Kerala eyes Central funds for startups

Our Bureau Kochi | Updated on August 03, 2014 Published on August 03, 2014

The Kerala Government is hoping to secure a slice of the ₹10,000-crore corpus earmarked for the promotion of startups.

At a panel discussion on how the budget allocation could fuel the growth of startup ecosystem, held at Startup Village here the other day, Industries and IT Secretary PH Kurian said Kerala would soon send a proposal to the Centre.

He said the State had taken a series of pro-active steps to encourage startups. The Startup Village, where two lakh square feet of built-up area would soon be opened, will offer opportunities to nearly 1,000 young entrepreneurs, he said.

Infosys Co-founder Kris Gopalakrishnan, who is the chief mentor of Startup Village, said the village was a unique model that provided the right ambience for youngsters to grow. He said technology as well as the government provided a favourable climate to youngsters willing to start a business.

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Published on August 03, 2014
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