Kerala targeting scaling up of startups

Thiruvananthapuram, Dec 26 (PTI) Targeting the scale upof startups, Kerala Startup Mission (KSUM) is introducing ascheme to accommodate them in...

Thiruvananthapuram, Dec 26 (PTI) Targeting the scale upof startups, Kerala Startup Mission (KSUM) is introducing ascheme to accommodate them in the facilities at Technopark,InfoPark and Technology Innovation Zone in the State.

   The KSUM has earmarked an area of approximately 46,000sqft for the scheme.

   Scale up of startups, which are incubated, are allottedthis space with subsidy, according to Kerala Startup MissionCEO Dr Saji Gopinath.

  The startups applying for the scheme should abide by allstatutory regulations and fall under the Startup Indiadefinition.

Those who have any loans or liabilities with the KSUMhave to settle them to qualify for submitting application, apress release said.

     The facility is open for all startups registered with theportal of the KSUM.

The space will be allotted to startups in scale up stageand the minimum of 500sqft/10 seats will be allotted.

There is preference for the startups that have clearrevenue schemes and substantial funding. PTI UDRC.

This is unedited, unformatted feed from the Press Trust of India wire.

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