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Date Created: 12/21/15
Startup Village Blog Startup Companies Entrepreneurship Development Business Incubators About us Startup Village aims to incubate 1000 product start ups over 10 years and start the search for a billion dollar company from a college campus by turn of this decade Startup Village will create an ecosystem and provide a platform for start ups to create breakthrough technologies for the global telecommunications industry Startup Village will focus primarily on student startups from college campuses Startup Village in a WP initiative bemeen i39 Department of Science and Teehneleg39y39 Emit ef Indie Startup Village is India39s first Public Private Partnership model Technology Business Incubator The promoters of Startup Village are Department of Science and Technology Government of India Technopark Trivandrum and MobME Wireless Kris Co Founder and Co Chairman of Infosys and the most successful IT Entrepreneur from Kerala is the Chief Mentor for Startup Village Incentives From the first day we began operations in April 2012 Startup Village has received an average of 8 10 applications daily Our present count of applications exceeds 400 and is still growing Startup Village offers regular and virtual incubation with regular incubates being situated at our Cochin campus while virtual incubates can use the address of Startup Village for business communications In addition to availing the use of Startup Village s address virtual incubates can also avail of the following incentives TAX EXEMPTIONAPPROXIMATE VALUE itpr rtmeni er Seatnee n rl Tegflmul eggr Gwenunmet ei ln ie Incubatee companies in incubators recognized by the NSTEDB of DST are eligible for service taX exemption for 3 years and upto 50L of revenues Rs 1500000 FUNDINGAPPROXIMATE VALUE quot1 Sta 39ilf39tulp Villa 9 nms LFumu Incubatee companies are by default selected to make a pitch presentation to Startup Village Angel Fund This Angel Fund is backed by the broadest community of entrepreneurs and an investment from this broad group of HNI39s extends their vested interest in the success of your company Rs 1000000 CONSULTINGAPPROXIMATE VALUE Initial taX support services to new units high level consulting advice on a no fee basis from an Indian taX and regulatory perspective Need based on call taX and regulatory advisory compliance and litigation services at a heavily discounted blended hourly rate of Rs2000 hour Rs 200000 IP STRATEGYAPPROXIMATE VALUE IP Services could be availed at a heavily discounted rate Two hours of personal consultation to every startup individually by the founder Dilip himself on IPR Innovation and licensing Rs 150000 HOSTINGAPPROXIMATE VALUE retails in use net Every Startup Village company gets massive discount credits on hosting services and fanatical support and knowledge sharing INFRASTRUCTUREAPPROXIMATE VALUE Hn ra I iill li l i li KINFRA offers office space for Startup Village companies at a heavily subsidized rate of 1000 INR seat month Rs 300000 FUNDINGAPPROXIMATE VALUE Eiu i g r l39 39 flit a Startup Village companies receive priority technical support from MobME Engineering amp Research team Priceless BHARAT EXHIBITIONAPPROXIMATE VALUE k1i LII rd lms 5 quotI Bharat Exhibition will be offering 10 passes for each of their events to Startup Village entrepreneurs Normally these passes cost 50001NR 100001NR The passes will be awarded on a first come first serve basis Rs 100000 GYANMAGNUS ASSOCIATESAPPROXIMATE VALUE EVAN US til fl FLTlFfi GyanMagnus Associates GMA is reckoned as the trusted specialist adviser in Corporate Finance TaX and Corporate Law FASTALERTSAPPROXIMATE VALUE The Incubatee companies would get a session on Fastalerts and would be assigned a trial account with 300 free credits to start with Post availing the services offered the companies would get Messaging solutions from Fastalerts at heavily discounted rates Real time technical and customer support too guaranteed TLAAPPROXIMATE VALUE ETIEIE39 5F LEE l39 i l rl ll 1155 H hail anks TLA is a full service law firm that offers the breadth of full service and the depth of boutique capabilities especially in the areas of Technology Outsourcing Employment and transactional IP These boutique capabilities have been synthesised into a cutting edge focused and domain specific legal practice that addresses the unique needs of Start Ups TLA supports Start Ups from idea germination to commercialization on a pre emptive and proactive basis and as a business enabler and partner Inherent in TLA s Start Up offerings is the recognition of Start Up risk and financial pressures Accordingly TLA s Start Up Partner philosophy is rooted in risk sharing This takes the form of TLA bearing some part of the financial risk associated with supporting Start Ups through free inception advice discounted fees and deferred gratification TOTALRS 3300000 gt All values mentioned are indicative and notional Address Startup VillageKinfra High Tech ParkKalamassery Kochi Kerala INDIAFor general information9148421 10799 Contact Mail talktous startupvillagein
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