In a survey report released by the Entrepreneur Magazine survey, the Kochi Startup Village has been ranked top among the 100 best startup incubators in India.
The survey came out on Friday, which assessed the incubators on the basis of several criteria, including the number of graduating startups, their success in raising funds and funding equity and the duration of the programme.
The Startup Village has supported nearly 590 physical and virtual incubatees in Kochi and 200 in Vizag since starting in 2012.
Kris Gopalakrishnan, Infosys co-founder and chief mentor of Startup Village, “It is a great honour for Startup Village to be named the country’s best incubator just as it gears up for even bigger challenges in its search for a billion dollar campus startup.”
Startup Village launched into its second phase last week with Chief Minister Pinarayi Vijayan launching the online platform SV.CO. It aims to provide a fully digital incubation framework to five million students in 3,500 engineering colleges across the country.
Sanjay Vijayakumar, the chairman of Startup Village, said, “SV.CO is the next big iteration of Startup Village, to give a world class student startup ecosystem to around five million engineering students in India, who will build the future of our nation. Our success in the first phase was due to the support from public and private sector partners.”
It has also recently won the National Award for Technology Business Incubator from the government in 2015.
“The PPP model of Startup Village gives its tremendous ability to create deeper impact and it has been changing the whole culture of student entrepreneurship across the nation,” said H.K. Mittal, the head of National S&T Entrepreneurship Development Board.
