PSU PRESS RELEASE
MRPL launches Start Up India portal
Mangaluru: On the auspicious occasion of the Independence day, Shri H Kumar, MD-MRPL launched the Startup India web portal of MRPL to support promising startups. MRPL has launched the start-up initiative to promote promising start-ups with financial support and nurture an eco-system conducive for innovations to be developed as business model. This initiative will support projects / viable business plans which aim to establish innovative technology and business process re-engineering ideas which are sustainable, support employment and protect environment.
Under the scheme, MRPL is committed to support and fund projects in the energy sector that aim to pursue an innovative idea, by promoting the creation of new start-ups / early start-ups leading to commercialization / business development.
Some of the focus area are Automation / robotics in hydrocarbon area, Business process / re-engineering software/ IT related and logistics related development, development of device for cracks / leak detection in pipelines, low cost model for waste to energy, manufacturing of bio fuels, low cost process for desalination of sea water, innovative waste disposal, other open areas related to petroleum refining and alternate energy etc.,
Startup India is a flagship initiative of the Government of India. The initiative aims at fostering entrepreneurship and promoting innovation by creating a healthy ecosystem for the start-ups to prosper and grow. In line with this noble initiative of the Government, the start-up scheme has been launched by Mangalore Refinery and Petrochemicals Ltd.,(MRPL).
Interested entrepreneurs / start-ups can contact http://startup.mrpl.co.in for further details
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