Strategy to make kerala start-up capital- MInister

Thursday, Jul 24, 2014,20:16 IST By metrovaartha A A A

Kerala Industries Minister P K Kunhalikutty today  informed that the government had  dished out a multi-pronged strategy to make Kerala the start-up capital of the country.    Inaugurating the ‘NextGen Conclave organized by the Confederation of Indian Industry here, he said the state government  had been undertaking many progressive initiatives during the last three years to inculcate the spirit of innovation and entrepreneurship in the minds of the youths.
Stating that the launch of the first start-up village in March 2012 was a catalyst to create a product start-up ecosystem in the state, he said ‘today, there are about 1,400 product start-ups in the village, the highest for any incubator in the country.  The momentum is clearly shifting to Kerala to become the start-up capital of the country.’
Steps were afoot to expand and evolve the start-up village into a multi-nodal innovation, incubation and business eco-system centre, Mr Kunhalikutty said adding that ‘the government has also proposed to set up ten more incubators dedicated to sectors such as agriculture, animal husbandry, dairy, fisheries, electronics, medical electronics etc soon.’