Kerala Startup Mission was recognised as the “World’s Top Public Business Accelerator” by UBI Global, the Stockholm-based intelligence company at a recent event in Doha.
The honour for KSUM, the nodal agency for entrepreneurship development and incubation activities in Kerala, India was announced at World Incubation Summit for the Best Programmes in Doha.
“Kerala Startup Mission demonstrates exceptional value for client startups, value for the local ecosystem, and overall attractiveness as a programme. Following a rigorous data-driven approach, we assessed and benchmarked incubation programmes across the world,” said Holger Meyer, director (Research) at UBI Global.
This year’s UBI Awards & Recognition Gala event, hosted by Qatar Development Bank at the Museum of Islamic Art, released the top lists of business incubators and accelerators as assessed in the World Benchmark Study 2019-2020.
On the award, KSUM CEO Dr Saji Gopinath said, “I am quite elated. Being adjudged as the world’s No. 1 Public Business Accelerator, and that too by the world’s leading business incubation intelligence company, is an enormous recognition for us. It will further spur us to sustain the momentum in providing a congenial incubation ecosystem in Kerala and tapping into creative energies of the young minds.”
KSUM, which is responsible for policy framework and implementation of the startup schemes in Kerala, supports startup ecosystem by means of different components such as infrastructure, human capital development, funding, governance, public-private partnership, global collaborations, scaling existing and establishing new startup ventures from startup-boot up-scale up model for moving fast from ideas to IPO.
It promotes entrepreneurship at different levels — from schools to startups.