KSIDC to organise Young Entrepreneurship Summit on Sept 12


Trivandrum: Encouraged by the success of the Young Entrepreneurship Summit (YES) held last year, the State Government is gearing up to conduct the second edition of the summit, YES CAN 2015 on September 12 in Kochi.

Chief Minister, Shri Oommen Chandy unveiled the logo of YES CAN 2015 at a function held at the Secretariat in Thiruvananthapuram. Minister for Industries & IT, Shri P K Kunhalikutty launched the Innovative Idea Contest that is being held as part of the Summit and Jiji Thomson IAS, Chief Secretary, Government of Kerala & Chairman KSIDC, inaugurated the Kerala Startup Mission website. P H Kurian, Principal Secretary (Industries & IT), and Dr. M Beena, Managing Director, KSIDC were also present.

The theme of YES CAN 2015 will be ‘Collaborating and Networking’. The event will target 1,000 to 1,500 serious student entrepreneurs and startups. Participation in the summit would be by invitation only.

The Summit will provide the young and aspiring entrepreneurs in the state the opportunity to meet and exchange ideas with founders of successful start-ups from across the country. It will help them connect with businessmen, venture capitalists and other industry leaders. YES CAN 2015 also aims to interlink startups and connect them to angel investors.

The Summit will also help the young entrepreneurs of the State know more about the facilities provided by the government to promote entrepreneurship. It will also provide a platform for the young entrepreneurs to showcase their ideas.

The innovators desirous of participating in the Innovative Idea Contest can submit their ideas at yeskerala.org. The ideas would be judged by a panel consisting of experts from the industry and also representatives from CII and TiE. The ten best innovative ideas selected by the panel, would be awarded cash prizes. The best innovative idea would be awarded Rs.1 Lakh, while the first runner up and the second runner up would get Rs.50,000 and Rs.30,000 respectively.

Some of the other programmes being planned in the run up to the Summit include the inauguration of the Fab Labs at Thiruvananthapuram and Kochi, distribution of Raspberry Pi kits to the next batch of students and unveiling of the startup policy of the Kerala Technological University.

Kerala IT News