The MoU, signed yesterday by Startup Village Chairman Sanjay Vijayakumar and Sanjay Jaju, AP IT Secretary, makes Andhra Pradesh the second state in the country to have a startup village for creating a vibrant entrepreneurial ecosystem and a world class incubation facility at Visakhapatnam, a press release here said.
Startup Village will launch Rasberry Pie programme for school children and startup boot camps in engineering colleges towards creating a strong foundation to achieve the objective of creating 1,000 startups in Andhra Pradesh.
Andhra Pradesh Chief Minister N Chandrababu Naidu, who inaugurated the startup project on the PPP model, known as Technology Research and Innovation Park (TRIP), praised the Startup Village at Kochi.
TRIP is a world class facility spread over 17,000 sq ft at the IT layout, Madhurawada in Visakhapatnam.
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Kris Gopalakrishnan, Co-Founder of Infosys and Chief Mentor of Startup Village who attended the event as Special Guest, recounted that Infosys was started in a rented flat when the founders were young as there was no risk.
Startup Village has the stated goal of finding a billion dollar campus startup from India within the next 10 years.