Startup Village, country’s first telecom technology incubator is all set to host ‘BizSpark India Startup Challenge’ held by Microsoft on May 29. This is a regional round of the event and the rest will take place in other cities across India. The main motive of this event is to find out entrepreneurs with innovative ideas in cloud computing, mobile applications and Windows 8 business applications. This is the first time that Kochi has been selected as one of 10 cities to host the challenge, said an organiser. It is a proud news for Kochites for sure!
The selected winners of the regional rounds will be able to go for the national grand finale that will be held in Bangalore. The most exciting part of this competition is that it offers cash awards totalling $70,000 and non-cash prizes worth $2 million. This means if you have something innovative in your hand then you will go back home with a great deal of money.
“Microsoft’s choice of Startup Village as the host for the challenge is not just an acknowledgement of the tremendous strides we have made over the past one year, it also heralds the arrival of Kochi on India’s entrepreneurial map,” said Sijo Kuruvilla George, CEO of Startup Village.
The Microsoft BizSpark India Startup Challenge 2013 is open to people who are 18 years or older, citizens or legal residents in India, and are a part of BizSpark Community.
Startup Village is India’s first Public Private Partnership model Technology Business Incubator. The promoters of Startup Village are Department of Science and Technology, Government of India, Technopark Trivandrum and MobME Wireless.
Startup Village in Kochi to engage student developers converge and brainstorm app ideas to solve real world problems.
Startup Village 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 turn of this decade. Startup Village will create an ecosystem and provide a platform for start-ups to create breakthrough technologies for the global telecommunications industry.
Startup Village will focus primarily on student startups from college campuses and provides financial assistance for young entrepreneurs. This organization was launched on November 17 by Kerala Chief Minister Shri Oommen Chandy,aiming to produce world-class startups from Indian soil. Startup Village Chairman Sanjay Vijayakumar stated that the facility is working towards developing a tech-ecosystem thus realizing the dream of a Silicon Coast in India, that’ll be at par with Silicon Valley.