Kerala Budget 2015 and Startup Village

The proposals in the State Budget to support young entrepreneurs will redefine Kerala’s entrepreneurial culture and investment climate. The state government’s proposals to set aside Rs 25 crore for the Comprehensive Mission on Employment Generation Activities (MEGA) and the Rs 12 crore allocation to provide financial support to 1,000 startups for two years will result in an entrepreneurship boom in the state.
The total outlay for entrepreneurship development is now around Rs 200 crore, up from Rs 43 crore last year.Rs 10 crore set aside as Infrastructure Gap will invite more private sector investment into this area”.
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