Kerala's technology business incubator to get a bigger platform

New Delhi / Kochi, Dec 22: Kerala's start-up initiative is all set to expand and be a model for rest of the India.

Union Minister for Micro, Small & Medium Enterprises (MSME) Kalraj Mishra, who visited India's first PPP model technology business incubator in Kalamassery, near Cochin, in Kerala on Sunday hailed the concept and expressed interest in taking the idea to a national platform.

The minister promised all possible support to the startup village and agreed to apprise prime minister Narendra Modi of the need for more seed funding for the effective functioning of the incubator.

The Minister congratulated the startup village team for building such a robust ecosystem for budding entrepreneurs. Walking around the village, the minister examined various projects by young entrepreneurs.

"I will speak to the PM and others and see what we can do to support the incubator, which is doing an impressive job in bringing out innovative ideas and promoting young entrepreneurs," the minister said.

Mishra, who is a Member of Parliament from the Deoria constituency of Uttar Pradesh, noted that he would like to have a similar facility for youths in his home state too.

"We will seek centre's support for the expansion of Startup Village," said PH Kurian, Principal Secretary, IT and Industries. "In fact the state government is planning to allocate Rs 75 crore in the upcoming budget for expansion of the facility," he added.

Oneindia News