Kerala to Set Up Emerging Technology Hub for Deeptech Startups

The Kerala Startup Mission (KSUM) announced plans to establish an Emerging Technology Hub at Technocity in Thiruvananthapuram with an investment of Rs 1,500 crore. This initiative aims to foster the growth of deeptech startups in the state.

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Kerala's Ranking in Startup Ranking 2022

The announcement comes after Kerala was recognized as one of the three best-performing states in the Startup Ranking 2022 released by the Union Ministry of Commerce and Industry. Chief Minister Pinarayi Vijayan received the Best Performer award from KSUM CEO Anoop Ambika and Rathan U Kelkar, Secretary, Electronics and IT, Government of Kerala.

Features of the Emerging Technology Hub

The Emerging Technology Hub will be situated in a spacious area of five lakh square feet at Pallipuram near the capital city. It will provide deeptech startups with access to advanced technologies and resources to leverage their potential.

Focus Areas of the Hub

The hub will primarily cater to startups working in the domains of Artificial Intelligence (AI), Machine Learning, Blockchain, Computer Imaging, and other innovative applications required for emerging technologies like Virtual Reality.

Invitation for Collaboration

KSUM invites interested parties to contribute to the formation of the Emerging Technology Hub. Suggestions, including possibilities for new technologies and investments, can be submitted through the following link: https://zfrmz.com/7Hwe469CJ7ZmptvSiNP9

About KSUM

Established in 2006 by the Kerala government, KSUM plays a vital role in promoting entrepreneurship development and incubation activities within the state.