State government plays great role in creating start-up culture: Startup Mission CEO
Kochi: As creation of start-up culture being government’s duty, the state government has taken several steps in association with other stakeholders for promoting the same, said Dr. Saji Gopinath, CEO, Kerala Startup Mission. He was participating in a panel discussion held as part of Global Startup EcoSystem 2.0/ InQ SparQ-off, an innovation conclave organized by InQ Innovation, a first of its kind global innovation system in Kochi.
In a bid to create start-up culture, students are given lots of opportunities to start experimenting. At the college level, entrepreneurship development programme has started in 192 colleges. “The state liberally provides support to great ideas and we have created large labs in association with reputed institutes like Massachusetts Institute of Technology, which has its largest network outside the US in India. The state government has been providing required infrastructure to the start-ups,” said Dr. Saji Gopinath. He added that when a start-up comes out with a product, the government also accelerates them. The government also supports social innovations.
Speaking on the occasion, Varadarajan Krish of 100 Open Startups, said that challenge for big companies is to innovate at cheaper lost and start-ups can play role on the same. Big companies and institutions in turn can provide their domain experts to the products, he added.
Scott O Brien, Founder, Humense Inc., said augmented reality (AR) is the most happening tech niche and opens up innumerable opportunities in communication, entertainment, healthcare, and every conceivable industry. InQ aims to facilitate AR technology experts to connect with industries, startup initiates as well as local development teams, consultants and educational institutions. “Offering substantial employment opportunities, AR requires trained and skilled people and InQ can mediate to connect students with opportunities to intern at AR development organizations. Rapid developments in AR opens up employment opportunities for skilled AR experts, wearable computing equipment technologists, digital and interactive media professionals and students wanting to understand more or enter the fast growing industry,” he said.
Meanwhile, Vinod Subramaniam, serial entrepreneur and Co-founder, InQ Innovations, said that scaling is the most important challenge faced by start-ups and entrepreneurs in India.
As part of the innovation conclave, some of the early start-ups and early stage companies, including Fablecart, Dhaarana and Paschim Biospace from Kerala; GAR from Karnataka and Wave Design, SiA Planner and Humense from Australia were showcased.
Speakers and panelists included Anil Chikkara, Startup Guru and Serial Entrepreneur; Lakshmi Narayanan, Entrepreneur and Startup Enthusiast; Ravi Chandran , President and CEO Aptus Enterprises and Angel Investor; N. R. Panicker, Chairman, Accel Frontline; Dr. Siva Muthaly, Dean, Asia Pac University of Technology and Innovation (Malaysia), Rajesh Nair, Principal EY and President TIE Kerala; Roshen Paul, Australian Trade Commission; Anand Kumar, House of Genius India and Harish K. E., Early Education Thought Leader and CEO, Sathbhavana Schools, were also present on the occasion.