Startup Village continues to impress other States with its entrepreneurial prowess and business model with Uttarakhand being the latest to be awed by the Kalamassery-based telecom incubator.
A high-level official delegation from Uttarakhand visited Startup Village to study the functioning of the incubator and examine the possibility of replicating the model in the hilly northern Indian State.
The delegation comprising R. Rajesh Kumar, Managing Director of the State Industrial Development Corporation of Uttarakhand Limited (SIDCUL) and Additional Secretary, Industries and S.L. Semwal, General Manager, SIDCUL, visited Startup Village and held discussions with its officials on Wednesday.
“I am extremely impressed with the role played by Startup Village in opening up the vast entrepreneurial avenues in the domain of telecom and Internet for the young people of Kerala. The talent and potential of the youngsters here is also remarkable. We will certainly explore the possibility of establishing a similar facility in Uttarakhand,” Mr. Rajesh was quoted as saying in a release. The Andhra Pradesh government had already established an incubator on similar lines in Visakhapatnam. The officials of Chhattisgarh and Madhya Pradesh had also visited the Startup Village in recent times to learn about building a start-up ecosystem.
“The Startup Village is a blueprint that other States want to replicate. We are at least seven years away from getting close to what we would term a world-class ecosystem,” Startup Village Chairman Sanjay Vijayakumar said. The delegation was very much convinced that incubators like Startup Village were the need of the hour, Startup Village CEO Pranav Kumar Suresh said. Startup Village, which has helped incubate 530-plus nascent firms in three years, was recently recognised nationally for its efforts to bring a sea change in Kerala. The incubator is planning to launch a billion-dollar campus start-up in India by 2022.
The Startup Village is a blueprint that other States want to replicate.