startup village....

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WELCOME TO STARTUP VILLAGE COMPANY -Gnan Champions Presenti ng by

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Transcript of startup village....

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WELCOME TO STARTUP VILLAGE COMPANY

-Gnan Champions

Presenting by

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- Walt Disney

“THE BEST WAY TO GET STARTED TO STOP TALKING AND START

DOING”

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Introduction: In January 2013, Startup Village and the Kerala government

launched an initiative called SVSquare.

Every year, we select promising young entrepreneurs from India and send them on an all-expense paid trip to the U.S.

Our aim is to expose our youngsters to the legendary startup environment in Silicon Valley.

We hold our community gathering on 3rd Saturday of every month. The event is held at our campus in Kochi and we showcase latest products by our startups to prominent entrepreneurs, investors and mentors who visit from all over the country.

We want our students and founders to hobnob with some of the biggest names in India’s business community, learn from the experience of well-known entrepreneurs and connect with investors. Started in July 2013,

 Devlooop is one of our biggest education campaigns. Our aim is to create 1000 professional app developers by the end of this year.

The program is open to college students all over the country. Most recent graduates in India are not job-ready.

We want to give them practical skills and boost their chances of getting a great job.

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Startups:These young entrepreneurs have surprised everyone with their innovative ideas and energy.

Support:Our partners provide a wide array of services to our startups at a heavily discounted rate.

Mentors:Kris Gopalakrishnan, co-founder of Infosys and the most successful IT entrepreneur from Kerala, is the chief mentor at Startup Village. We have many more business leaders as our mentors. Started in July 2013, Devlooop is one of our biggest education campaigns. Our aim is to create 1000 professional app developers by the end of this year. The program is open to college students all over the country. Most recent graduates in India are not job-ready. We want to give them practical skills and boost their chances of getting a great job.

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Tax Exemption Companies in incubators recognised by the The National Science

& Technology Entrepreneurship Development Board of the Department of Science and Technology are eligible for service tax exemption for 3 years and up to 50 lakh of revenue.

Startup Village Angel Fund Our companies are by default selected to make a pitch

presentation to Startup Village Angel Fund. This Angel Fund is backed by some of the biggest names in India's business community.

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Consulting Service by KPMG We provide initial tax support services to

start-ups. Free advice is provided from an Indian tax and regulatory perspective.

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Hosting support by Amazon Web Services Startup bootcamp launched 2014-01-17 Along with the launch of phase III of Technopark,Kerala

government proposes to set up Startup Boot camps in all its educational institutions including colleges and higher secondary schools.Interacting with over 2500 youth over Google Hangout, Chief Minister of Kerala,Sri Oommen Chandy announced that these Boot camps will be set up in all colleges of Kerala within a month.

 

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Legal services from GyanMagnus Our start-ups will get legal tips at a discounted rate.

GyanMagnus Associates is reckoned as the trusted specialist adviser in Corporate Finance, Tax and Corporate Law.

Legal services from Tree of life Associates (TLA) TLA supports start-ups from idea stage to

commercialization on a pre-emptive and proactive basis. TLA offers start-ups free inception advice, discounted fees and deferred gratification.

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THE SUCCESS STORY

OF KERALA STARTUP

VILLAGE

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The idea of Startup Village was conceived in 2008 by Sanjay Vijayakumar and his team (the group also founded MobMe, a start-up in Kerala), students in the College of Engineering, Thiruvananthapuram.

"When we started, we had informed the DST we would incubate 48 companies in five years.

But the response from the student community was immense. The initial project was charted for five years.

Within 12 months, we have fulfilled all our commitments and would submit the project completion report to the government," said Sijo George Kuruvilla, chief executive of Startup Village and co-founder of MobMe.

Startup Village, registered as a not-for-profit organisation, started operations in 2012 and received grants worth Rs 5 crore. Of this, Rs 2.5 crore came from the government, while the private sector accounted for Rs 2.5 crore.

Birth of the village

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S.Gopalakrishnan- co founder

S Gopalakrishnan, co-founder of Infosys and chief mentor of Startup Village, says, "During one of my visits to Technopark in Kerala, I met a team of youngsters who wanted to create a company out of Kerala. They formed MobMe. Today, the same team wants to create an ecosystem for students in Kerala."

The 5,000-sq ft incubation centre in the park has four halls that house 13 companies.

On a wall of the innovation room (one of the halls) is a portrait of Gopalakrishnan, along with an inspirational message for the innovators of tomorrow: "We started Infosys in a room of about this size; it is your turn now."

Startup Village is the first centre in the country and the second in the world to have 1 gigabit-per-second connectivity.

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Infrastructure partner Kerala Industrial Infrastructure Development Corporation is constructing 1,00,000 sq ft of infrastructure space; an additional 20,000 sq ft is ready. For student start-ups, the infrastructure is provided free of cost for a year; for the rest, the fee is Rs 1,000 per seat.Another initiative by the centre, in partnership with the Rajeev Motwani Foundation, is SV Square, which provides start-ups and students from Kerala access to Silicon Valley experience. A Startup Village team has also visited the UK."A start-up from Kerala is now selected for a US-based accelerator programme. With our 'Startup Village to Silicon Valley' programme, we are sending students to the Valley. These are some signs of what we are trying to achieve," says Sanjay Vijayakumar, chief executive of MobMe and chairman of Startup Village.

Ecosystem:

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Image: Sijo Kuruvilla George, CEO, Startup Village (L) and Sanjay Vijayakumar, chairperson, Statup Village.

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Thank you……!