Kochi: Kerala Startup Mission (KSUM) has launched a novel initiative as a part of its flagship IEDC (Innovation and Entrepreneurship Growth Centre) programme, looking for to offer a gamified studying platform to scholar innovators and establishments to discover in addition to experiment with unconventional concepts.
Christened as Innovators Premier League (IPL) 2021, the endeavour comes within the wake of Chief Minister Pinarayi Vijayan asserting an Innovation Problem final weekend whereas inaugurating a Digital Hub on the KSUM’s Built-in Startup Advanced at Kalamassery right here.
The League, which started on September 18, will witness actions in three distinct domains–innovation, know-how and entrepreneurship, a launch issued by Startup Mission stated.
“Spanning 4 months, the IPL will characteristic challenges apart from hackathons, ideathons, innovation festivals, startup bootcamps and iTalks amongst others. The IPL will allow KSUM to determine and nurture 1,000 gifted scholar innovators from Kerala and help in constructing a enterprise round their concepts,” it stated.
Collaborating scholar innovators and IEDCs will earn innovation reward factors that may be redeemed on the IEDC summit to be held in January subsequent yr.
The perfect 100 innovators chosen by way of this four-month IPL and 100 prime innovators will get innovation grants.
KSUM will help 1,000 finest innovators by way of mentoring, incubation enterprise join and fund prime 100 innovators, KSUM stated.
Other than this, one of the best 100 innovators merchandise shall be showcased on the IEDC summit.
IPL goals to convey consciousness and sensitization of IEDC, encourage actions amongst college students, construct a competitively entrepreneurial mindset amongst innovators and create a stronger pipeline of startups.
“IPL will maintain competitions for college students and different skills in establishments first on the school degree, adopted by regional degree. These shall be carried out beneath three main pillars: innovation, know-how and entrepreneurship. The league competitors runs on a scale the place establishments and college students can obtain factors by way of conducting boot camps, workshops, startup technology and patents beneath varied classes,” the discharge stated.
This IPL is slated to finish on December 30 this yr and a handful of the winners will get publicity to enterprise tycoons and ecosystem enablers on the subsequent IEDC Summit.
KSUM, based in 2006 is the state’s nodal company for entrepreneurship improvement and incubation actions and has been primarily designated to determine and function a Expertise Innovation Zone as a world innovation incubator hub for varied know-how sectors.