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India's first telecom business incubator in Kerala
Friday October 28, 2011 08:50:10 AM,
IANS
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Thiruvananthapuram: India's first telecom business incubator will be set up in Kerala
under Infosys co-founder and Executive Co-chairman Kris
Gopalakrishnan.
The Indian Telecom Innovation Hub will focus primarily on student
start-ups from college campuses and would be modelled on
technology incubators in the Silicon Valley, an official press
release said Thursday.
"With the launch of Telecom Innovation Hub, the aspiring young
entrepreneurs of the state will get an opportunity to work closely
with big companies and create path breaking technologies," said
Kerala Industries and IT Minister P.K. Kunhalikutty.
The National Science and Technology Entrepreneurship Development
Board (NSTEDB) of the central government's Department of Science
and Technology, Technopark and MobME Wireless have joined hands to
set up the hub.
It aims to incubate 1,000 product start-ups over 10 years and
start the search for a billion dollar company from a college
campus by the turn of this decade.
Gopalakrishnan has agreed to be the chief mentor of the hub.
This is one of the first public-private-partnership (PPP)
technology business incubator in the country. Subject to the
availability of land, its most likely location would be Kochi, the
statement added.
"NSTEDB is pleased to support this innovative PPP model," said
NSTEDB Head and Advisor H.K. Mittal.
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(Photo:
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