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Kerala Chief Minister on Saturday inaugurated a new 'Digital Hub' at Technology Innovation Zone in Kochi by the Kerala Startup Mission (KSUM). The hub is envisaged to be a destination for designing and prototyping. The 4 lakh sq. ft. campus including the already functioning Integrated Startup Complex can support 365 start-ups, the state's CM Pinarayi Vijayan claimed.
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Vijayan informed that venture capital worth ₹250 Cr is anticipated from financial institutions such as Kerala Bank, Kerala State Industrial Development Corporation (KSIDC), Kerala Finance Corporation (KFC)and Kerala State Financial Enterprises (KSFE) to promote start-ups.