Seaside 'village' in India to nurture software start-ups
Startup Village, the first such institution to be jointly funded by the government and private sector, has Gopalakrishnan as its chief promoter and has collaborations with companies such as BlackBerry maker Research in Motion and IBM.
"One, the goal of this initiative is to create new companies and create jobs. Second, this will create new solutions and products," Gopalakrishnan said in an e-mail interview.
He is excited about creating an ecosystem for entrepreneurs in his home-state, Kerala, which is famous for its tropical coastline and backwaters. The Village team says it chose Kerala because costs are lower than New Delhi or Mumbai and it has 150 engineering colleges that can provide start-up enthusiasts.
But for some, Startup Village will not work because it does not provide the right environment for a budding tech start-up.
"What does an entrepreneur need besides money? They need strong support in terms of advice," said Mukund Mohan, who has founded and sold three Silicon Valley start-ups and is CEO-in-residence at the Microsoft Accelerator. The institution helps start-ups in Bangalore, the city most associated with India's software industry that is about 550 km (340 miles) north of Kochi.
"There are not that many entrepreneurs in India, and there are hardly any in Kerala who have the expertise to be able to build, scale and sell
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