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Thiruvananthapuram: Kerala Chief Minister Oommen Chandy Tuesday said that in three
years, 2,000 IT firms will be incubated at the Startup Village in
Kochi, which has already opened.
Startup Village is India's first public private partnership model
technology business incubator.
The promoters of Startup Village are Department of Science and
Technology, Government of India, Technopark and MobME Wireless.
"They had approached us at the Emerging Kerala meet and requested
one lakh square feet of built-up space. We decided to give then
25,000 sq ft in the first phase by May 13 next year and the rest
75,000 sq ft by January 2014. In three years there would be 2,000
IT firms that would be incubated there," said Chandy.
He added that this is a programme where fresh engineering
graduates of engineering colleges or students can come up with
bright ideas to make it a commercial venture.
"Kris Gopalakrishnan, co-founder and co-chairman of Infosys, is
part of the people behind the Startup Village. Our aim is to turn
bright young engineering professional into job creators, not job
seekers," said Chandy.
The Village is equipped with 4G network, telecom labs, innovation
zones, legal and intellectual property services, fully furnished
offices and video conference rooms.
The Village provides a slew of incentives, such as a three-year
service tax holiday and funding opportunities for tech start-ups.
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