| |SEPTEMBER 20224In Kerala, the state government recently converted a bus belonging to the Kerala State Road Transport Corporation (KSRTC) into a classroom and a place for recreation for students of one of the Government Lower Primary Schools. While it sparked some arguments around KSRTC being run at a loss, it undoubtedly reveals the innovative muscles of the state. Kerala has a growing startup ecosystem in the state. It is no wonder that the state was ranked first in Asia in Affordable Talent in Global Startup Ecosystem Report (GSER) for its vibrant startup ecosystem.Kerala Startup Mission (KSUM), the central agency of the Government of Kerala for entrepreneurship development and incubation activities, is fueling the startup ecosystem significantly. For instance, KSUM recently chose ideas of 14 start-ups in the hardware sector and other innovators from the state for the NIDHI-PRAYAS grant, a flagship initiative of the Department of Science and Technology (DST), Government of India, to foster indigenously developed innovations and products. The 14 applicants, seven innovators and seven start-ups in the hardware sector, who were selected by an expert panel, will get a grant of 85 lakh in total. During 2019-21, Kerala created a startup ecosystem valued at Rs.1,037.05 crore. The Government support and attractive incentives for the early-stage startups helped the ecosystem to flourish in the state. Going forward, the state is set to pursue the same fast track. We can translate this into a sea of opportunities for not only the business leaders in the state but also for aspirant entrepreneurs.Sujith VasudevanManaging Editoreditor@ceoinsightsindia.comA New Breeding Ground of StartupsEditorial Vol 04 · Issue 5 - 1 · September, 2022 Publisher Alok Chaturvedi Managing Editor Sujith Vasudevan Manager - DesignPrabhu Dutta A.R.N RayNoidaRohit Raghubanshi Garima Anandadvertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comTo subscribeVisit www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comMagazine Price is Rs.150 per issue.Editor Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Info Connect Web Technolo-gies India Pvt. Ltd., and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2022 Info Connect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. Design Asokan S V Girish M VP - Sales & Marketing Amrit SinghCirculation Manager Magendran Perumal Editorial Keerthana Kantharaj Sthitaprajnya Panigrahi Roopalatha H Tanuja Akkanavar Shirly Pabisha T
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