Nasscom to open its new business incubator-cum-accelerator in Kochi

By: | Published: September 13, 2015 12:00 AM

The National Association of Software and Services Companies (Nasscom) inaugurated a start-up warehouse in Kochi on Saturday to further accelerate its effort to reach out to maximum number of entrepreneurs.

The National Association of Software and Services Companies (Nasscom) inaugurated a start-up warehouse in Kochi on Saturday to further accelerate its effort to reach out to maximum number of entrepreneurs. The start-up warehouse has been launched in support with the Kerala goverment to build entrepreneurial capabilities in Kerala, create a vibrant community to connect investors, mentors and start-up entrepreneurs, and building tech-entrepreneurship as a preferred career option. The warehouse will be managed by Nasscom’s 10,000 start-ups programme.

“In 2013, the Nasscom 10,000 startups launched its first start-up warehouse in Bengaluru followed by its second warehouse in Kolkata. It further announced a start-up warehouse each in Navi Mumbai and Pune. Since the inception of start-up warehouses, 76 start-ups have got incubated so far both from Bengaluru and Kolkata, from which 20 % start-ups got funded and 10% got acquired,” Nasscom sources said.

The 10,000 start-ups programme has initiated start-up warehouses across different states to create a micro-ecosystem where many start-ups and entrepreneurs can work together and share their experiences with each other.

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