Infopark’s incubation facility for IT entrepreneurs and micro, small, and medium enterprises (MSMEs) received a major boost with the addition of a new 4,000 sq ft IT block with world-class facilities to its existing work space at the Jawaharlal Nehru International Stadium in Kaloor.
The facility was previously known as ITES Habitat and was owned by the Kerala State IT Mission (KSITM). Last year, Infopark Kochi took over this facility from KSITM as directed by the Government of Kerala, following which it carried out renovation of the existing work space. The result was an added 4,000 sq ft built-up area with futuristic facilities for start-ups.
MLA Hibi Eden inaugurated the new facility on Tuesday, October 14. Greater Cochin Development Authority (GCDA) Chairman N. Venugopal presided over the function. Principal Secretary (Industries and IT) P. H. Kurian, IAS; Kerala State IT Infrastructure Limited (KSITIL) Managing Director S. Ramnath; and Infopark Chief Executive Officer Hrishikesh Nair also graced the function.
“The TBC offers advanced infrastructure facilities at affordable rate to start-up companies in the IT/ITES sector. It shall also provide mentoring and marketing support for the companies to boost their business in the initial stages;” said Mr. Kurian. He also noted that the government is planning to procure technology-based products developed by these small companies and startups in order to enhance the government’s e-governance project.
“The center will act as an accelerator for the fledgling IT companies. We have allocated space to small-medium sized companies (even on seat basis) to make it more affordable for young people looking to build their business,” Mr. Hrishikesh Nair said.
The TBC offers plug-and-play facility for start-ups in the IT/ITES sector. Besides, Infopark will provide business consultancy, technology, and prototype development support, in addition to research assistance.
The park authorities will also help the companies secure adequate funding. Currently, the TBC houses 48 companies. In the newly created space, 40 seat spaces are allocated to NRI-TBI, a not-for-profit society aimed at helping NRIs to establish product-based IT companies at nominal cost and without any hassles.