New Start-ups in State to get Aid By Govt For the target of 3000 companies by 2020

30 July 2013
Kochi

The Startup Village Kerala Government has launched a scheme to provide seed capital and support early stage investments of new entrepreneurs. The scheme is expected to strengthen the state’s objective under the new IT policy to nurture one product start up a day, with the target of 3000 companies by 2020.

The Startup Village, India’s first telecom business incubator, is located at the park. The new hub will have a built up space of 500,000 square feet with all facilities required for a world class innovation ecosystem.

The Government Student Entrepreneurship Policy giving 20 % attendance and 5% grace marks for student entrepreneurs has taken effect. The Government has also given Rs 15 lakh for Startup Village’s flagship programme SVSquare.

Source – http://economictimes.indiatimes.com/news/emerging-businesses/startups/kerala-government-to-provide-seed-capital-support-for-startups/articleshow/21462413.cms

Found Useful? Do Share: New Start-ups in State to get Aid By Govt For the target of 3000 companies by 2020: