Kerala IT Policy 2017 (Draft)

Department of Electronics & Information Technology

Govt. of Kerala

10.2. Product development

  1. Seed support
    The existing seed support from KSUM currently a soft loan, shall be enhanced and also be made into a convertible debt in the lines of the schemes of KSIDC. Government shall consider constituting an innovation/prototyping fund to support innovators and startups create innovative products and this shall be a grant subject to a maximum of 50% of the cost or 10 lakhs whichever is lesser.

  2. Lab support

    2.1. Future labs
    The Labs for futuristic technologies being setup in Kerala Startup Mission shall be accessible for the startups/innovators to develop the products and test them.

    2.2. Fab Labs
    The Fab labs set up in Trivandrum and Kochi and the mini fab labs in engineering colleges shall provide necessary support for the innovators/startups for rapid prototyping.

  3. Technology mentorship
    The pool of technology experts/mentors shall be identified and mentors shall be encouraged to actively own the start ups. The mentor pool shall include experts from industry academia and scientific community.

  4. Design and Development

    4.1. Design workshops
    Design thinking and industrial design workshops shall be conducted for startups to enhance their design capabilities.

    4.2. Development and testing support
    Platforms for development and testing purposes shall be made available for students and startups with the help of technology partners.

  5. Startup Boxes
    State of the art devices for development purposes shall be made available to the startups through their respective incubators as per the scheme of KSUM

Validation Commercialisation