Student Schemes

Kerala Startup Mission (KSUM) have been actively initiating various programmes for developing the student entrepreneurship in the state. Government of Kerala declared the 'start up policy' with an aim to accelerate the growth of student entrepreneurs. KSUM being the nodal agency for implementing the Startup policy have come up with various schemes for the effective implementation of the policy. The schemes covers a broad area from schools, colleges and to young entrepreneurs. The policy defines Incubator as Technology Business Incubator recognized either by the Central or State Government while ’Start Up’ as innovation based technology firm registered under the Companies Act and within 3 years of incorporation.

Knowledge/ Skill Enhancement

Future Technologies Lab

Future Technologies Lab is an initiative by Kerala Startup Mission to provide necessary tools, equipment and infrastructure for Research & Development of emerging technologies and serves as platform to introduce it to startups and students. The current key focus areas are: 1. Virtual Reality (VR) and Augmented Reality (AR) 2. Artificial Intelligence (AI) 3. Robotics 4. Brain Computer Interface (BCI)

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FAB LAB programme

The FABLAB programme involves setting up state-of-the-art Fabrication laboratories in the state to encourage startups in printed electronics and other such fields. KSM has associated with Centre for Bits and Atoms, MIT Fab Lab Foundation, USA for this. The fablabs being established in Trivandrum and Ernakulam are identical and mainly comprises of the following inventories.

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Start-up-Leadership Academy and Training Programme

Startup Leadership Academy, envisions the creation of a dynamic learning system in the state. Leadership Academy aims to redefine the pedagogy in the state by moving towards a method of teaching which provides greater impetus to learning through experience. Through the leadership academy students of the state will have the opportunity to directly interact with foremost Subject Matter Experts from...

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Funding

Innovation Grant

Technological changes through innovations and R&D has been the main driving force for increased productivity, economic growth, and social transformation and for reshaping and redefining every sphere of our lives. Hence innovations are being extensively promoted globally. Govt. of Kerala has introduced the Scheme, Innovation Grant
The following types of Innovation Grants are given to encourage innovations:

  • • Idea Grant
  • • Productisation Grant

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Patent Support System

During the budget speech of FY 2015-16, Govt. of Kerala has proposed a new scheme called Patent Support Scheme, in which the means of support are provided to student entrepreneurs who are able to secure a patent

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Evangelization and Promotion

Innovation and Entrepreneurship Development Centre (IEDC)

The Innovation and Entrepreneurship Development Centres (IEDC) are the entities set up in Engineering, Management, Arts & Science Colleges and Polytechnics with an aim to provide an exciting platform for experimentation and innovation. Kerala Startup Mission has set up IEDCs in 193 Institutions across the State which provide avenues for creative students to transform their innovative ideas into viable products and services. IEDCs works as the first launch pad for a student’s entrepreneurial journey and provide them with access to cutting edge technology, world class infrastructure, high quality mentorship, early risk capital and global exposure.

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Exchanges & Global Immersion

International Entrepreneurial Exchange Programme

The International Entrepreneurship Exchange Programme is a combination of schemes aimed at giving the students and young entrepreneurs of the state maximum exposure to the international startup ecosystems and also to foster cooperation between startup ecosystems across the world.
The programme involves taking student/young entrepreneurs to the most advanced/mature startup destinations, such as the Silicon Valley, Menlopark, USA, London,Tokyo, Tel Aviv, etc for an exchange programme where they interact with startups/clients in that ecosystem. This will enhance marketing/funding opportunities for the local startups and also give an international exposure for their products.

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Student Entrepreneurship Policy

Over a lakh of students in both Engineering and non engineering students graduate every year in Kerala. there are a significant number of students who have valuable entrepreneurial ideas which do not germinate and grow to completion, for want of the necessary environment and support. Allowing students both engineering and non-engineering, to start working on innovative ideas even while in universities, colleges and polytechnics, could contribute significantly to the growth a robust entrepreneurial eco-system in the state. Government of Kerala recognises that it is imperative for growth of Kerala to support home grown companies through a specific incentive for student start up companies. TBI aims explicitly at incubating enterprises with high or advanced technology content. A typical TBI provides its clients with a comprehensive range of services, not only the rental space at an affordable price but also a full range of business and specialized services aimed at intensifying technology utilisation. TBIs generally have strict admission and exit criteria and the entrepreneurial firm is expected to graduate from the business incubator in a stipulated amount of time or upon meeting specific growth criteria (revenues, employees), whichever is the earliest. Under the student entrepreneurship initiative, three stages will be recognised in the incubation process. For more details download 'Student Entrepreneurship policy'

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learntocode

Completed Schemes

The Government of Kerala with the intention of enabling students with basic coding skills and equipping them with the required skill set to kindle their innovation and instill the DIY culture into them at a very young age has initiated the farsighted Learn to Code or the Raspberry Pi Programme. The project office of IT@School, under the Department of Information Technology, Government of Kerala is responsible for providing hands on training for the students of Government, aided and unaided schools. IT @ School provides training for select students and faculty at their regional and local centers. The initiative of the Government was to impart technical knowledge from the school level there by creating skill pool of young talents. As Learn to code programme not on gives access to a new world of innovation but also opens up a window of opportunities to pursue their future dreams.

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