Chief Minister Pinarayi Vijayan on Sunday made a strong pitch for investments in the State’s burgeoning start-up ecosystem at a function organised in the United Arab Emirates on Sunday. Formally launching the first Infinity Centre of the Kerala Startup Mission (KSUM) in Dubai, Mr. Vijayan positioned Kerala as among the fastest growing start-up hubs in the country.
Elaborating on the government’s plans to attain a sustainable start-up ecosystem in the State, Mr. Vijayan stressed on the possibility of bridge funding in the sector. He added that there was immense possibility for start-ups in various avenues including software design, information technology, agriculture and arts.
The Chief Minister added that the start-up revolution unfolding in Kerala had made its start-up ecosystem the best in Asia in terms of affordable talent, according to the Global Startup Ecosystem Report. The assessment had also ranked the State fourth globally. In a sign of their growing global appeal, start-ups in Kerala have received investments to the tune of ₹4,500 crore from across the globe.
