Kerala Startup Mission
 |
|
| Industry | Technology Business Incubator |
|---|---|
| Founded | 2006 |
| Headquarters | Thiruvananthapuram, India |
|
Key people
|
Dr. Jayasankar Prasad C (Chief Executive Officer) |
| Website | www |
Kerala Startup Mission (KSUM) formerly known as ‘Technopark Technology Business Incubator’ , is India's first and successful Non Academic Business Incubator, hosted and housed inside Asia's Largest IT Park Technopark. Technopark Technology Business Incubator (T-TBI), a joint association of Technopark, Thiruvananthapuram and the Department of Science and Technology (DST), Government of India, to help the technology business start-ups, started operation during 2007. KSUM functions with a vision to support and nurture the startups in the state of Kerala. It also is the first non-academic business incubator. Since launching in 2006, KSUM has incubated more than 200+ of India's most promising startups.
Kerala Startup Mission have been actively initiating various programmes for developing the student entrepreneurship in the state. Government of Kerala declared the start up policy with an aim to accelerate the growth of student entrepreneurs. KSUM being the nodal agency for implementing the Startup policy have come up with various schemes for the effective implementation of the policy. The schemes covers a broad area from schools, colleges and to young entrepreneurs.
KSUM provide entrepreneurs all the support to make technology based business ventures successful. The innovative and productive environment of KSUM provides entrepreneurs the right ambiance to build up technology ventures at international standards. KSUM is restricted to high tech startups with technology products and innovations with in a limited time frame that literraly makes the entrepreneur to seriously work on his product idea and boost him to come up with a ‘Market viable prototype.
The incubations stages are
Preincubation stage mainly focuses on ideation stage, where technologist having a potential innovative idea can be provided with a co-working space. During this period, the entrepreneur takes up the role of a ‘techno-evangelist’ who develops the idea to into a proof of concept and prepares him for understanding the technical feasibility of the idea proposed. Sometimes, a number of potential innovations or startup teams may come out of this co-working eco system. KSUM will be supporting the startups by mentoring or by creating right platform for networking. Once a marketable technology/product idea evolved, a company can be formed and KSUM can look at for Incubation Stage. KSUM shall assist the innovator in getting grants from DST/DSIR for the ventures.
Incubation stage will be 6–12 months where startup companies graft product development and prepare themselves for marketing. During this stage, the entrepreneur takes up the role of a ‘Technopreneur’, who brings all his efforts (such as technology, team, seed money) to build a market viable prototype (MVP’s). KSUM at this stage will allot them specific seats/modules along with funds or grants as applicable under department scheme and right mentorship. KSUM can also offer a wide array of value added services like entrepreneur trainings and workshops, skill development programmes, leadership programmes, R&D facilities, International tie ups etc. to speed up the incubation cycle. The incubation stage enables the entrepreneur to be ready with an ‘innovative technology’ in the form of marketable product that can primarily drive the market, and which is easy to pitch before an investor/VC in future.
...
Wikipedia