Taking a cue from the resounding success of the 바카라Year of Enterprises바카라 initiative in 2022-23, the government will launch the 바카라Year of Investment바카라 initiative in 2025 focusing on ventures that harness the state바카라s highly-skilled human resources and startup ecosystem,Minister for Industries, Law and Coir Shri P Rajeeve said today.
Kerala To Launch 바카라Year Of Investments바카라 After Investment Summit: Minister Rajeeve
Startup Conclave held as a precursor to Invest Kerala Global Summit 2025
The 바카라Year of Investments바카라 initiative will be launched after the 바카라Invest Kerala Global Summit바카라 (IKGS 2025), planned in Kochi on February 21 to 22, the Minister said at the Startup Conclave, organised jointly by the Kerala State Industrial Development Corporation (KSIDC) and Kerala Startup Mission (KSUM) here as a precursor to the IKGS 2025.
The Government declared 2022-23 as Year of Enterprises, setting a target of creating at least one lakh new enterprises and 3 to 4 lakh jobs. The initiative, launched by the Department of Industries & Commerce (DI&C) with the co-operation of Local Self Governments (LSGs), Co-operation, Fisheries and Animal Husbandry departments, yielded impressive returns.
바카라Kerala has become an investment-friendly state with an efficient ecosystem of skilled labour. Through IKGS 2025, we want investors to leverage this potential of the state,바카라 he said.
The Minster said that a loan scheme will be considered for those startups that need more funds against their supply orders.
In his presentation on the startup ecosystem, Dr Rathan U Kelkar, Secretary, Electronics & IT, Govt. of Kerala, said the proposed Emerging Technology Hub (ETH) is envisioned as an end-to-end ecosystem for promoting and supporting innovation in chosen sectors and emerging technologies.
Dr Kelkar said the focus sectors in the ETH will be space tech, agritech, energy, healthtech and Animation, Visual Effects, Gaming, Comics and Extended Reality (AVGC-XR).
Shri S Harikishore, Managing Director, Kerala State Industrial Development Corporation (KSDIC), in a presentation on the 바카라Invest Kerala Global Summit바카라, pointed out the objectives of the Startup Conclave was to highlight govt policies and support for startups.
Noting that around 200 startups will be invited to the 바카라Invest Kerala Global Summit,바카라 Shri Harikishore said KSIDC enables startups with funding for scaling up, mentorship, and expansion opportunities.
바카라KSIDC gathers feedback to strengthen the startup ecosystem and foster collaborations among startups and stakeholders. The scaling up support for startups will be by way of redeemable cumulative preference share capital investment, ranging from Rs one crore and up to Rs five crore,바카라 he said.
Shri Anoop Ambika, CEO, KSUM, welcomed the gathering. Shri Santhosh Koshy Thomas, Managing Director, KINFRA, offered felicitations.
A panel discussion on 바카라Opportunities and Way Forward in Startups바카라 held during the conclave, in which Shri SandithThandasherry, CEO, NavAlt Solar and Electric Boats; Dr Lini Alexander, CEO, Bylin Medtech; Shri Devan Chandrasekharan, Founder and MD, Fuselage Innovations; and Shri Mohammed Jamsheer, MD, Green Worms Waste Management, were the panellists. Shri Hari Krishnan R, Executive Director, KSIDC, was the moderator.
In another session on 바카라Opportunities for Startups,바카라 Shri Satyajeet Rajan, former Additional CEO, KIIFB and Shri Premnath Ravindranath, Executive Director, KFC, spoke.
Minister for Industries, Law and Coir Shri P Rajeeve speaking at the Startup Conclave, organised jointly by the Kerala State Industrial Development Corporation (KSIDC) and Kerala Startup Mission (KSUM) in Thiruvananthapuram on Wednesday.
The conclave was part of a series of events the government has been holding in the build-up to IKGS 2025, which will showcase and focus on 22 priority areas that the government has identified in its New Industrial Policy. KSIDC had hosted road-shows in Mumbai, Chennai, New Delhi and Bengaluru, while a similar roadshow is also planned in Dubai.
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