After the completion of three more projects, Kerala will have startup and incubation space of 5 lakh sq.ft, which will be largest of these type in the world.

Indias biggest startup incubator spread across 18 lakh sq ft inaugurated in KochiImage source: Facebook
Atom Startups Monday, January 14, 2019 - 11:43

Kerala Chief Minister Pinarayi Vijayan on Sunday inaugurated here the country's biggest startup incubator. Housed in a 1.8-lakh square-feet facility, it has incubation setups across a string of segments in modern technology.

The Integrated Startup Complex, set up under the Kerala Startup Mission (KSM), has ultra modern facilities, like "Maker Village" dedicated to promotion of hardware startups, "Bionest" for promoting medical technologies, BRINC which is the country's first international accelerator for hardware startups, BRIC which aids developing solutions for cancer diagnosis and care, and a Centre of Excellence set up by the industry majors.

"Overall, the Kerala government is working for the state to have a total area of 2.3 crore sq.ft of IT space (up from 1.3 crore sq.ft last year). We are also planning to give direct jobs to 2.5 lakh in IT," said Vijayan and added that the government is working to ensure that information technology fosters social development.

After the completion of three more projects, Kerala will have startup and incubation space of 5 lakh sq.ft, which will be largest of these type in the world.

M. Sivasankar, Secretary, IT (Kerala), pointed out: "This has never happened in our country, where it usually takes a couple of years for an incubator to get the whole area occupied. The first three floors of the new complex have been furnished, while the rest of the floors have already got allotted to various startups," said Sivasankar.

In August 2018, Rajasthan inaugurated the Bhamashah Techno Hub in Jhalana Industrial Area of Jaipur, which it claimed, was the country's biggest startup incubator equipped with the modern technology to help around 700 entrepreneurs work under one roof. This followed the Rajasthan government’s i-start, a special scheme in Rajasthan, which helped in providing digital solutions to startups. Over 1,000 startups have been registered under this scheme.

Prior to this, Telangana’s T-Hub was touted as the largest startup incubator in India spread over 70,000 square feet housing over 200 startups. T-Hub too, is currently in the process of building the second phase of T-Hub, which will have a built-up area of 3.60 lakh square feet. The former IT Minister of the state, KT Rama Rao has been quoted as saying that this will probably be the biggest innovation in the world.

With IANS inputs

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