The country’s first Public Private Partnership (PPP) telecom business incubator – ‘Startup Village’ – will be set up at Kerala Industrial Infrastructure Development Corporation Park in Kalamassery (Kochi).
Startup Village will focus primarily on student start-ups from college campuses and aims to incubate 1,000 product start-ups over 10 years and start the search for a billion-dollar company from a college campus by the turn of this decade.
The agreement on taking 15,000 sq ft space was signed between MobME Chief Executive Officer Sanjay Vijayakumar and Kerala Industrial Infrastructure Development Corporation managing director S. Ramanath.The first phase of the Startup Village is expected to be inaugurated by February this year and the first batch would be inducted by April. [via]
This is also India’s first public-private partnership (PPP) telecom business incubator.
Read: MobMe story (From selling Prepaid SIM cards to Building Telecom Business )