The State Government today entered into an MoU with GOVIN Capital, which had expressed interest to associate with it as a pilot incubator at the 50,000 sq ft Sunrise Startup TRIP incubation tower in the port city, where it would now set up a facility in this regard.
The tower had been constructed as part of the State's innovation and startup policy "2014-2020".
"The objective of the Government is to establish 100 incubators/accelerators. It also aims to incubate 5,000 companies/startups and nurture 1,000 students as first generation entrepreneurs over the next five years," an official release said.
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