Startup village TEAM MAVERIX CASE STUDY
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Startup village TEAM MAVERIX CASE STUDY

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Startup village TEAM MAVERIX CASE STUDY Startup village TEAM MAVERIX CASE STUDY Presentation Transcript

  • CASE STUDY YI ROAD2IDEAS Presented by Maverix
  • ABOUT START UP VILLAGE  Startup Village is a not-for-profit business incubator based in Kochi, Kerala. • Started in April 2012, the organization’s aim is to launch many technology startups and start the search for the next billion-dollar Indian company  In January 2013, Startup Village and the Kerala government launched an initiative called SVSquare. Every year, we select promising young entrepreneurs from India and send them on an all-expense paid trip to the U.S.  Our aim is to expose our youngsters to the legendary startup environment in Silicon Valley
  •  The idea of Startup Village was conceived in 2008 by Sanjay Vijayakumar and his team (the group also founded MobMe, a start-up in Kerala), students in the College of Engineering, Thiruvananthapuram. "When we started, we had informed the DST we would incubate 48 companies in five years.  • It is India’s first incubator that is funded jointly by the public and private sector.  • As of October 2013, Startup Village has incubated 450 startups.
  •  The promoters of Startup Village are Department of Science and Technology, Government of India, Technopark, Trivandrum and Mob ME Wireless. Kris Gopalakrishnan, co-founder of Infosys and an IT entrepreneur from Kerala, is the chief mentor at Startup Village.  • Startup Village provides members with workspace, high-speed Internet connection, legal and intellectual property services and access to investors
  • Aim:  To be the Asia's number one startup destination To launch more than 1000 startups. To Seek the next Indian billion dollar company. To innovate in telecom sector.
  • INNOVATIVE PRODUCTS IN STARTUP Fin  (http://www.wearfin.com/)
  •  Fin is a wearable device hardware product which looks like a ring and it can be fitted into the thumb. There is a bulged portion to accommodate touch sensor inside it. These sensors detect taps, swipes and identify various parts of your palm by calculating the distance moved by the thumb.
  • Microwave android integrated device  •MAID is the world’s first Android powered microwave oven. The device holds unlimited number of Internet recipes in the cloud that can be downloaded into the microwave
  • Initiatives  Tax Exemption Companies in incubators recognised by the The National Science & Technology Entrepreneurship Development Board of the Department of Science and Technology are eligible for service tax exemption for 3 years and up to 50 lakh of revenue.  Consulting Service by KPMG We provide initial tax support services to startups. Free advice is provided from an Indian tax and regulatory perspective
  •  Hosting support by Amazon Web Services Startup bootcamp launched 2014-0117 Along with the launch of phase III of Technopark,Kerala government proposes to set up Startup Boot camps in all its educational institutions including colleges and higher secondary schools
  • THANKING YOU Team MAVERIX