Kochi: Throwing open a world of opportunities for young entrepreneurs, the Mayor of the influential US city of Menlo Park said up to 100 technology startups from Kerala could be given a chance to travel to the Silicon Valley to learn about the nuances of building a billion dollar tech company.
Catherine Carlton, who is leading a three-member delegation on a six-day visit to Kerala, toured the Startup Village incubator and interacted with the officials and young entrepreneurs here.
“We are extremely impressed by the talent of the youngsters here as well as by the kind of support that the government is extending. We will be very pleased to welcome selected start-ups, possibly 100 companies this year, to Silicon Valley and provide them an opportunity to expand and grow their business there”, Ms Carlton said. “We can also extend support in identifying potential markets in the US.”
The delegation included Menlo Park City Council Member, Ray Mueller and Bootup Ventures Managing Partner, Mukul Agarwal. The team is on a six-day tour to Kerala ahead of the signing of a historic twin city agreement between Kochi and Menlo Park, a city in California which is home to a number of technology giants including Facebook.
“Kerala has got abundant talent and huge potential for growth. One of the objectives of the twin city agreement is to promote sharing of talent and ideas in the technology sector, thus boosting employment opportunities in both the countries”, she added.
A Memorandum of Understanding with regard to the sister-city agreement will be signed between Ms Carlton and Kochi Mayor Tony Chammany in Thiruvananthapuram on February 11. It will be the first such agreement between an Indian city and Menlo Park, an affluent city at the heart of the Silicon Valley, also known as the ‘Capital for Venture Capital’.
“Through this collaboration, Kochi will be able to get to the global stage and emerge as a key player in the telecom-technology sector. We aim to boost Landing Pad, a project supported by the Kerala Government at the Silicon Valley, through this new tie-up”, said Startup Village Chairman, Sanjay Vijayakumar.
Kerala IT News