Hotline: 1800 102 2007
X
Search Business Opportunities
2014-04-11

Startup Village receives 527 applications in March

City-based incubator Startup Village received a record 527 applications in March from young entrepreneurs keen to set up technology businesses.

City-based incubator Startup Village received a record 527 applications in March from young entrepreneurs keen to set up technology businesses.

 

The near doubling of the number of applications over one month comes as the mobile-Internet technology business incubator - set up under public-private partnership mode with strong support from the central and state governments - gears up to mark its second anniversary this month.

 

In February, 286 would-be entrepreneurs expressed interest in signing up with the incubation programme at Startup Village --a milestone easily surpassed in March, a press release said. 

 

Startup Village Chairman Sanjay Vijayakumar said the surge in the number of applicants was reflective of a socio-cultural change taking place in Kerala, as young people become more willing to take risks and chase their dreams and build a new world with new products that drive the future of humanity.

 

The Startup Village has helped reinforce the idea that it was all right to take risks to bring an idea to life and to create an ecosystem where failure is seen a prerequisite to learning, he said.

 

The total number of applications at Startup Village touched 2,269 by March 31. The incubator currently supports 600 Start-ups, out of which 216 have been started by students.

 

Thirty-four of the supported companies are physically incubated at the Village's campus at Kinfra Park in Kalamassery.

 

The success stories of companies nurtured by incubators such as Startup Village and Technopark TBI have played a key role in driving the entrepreneurship movement in Kerala. And the state government has actively promoted it, particularly through policy frameworks and infrastructure support. 

 

When Startup Village was set up in 2012, its Chief Mentor Kris Gopalakrishnan, the Executive Vice Chairman Infosys, predicted that the incubator will change the industrial climate in Kerala.

 

"I believe that Kris, with his visionary foresight, was right in calling Startup Village a game-changer," Startup Village CEO Sijo Kuruvilla George said.

 

"With the ecosystem we have here currently and our plans for the future, we hope to achieve our goal of becoming one among the top five destinations in the world to create a Startup," he said.

Related opportunities
  • Sports & Gaming
    About Us    Fitokids was established in the year 2016 as a..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Degree/Diploma Colleges
    About Us: Instituto Hispania was incepted to remove language barriers, promote..
    Locations looking for expansion Delhi
    Establishment year 1997
    Franchising Launch Date 2009
    Investment size Rs. 30lac - 50lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us: The One And Only "MOC The American Restaurant" A perfect..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Security Services
    About Us: A GPS tracking unit is a device that uses..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 50 K - 2lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts