An Electrical Open Innovation Zone (EOIZ) jointly promoted by Startup Village and the Kerala State Electricity Board (KSEB) to improve the energy situation in the state by exploring new ideas and developing cutting edge technologies will be opened at Startup Village here tomorrow.
State Minister for Power and Transport Aryadan Mohammad will inaugurate the zone, a unique platform for startup ventures to incubate ideas into technologies for ensuring efficient energy supply in the State.
The zone, coming up at a space of 2500 sq ft, will train people in the skills required to launch businesses in the energy sector. Apart from the operational funding, KSEB will also extend technical and non-technical support while Startup Village will develop, own and execute the programme.
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The innovation zone will work in line with the National Electrical Mobility Mission 2020 and will give practical exposure to entrepreneurs to work together with KSEB to find out industry problems faced by the power sector, develop indigenous technology solutions and utilise the domain expertise of KSEB to build homegrown solutions which can then be deployed in other states and countries.
Startup Village, the first public-private partnership incubator in the telecom sector of the country, has already an innovation zone set up by Blackberry (RIM).
Many other global leaders are also in talks with Startup Village to set up similar zones that will provide better eco-system for innovations.