In order to promote entrepreneurial culture among the youth of Kerala, the state government has come up with a first-of-its-kind initiative called the Kerala Startup Bootcamp. The initiative was inaugurated on 21st August, the eve of World Entrepreneurship, at TKM College of Engineering.
The startup Bootcamps will work towards creating a grassroot level student network in order to encourage entrepreneurship and making the students aware about the process of running a successful company. The college will aim to instill positive encouragement among the students through this initiative regarding becoming job creators and innovators rather than the lot seeking jobs and opportunities. The government wants to give flight to the wings of the people with entrepreneurial skills through this initiative.
Oommen Chandy, Chief Minister of Kerala addressed the students via a video link at the launch and said, “I am happy that Kerala’s youth are taking up the responsibility of building an entrepreneurial society to create more employment, knowledge and wealth for our people”. He further congratulated the college authorities and students on the successful setting up of the first Bootcamp and even offered government’s full support for its functioning. For 2014, the state government has already earmarked Rs. 4 Crore for the Startup Bootcamp programme.
After the successful launch of the Startup Bootcamp programme, Startup Village Chairman Sanjay Vijayakumar said “The Startup Bootcamps will help students give shape to their dreams and improve industry exposure”. He further added that more such initiatives would be set up in the state’s institutions and engineering colleges in light of the upcoming September 12 Youth Entrepreneurship Summit.
The colleges can set up Entrepreneurship Development Cells (EDC) under this initiative by the Kerala government. These EDC established by the college would function as not for profit societies and will be managed and run entirely by the students, which is similar to functioning of societies at Harvard or Stanford Universities.
Sharing his views on the inauguration, Prof S Parameshwaran, HOD, Department of Mechanical Engineering of the college said “Ethics, values, and the ability to overcome failures are the biggest virtues for student entrepreneurs”. He also encouraged the students to contribute to the growth of the country by taking up entrepreneurship and creating more opportunities and jobs.