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


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.)

Dear reader,

Business Standard has always strived to provide up-to-date information and commentary on developments that matter to you and have broader political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these difficult times resulting from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative views and cutting edge commentary on relevant current issues.
However, we have a demand.

As we fight the economic impact of the pandemic, we need your support even more so that we can continue to provide you with more quality content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve the goals of providing you with even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital editor


Comments are closed.