Palava Accelerator will aim at invigorating economic growth of Palava and bringing the first set of jobs within the city.
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Palava Accelerator will aim at invigorating economic growth of Palava and bringing the first set of jobs within the city.
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The start-up will utilise the funds to enhance its product and technology, and to scale to other categories including personality development, new languages and job interviews.
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The government has taken this initiative in order to create employment and promote innovation among the start-ups in Goa.
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The emerging tehnnology lab will help and develop innovative solutions leveraging the start-up ecosystem, and it will also serve as a platform to enhance awareness about UTC’s Smart Building products.
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The government has taken steps to make Kerala the most investor-friendly industry-friendly state in the country.
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The development of CFC, at a cost of Rupees 1.25 crore, is part of the Hard Intervention part of the cluster project which also includes a raw material bank and market infrastructure.
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The corridor offers a virtual platform facilitating the exchange of information and expertise in the fields of science, research, innovation and skill development.
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Gandhi said that the central challenge for India is jobs, adding that roughly 12 million youth enter the job market annually. The small and medium enterprises sector is where jobs will come from.
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The company will use the undisclosed capital raised for expanding its operations.
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The selected start-ups will have to attend for 4 to 6 months of EDUGILD’s business acceleration programmes starting from September. They will also have an extended 12 to 18 months of relationship.
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