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Startup Mission Launches Accelerator Prog with EY

The Kerala Startup Mission has launched a Business and Technology Accelerator programme for the startup companies in the state with the support of multinational professional service firm Ernst and Young.

Situated in the Drishya Building of KINFRA Film and Video Park in the state capital, the Accelerator has a fully equipped and functional office space of 1,500 sq.ft, where the selected startups will get a six-month training on business sophistication and skill enhancement. The facility was earlier inaugurated by Shri P.H Kurian IAS, Principal Secretary Industries and IT.

The programme would encompass mentorship support in all areas of business and technology including business strategy, finance, HR, investment proposals, emerging technology trends and market research. The accelerator will also help entrepreneurs to network with industry captains and investors.

“The accelerator aims to overcome the constraints faced by young entrepreneurs in their business procedures,” said Startup Mission CEO Dr Jayasankar Prasad. “We do this by providing adequate mentorship in planning business strategies, exploring new markets, updating the product, pricing the product and pitching the product to international market.”

Interested companies can place their applications online at www.startupmission.kerala.gov.in or message to the Facebook page /keralastartupmission along with the organization’s profile, ownership details and audited annual reports on or before September 11.

Key people from the selected organization will have to work out of the accelerator. At the end of the programme, a mentorship plan comprising both technology and business for the selected companies will be drawn up. This will then be shared with the entrepreneurs for mutual agreement.

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