TechnoparkToday.com>>Recommending the replication of Kerala’s Startup Village model in other states in India to boost entrepreneurship, Union Minister for Communication and Information Technology Ravi Shankar Prasad on Sunday said the central government will set up an electronic development fund for start-ups across the country.
“In order to promote entrepreneurship in IT, the central government has come up with the concept of electronic development fund with the government partnering with angel funds to fund startups in IT, electronics and manufacturing,” the Minister said during his visit to the Startup Village in Kalamassery.
Hailing the Modi government’s ‘Digital India’ campaign as a revolutionary plan to bridge the gap between the digital haves and have-nots, Ravi Shankar Prasad said the entire profile of India will change in the next four to five years.
Principal Secretary IT and Industries P H Kurian, Startup Village CEO Pranav Kumar Suresh, Startup Village Chairman Sanjay Vijayakumar were present on the occasion, and briefed the Minister about the activities of the Startup Village and the growing startup ecosystem in Kerala.