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Kerala Start-Up Mission: Fostering Young Entrepreneurs

Kerala Startup Mission (KSUM) is India’s first business and non-academic incubator. It has been in operations since 2007. The government of India, Technopark and the Department of Science and Technology (DST), have together established to help technology business startups, known as Technopark Technology Business Incubator (T-TBI). KSUM is hosted and housed inside the India’s largest technology park in Trivandrum – Technopark.

T-TBI  has so far  given rise to more than 47 successful startup ventures. It presents a vibrant technology environment where young entrepreneurs are encouraged to start their own IT business. The incubator prioritizes innovative technology and entrepreneurship. Very objective of this program is focused on the young innovative minds – promoting an entrepreneurial culture among youths and students. The Kerala government since the liberalization of Indian economy wanted to make this nature gifted state into an entrepreneur hub.

Look at those policies that have helped Kerala Government to achieve their objective:

  1. Startup Bootcamp

 The Kerala government was the first among Indian states to launch a “Student Entrepreneurship Policy” and setting aside a budget of 1% of GSDP (Gross State Domestic Capital). The state government has created this program to build a startup ecosystem in every college campus through active participation of students. Bootcamp is a student focused program that helps students to realize their entrepreneurship spirit in early stage of higher education.

If you are a student studying in Kerala and want to join this program, CLICK HERE  

  1. Learn to Code

In order to catch the young imagination and divert it into innovation and entrepreneurship, Kerala government has recently kick started the program by distributing 2500 Raspberry Pi Kits to selected students. The state government is keen on infusing techno-mind in the early ages in order to enable them for entrepreneurship.

  1. Startup Box

Kerala government has launched this scheme for aspiring entrepreneurs. The startup-box will be distributed in different industry verticals to motivate the young entrepreneurs to innovate and creating new applications for varied platforms. Every year 50 teams will be selected comprising college students selected through Bootcamp. Every Startup Box consists of following gadgets:

  • iPhone6
  • iPad mini
  • MacBook Air
  • Nexus 5
  • Kindle
  • Display Adapter
  • 1 TB Hard disk
  • Arduino Starter Kit
  1. Student Entrepreneurship Policy

Every year more than 1 lakh students graduate in Kerala. Most of them get a job or go to gulf countries, but some of them who have innovative ideas or business ideas that don’t get materialized due to unavailability of support and assistance. Understanding this problem, TBI aims explicitly at incubating enterprises that have high technology content. The incubation centre not only provides affordable rental space but also full range of business and specialized services. Any student from Kerala with promising techno business idea can avail this program.

For more information, CLICK HERE.

  1. International Entrepreneurship Exchange Program

This program provides young entrepreneurs and students an exposure to international startup ecosystems. The program has been launched to foster the state grown startups to become a part of ecosystems around the world. Under this program a startup can visit following megacities known for innovation and entrepreneurship:

  • Silicon Valley
  • Tel Aviv
  • London
  • Toronto

For more information on Kerala Startup mission, visit: startupmission.kerala.gov.in


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