KSUM KITE meeting ends, preselects 24 IEDC ideas for product development

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The Kerala Startup Mission (KSUM) on Friday selected 24 new products from Innovation and Entrepreneurship Development Centers on the closing day of the five-day virtual technology exhibition.

The shortlist consisted of 80 products that KSUM received through the IEDCs who had virtually showcased their products. All 24 of them found a chance to be exhibited at the Kerala Innovators Technology Exhibition (KITE) from November 22-26, KSUM said.

“The event provided young innovators and budding entrepreneurs with a virtual technology exhibition to showcase their innovative ideas in front of investors, multinationals, other startups and stakeholders,” KSUM said in a statement.

Organized as the second edition of KSUM’s “Unlocked Innovations”, the meeting witnessed sessions in hybrid mode, featuring both online and offline debates.

KITE 2021 organized a fablab workshop, sessions on future technologies, conferences and round tables, allowing students to navigate their entrepreneurial journey.

Senior KSUM officials said that KITE further promotes a culture of entrepreneurship focused on innovation among young people so as to generate more employment opportunities.

The farewell session was addressed by KSUM Managing Director John M Thomas and TCS (Rapid Labs) Director Robin Tommy.

The event, in addition to allowing students to present their product, organized a Fail Fast or Success pre-incubation program, IDEA Fest which facilitated direct presentation to the expert committee, credit support to partner startups of KSUM service such as AWS, Google Cloud, Zoho and Notion, GrandCapital funding opportunity and giving 2,000 Prayatna points to students / colleges.

The IEDCs are platforms set up in engineering, management, arts and science colleges and polytechnics to offer students a place of experimentation and innovation, providing them with a first ramp of launch with access to cutting-edge technology, world-class infrastructure and high-quality mentorship. in addition to early venture capital and global exposure.

KSUM is the Government of Kerala’s nodal agency for entrepreneurship development and incubation activities in the state.

(Only the title and image of this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)

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