Startup Village, the first public-private partnership model incubator in
India, jointly promoted by the Central Government's Department of
Science and Technology and Technopark, the country's largest IT park,
has become the first place in the country to get an Internet connection
capable of reaching Gigabit (1000Mbps) speeds, according to various
media reports.
"The new connectivity comes as a milestone in our
efforts to ensure the most conducive atmosphere of growth for the
increasing number of incubatees. World-class infrastructure facilities
will prompt the young companies to perform and meet the global
competition," said Startup Village CEO Sijo George Kuvilla.
"Startup
Village aims to build the elements of a world class tech ecosystem to
realise the dream of a Silicon Coast in India. The vision at this
grandiose scale is driven by one of India's most successful IT
entrepreneurs, Kris Gopalakrishnan, co-founder of Infosys and powered by
Dept of Science and Technology, Government of India. The Startup
Village at Kochi is the first location of this national pilot, which
would be replicated to other parts of India in the coming months," he
said.
The Startup Village being in Kochi with just 5,000 square
feet of space in April. Since April, the scaling-up process has indeed
been fast. The area has doubled. Another 25,000 square feet will be
added by May next year. By 2014, the total area of the Startup Village
would be 100,000 square feet. The village focusses on mobile-Internet
companies.
Sanjay Vijayakumar, chairman of Startup Village, said
that in an Internet world one needs to execute projects at Internet
speed. "Our vision is to create a world class technology product startup
ecosystem in India. We will do this by creating an enabling ecosystem
to support 1,000 startups over the next 10 years."
"Blackberry,
IBM, Oracle, KPMG and ICICI have already joined and we are looking to
close another 25 partnerships in the next 12 months. These zones are
necessary to create a world class technology startup ecosystem,"
Kuruvilla added.
(With inputs from IANS)