Startup village TEAM MAVERIX CASE STUDY

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Startup village TEAM MAVERIX CASE STUDY

  1. 1. CASE STUDY YI ROAD2IDEAS Presented by Maverix
  2. 2. 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
  3. 3.  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.
  4. 4.  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
  5. 5. 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.
  6. 6. INNOVATIVE PRODUCTS IN STARTUP Fin  (http://www.wearfin.com/)
  7. 7.  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.
  8. 8. 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
  9. 9. 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
  10. 10.  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
  11. 11. THANKING YOU Team MAVERIX

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