The Sunrise Start-up Village, that kick-started its operations on December 15 at Rushikonda for first-generation IT entrepreneurs, has received 148 applications with 15 companies from IT, Telecom, IOT (Internet of Things) and e-commerce sectors currently in the incubation centre
Pranav Kumar, chief operating officer of Startup Village, Kochi, said. that the goal was to create 1,000 start-ups in the next five years.
In order to support the start-up dreams, government is coming up with a student-entrepreneurship policy, which means if you are a student and have started a company, you will get 20 % attendance waiver in university curriculum and four % grace marks.
This will immensely help in creating a cultural and social acceptance to entrepreneurship
Sunrise Start-up Village is being developed to replicate the success story of Kochi.
The role of startup village is to provide a platform to people to try out entrepreneurship.
Kochi has seen 20 incubators opening up in the last one year whereas two and a half years ago ‘ Start-up Village’ was the only one.