Trivandrum: The Government of Kerala has been taking consistent initiatives in promoting Kerala as the most vibrant, entrepreneurial State. As part of this mission, YES – the Young Entrepreneurs Summit to be held on September 12, 2014 in Kochi, to commemorate the Kerala Entrepreneurship Day, forms part of this mission.
YES is being organized by the Kerala Government and the Kerala State Industrial Development Corporation (KSIDC), a premier industrial and investment promotion agency of the State government under the aegis of Department of Industries.
As a prelude to the Summit and to create awareness among college students about the opportunities awaiting for them as entrepreneurs, KSIDC has organized YES vans to visit professional colleges across Kerala to promote the concept of the Young Entrepreneurs Summit and also the benefits for the student community out of it.
Minister for Industries & IT, Shri P K Kunhalikutty today flagged off the event from the Secretariat in Thiruvananthapuram. To begin with, the vans will visit colleges in the capital city. It is proposed to cover at least 70 colleges across the State.
YES is aimed at fostering the growth of entrepreneurship in young minds and at creating an enabling environment for start highlights in the State across all sectors. The event will showcase the existing facilities and support services available to prospective young entrepreneurs to realize their business dreams. YES will also highlight the combined initiatives of agencies like KSIDC, KFC, TBI, Technopark, Infopark, and KINFRA in creating a holistic ecosystem conducive for young entrepreneurs.
In order to catalyze and support YES, KSIDC proposes to launch an Angel Fund which will provide the initial seed capital for the startups. The State Government will try and motivate the successful entrepreneurial community in the State to turn angel investors to support the next generation young entrepreneurs.
Over and above this financial incentive, KSIDC, propose to provide value added services like mentoring and hand holding to new entrepreneurs along with advisory services & market linkages in association with other industry bodies like TiE, CII, and TBI etc.
Around 2,000 participants including students from over 100 colleges, representatives from industries and trade are expected to attend the meet.
Kerala IT News