MP govt in talks with Startup Village to set up incubator

Madhya Pradesh is seeking support from the management and the technical team of Startup Village to devise a strategy to build a similar incubator

Close on the heels of Andhra Pradesh adopting the Startup Village-model, the Madhya Pradesh government has initiated discussions with the Kochi Startup Village for its support and expertise in setting up a similar incubation facility in the former's state.

A high-level delegation led by M Selvendran, managing director of Madhya Pradesh State Electronics Development Corporation (MPSEDC), held talks with Startup Village chief executive officer Pranav Kumar Suresh and the management team last week.

Selvendran said Madhya Pradesh was seeking support from the management and the technical team of Startup Village to devise a strategy to build a similar incubator.

The other members of the delegation were LK Tiwari, additional chief general manager, MPSEDC; Kamal Jain, deputy director, Madhya Pradesh Agency for Promotion of Information Technology and Pankaj Sethi, director of ThirdVue Consulting.

"We are in the process of bringing out a blueprint on the creation of innovative ecosystems that can be adopted by states across India," said Startup Village chairman Sanjay Vijayakumar.

The delegation toured the campus and checked out the facilities being offered to startups. They also discussed the Kerala government's Student Entrepreneurship Policy, aimed at promoting young entrepreneurship among the state's youth.

The delegation also studied the method of functioning and other activities of the incubator.