Startup Village is a

not-for-profit A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...

business incubator Business incubator is an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a fullscale range of services starting with management training and office space and ending with venture ca ...

based in

Kochi Kochi (), also known as Cochin ( ) ( the official name until 1996) is a major port city on the Malabar Coast of India bordering the Laccadive Sea, which is a part of the Arabian Sea. It is part of the district of Ernakulam in the state of K ...

Kerala Kerala ( ; ) is a state on the Malabar Coast of India. It was formed on 1 November 1956, following the passage of the States Reorganisation Act, by combining Malayalam-speaking regions of the erstwhile regions of Cochin, Malabar, South ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

, started in April 2012. The organisation aimed to launch 1,000 technology startups over the next ten years and start the search for the next billion-dollar Indian company. It focusses primarily on student startups and telecom innovation. It is India's first incubator that is funded jointly by the public and private sectors. As of October 2013, Startup Village has supported 450 startups through Incubation and Virtual Incubation combined. Businessman

Kris Gopalakrishnan Senapathy "Kris" Gopalakrishnan is an Indian billionaire businessman who is recognized as a global business and technology thought leader for his role in growing the IT services industry worldwide. He co-founded Infosys, where he served as the ...

is the chief mentor at Startup Village. On 1 January 2016,

Kerala Startup Mission Kerala Startup Mission (KSUM, formerly known as Technopark TBI) is the central agency of the Government of Kerala for entrepreneurship development and incubation activities in Kerala, India. KSUM was primarily founded to undertake the planning, ...

took over the physical space of the Startup Village at Hi-Tech Park in Kalamassery.

Administration

Sijo Kuruvilla George was the first chief executive officer of Startup Village until June 2014. Pranav Kumar Suresh, Chief Operating Officer took over from Sijo Kuruvilla George as chief executive officer in July 2014. Kris Gopalakrishnan, co-founder of Infosys was the chief mentor at Startup Village.

Incubation program

Startup Village provides members with workspace, high-speed Internet connection, legal and intellectual property services and access to high-profile investors. Companies can also apply for the Startup Village Angel Fund that has been approved by SEBI. They also have access to all the workshops, networking events and contests at Startup Village. Every month, Startup Village holds a community gathering where would-be entrepreneurs can connect with investors, technology innovators and famous businesspersons. Interested founders can join an open house session that is held every Saturday at Startup Village's Kochi campus to connect with the team and brainstorm with other like-minded people. They can then apply online if they wish to enrol for the incubation program. The Startup Village has set up a similar incubation facility in

Visakhapatnam , image_alt = , image_caption = From top, left to right: Visakhapatnam aerial view, Vizag seaport, Simhachalam Temple, Aerial view of Rushikonda Beach, Beach road, Novotel, Novotel Visakhapatnam, INS Kursura (S20), INS ...

Andhra Pradesh Andhra Pradesh (, abbr. AP) is a state in the south-eastern coastal region of India. It is the seventh-largest state by area covering an area of and tenth-most populous state with 49,386,799 inhabitants. It is bordered by Telangana to the ...

with the name ''Sunrise startup village.'' Data analytics company Unihalt is the first financially sustainable startup mentored by Startup Village.

SVSquare

In January 2013, Startup Village and the Kerala government launched an initiative called SVSquare. Every year, the Startup Village panel would select promising young entrepreneurs from India and send them on an all-expense-paid trip to the U.S. The aim is to expose Indian youth to the legendary startup environment in Silicon Valley. This will also give them a chance to interact with some of the famous tech gurus and entrepreneurs in the world.

References

External links

*{{Official website, https://www.sv.co/
Exciting response to 'Startup Village' in Kerala, says ChairmanStartup Village spurs Kerala's Student Entrepreneurship Policy"Startup Village to help entrepreneurs grow"
''Business Standard''. Business incubators of India Companies based in Kochi Non-profit organisations based in India Indian companies established in 2012 2012 establishments in Kerala