Kerala: Industry majors to support IT product start-ups villageJuly 23rd, 2012 - 8:01 pm ICT by IANS
Thiruvananthapuram, July 23 (IANS) Top IT and telecom executives have pledged institutional and technological support to foster next generation telecom and internet start-ups at the Kochi-based Startup Village.
Based at the Kinfra High Tech Park, Kochi, it is the first business incubator in the country on the private-public-partnership (PPP) basis, said a Startup Village press release here Monday.
The Village aims to promote 1,000 telecom-internet product start-ups in the 18-25 age group in ten years.
The pledge for support to budding entrepreneurs was made at a high-profile meet at the IT major Infosys campus in Bangalore.
The meet held Friday at the initiative of Infosys co-chairman and Startup Village chief mentor Kris Gopalakrishnan, was attended by top functionaries of the Indian units of around 30 companies, including Intel, Alcatel-Lucent, KPMG, Capegemini, Blackberry, Nokia, Siemens Networks, IBM and Gemalto.
NASSCOM, CII, enterpreneurship developer The Indus Entrepreneurs (TiE) and the Cellular Operators Association of India are leading industry associations backing the initiative.
H.K. Mittal, head and advisor, National Science and Technology Entrepreneur Development Board (NSTEDB), said the Startup Village, India’s first PPP Incubator, is a keystone in creating the blueprint for the next 1000 incubators in the country.
“The Government of India has been promoting incubation for the last 28 years and this is for the first time that so many leaders have come together,” Mittal told the gathering.
Gopalakrishnan said it was time to think beyond the obvious and take a giant leap forward for building the ecosystem needs of the next generation IT product start-ups from the country.
The meeting assumes significance as India is trying to scale up the incubation ecosystem for generating growth and employment.
Currently, there are around 5,000 incubators in the world, of which 2,000 are in the US and 1,000 in China. India has been able to produce only 65 incubators in the last 28 years and is now looking to leapfrog to having at least 1,000 of these in the country.
The Startup Village, being in the PPP model, is seen by the central government as one of the key pilots for scaling up innovation and entrepreneurship in the country, especially in engineering colleges.
V Balasubramanian, head of R&D;, Nokia Siemens Network, said his company would be rolling out some of its most advanced technology platforms for start-ups to build, break and innovate within a period of two months.
- India's first telecom business incubator in Kerala - Oct 27, 2011
- India's first Startup Village at Kochi - Jan 18, 2012
- BlackBerry makers to set up innovation zone in Kochi - May 30, 2012
- Chandy launches IT incubator - Mar 27, 2012
- Kochi Startup Village to have 2,000 IT firms - Sep 18, 2012
- Startup Village inks pact with Finland's ACE - Sep 07, 2012
- ISBA secretariat at Technopark-TBI - Sep 11, 2012
- Bangalore IT trade fair to focus on innovation - Oct 04, 2011
- Students' ideas ready for incubation in Kerala - Sep 05, 2012
- Indian Angel Network to mentor Kochi start-ups - Aug 31, 2012
- Microsoft to incubate 10 Indian start-ups - May 23, 2012
- Airtel deal with Nokia Siemens for expansion in Africa - Sep 29, 2011
- Nokia Siemens Networks expands capacity - Aug 10, 2011
- Vodafone selects Nokia Siemens and Ericsson for 3G service - Oct 13, 2010
- Karnataka IT industry seeks better infrastructure for rapid growth - Jun 20, 2011
Tags: alcatel lucent, business incubator, cellular operators, chief mentor, generation telecom, giant leap, gopalakrishnan, government of india, indus entrepreneurs, internet product, nasscom, nokia siemens networks, operators association, private public partnership, technological support, technology entrepreneur, telecom executives, telecom internet, village chief, village india