Startup Village spurs Kerala’s Student Entrepreneurship Policy

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Kochi: Startup Village’s milestone achievement of securing 1,000 applications in 15 months took on added shine on Independence Day this year as the State government announced the rollout of its flagship Student Entrepreneurship Policy to schools in the second phase.

Chief Minister Shri Oommen Chandy in his Independence Day speech cited the example of Startup Village, India’s first telecom technology business incubator, as a testament to the success of the policy which was announced by the State government at the Emerging Kerala Global Connect in September last year and offered a number of incentives for college students wanting to set up business start-ups.

In its second phase, the Student Entrepreneurship Policy, which is designed to encourage innovations by youngsters, will be extended to school-going students. Around 10,000 bright school students from classes VIII to XII will be chosen through an online examination and provided computers and other learning material to improve their technology skills as part of the new project. He declared that September 12, the anniversary of the Emerging Kerala meet, will be celebrated in the State as Entrepreneurship Day.

The State government is also launching a new project that offers one hundred teams of five college students each a Startup Tool Box, which will have high-end computers, smartphones and other technology items required to create a start-up company.

“Startup Village in Kalamassery has got more than 1,000 project proposals with novel ideas and concepts in just 15 months. This and the fact that Kerala today has 125 functional start-ups shows how widely the government’s policies have been embraced within the student community,” CM said. Startup Village’s milestone was reached in exactly 479 days since the setting up of the incubator on April 11, 2012.

“Young people in India today have access to education on a par with global standards. This is the resource pool that is going to create knowledge, employment and wealth for the society and the nation in the future. We see this raw, creative energy at work in places like Startup Village. A charged, vibrant ecosystem like Startup Village will be a catalyst for change and it will put Kerala on the global stage,” Kris Gopalakrishnan, Chief Mentor of Startup Village.

Kerala IT News

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