After the success of the recently concluded 'Emerging Kerala Global Investors' meet, which spelled a bright looking future for the Indian Telecom Industry, Startup Village has now put in its claim to developing the world's largest telecom incubator, where entrepreneurship and innovative technology can be developed through various sponsored projects. This initiative effectively puts Kerala on the world map of technology and student built global products, which were earlier restricted to being a highlight of American corporates only. In order for the innovations to turn to reality, infrastructure will be developed as the 100,000 sqft campus, which is stated to carry an investment of Rs 100 crores for development and functionality. Unlike most projects backed by the government, where project management remains slack, strict deadlines have been dished out regarding the building of the campus; 25,000 sq ft by May 12, 2013, and the remaining 75,000 sq ft by January 12, 2014.
Chief Minister Ooman Chandy who was present at the Investors' meet, spoke about the project and his government's initiative to develop technology innovations within the state through students. He said, "This will make the Startup Village the world’s largest telecom incubator. We will further strengthen the entrepreneurial ecosystem to accelerate this transformation by providing infrastructure in the form of a TIZ (Technology Innovation Zone) in about 10 acres of land in Kochi with an initial investment of Rs. 100 crores."
Lauding the government’s support, Mr. Sanjay Vijayakumar, Chairperson of Governing Board of Startup Village, said it would give a huge fillip to the state for tapping its vast human resource potential. The various waves of computing like personal computer revolution in the 1970s and ’80s saw the emergence of Apple and Microsoft. The Internet revolution spurred the birth of companies like Yahoo and Google. During the social networking revolution, global giant Facebook was born.
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