Till now Bangalore was the silicon valley of India, where people who set up their startups and work towards achieving their goal. But lately, another city from Kerala has been catching up in this respect. Yesterday evening, the Startup Village in Kochi has launched a digital incubator for students startups – Start In College, making it the first of its kind in the entire world. This has been the vision of the Kerala Chief Minister Pinarayia and Kris Gopalakrishnan (co-founder of Infosys), who is also the mentor there.
This incubator which took almost a full year to be build has been flooded with applications from not just Kerala but from across the country as well. They have received over 1000 applications for this digital incubator.
The main motive behind this step was to ensure that people from even tier 2 and tier 3 cities get a shot at materializing their dream. It is easier to find mentors and facilities in a metropolitan comparatively. So , with this step, they hope to bridge this gap and level the playing field.
When a team gets selected for the incubator they will be trained and mentored by some of the best people. They will be given assistance right from the beginning where they need to come up with an idea for the project till the point they can launch for early customers. And all of this will be done in a short span of just 6 months. After which these teams will again the opportunity to prove themselves worthy enough to be graduated to accelerators.
Another underlying motive behind this project is to generate employment. Looking at the current scenario there has been an estimated that we would require more than one million new jobs a month in the next 20 years and for this purpose startups seem like a pretty good bet. This is in accordance with the Startup India plan and is set to boost the startup culture that is slowly engulfing the country.