Government of Odisha, successfully organized the "Loan Mela" for Startups and MSMEs on 19th February 2025 at the Institute of Entrepreneurship Development, Odisha, Bhubaneswar. The event was a great success, witnessing participation from over 1200 Startups, MSMEs, and aspiring entrepreneurs looking to explore funding opportunities for their business ventures.

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Direct access to financial institutions and government schemes

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Dedicated sessions with banks and NBFCs

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Workshops on financial literacy and loan processes

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Impact on Entrepreneurs and MSMEs:

The Loan Mela played a pivotal role in helping entrepreneurs connect directly with banks, understand loan application procedures, and receive expert guidance on financial planning. Several startups and MSMEs secured funding commitments, which will significantly contribute to their business expansion and sustainability.

Collaboration and Key Stakeholders:

The event was organized in collaboration with the MSME Department, Government of Odisha, SIDBI, Startup Odisha, and other key stakeholders in the startup ecosystem. The presence of notable dignitaries added immense value to the event, including:

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Shri Bibhuti Bhushan Dash, IOFS,Special Secretary, MSME Dept.,Govt.of Odisha

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Shri Pradyumna Choudhury, Dy. General Manager, SIDBI

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Shri Gautam Patra, SLBC Head & General Manager, UCO Bank

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Mrs. Anewsa Rout, Secretary, OASME Women Wing

Conclusion

The Loan Mela has successfully strengthened the financial ecosystem for startups and MSMEs in Odisha. The event underscored the commitment of OASME and the Government of Odisha to promote financial inclusion and entrepreneurship. Encouraged by the success of this initiative, OASME aims to continue organizing similar events to further support the startup ecosystem and facilitate access to financial resources for small businesses.