Good response to govt's Startup policy

Thiruvananthapuram: The state government's startup policy, aimed at promoting entrepreneurship among youth, has received a good response with more than 800 ventures being launched at the Startup Techno Park business incubator at Kochi.

Since the policy was initiated two years back at the 'Emerging Kerala' Summit, nearly 5,000 applications were received and 800 ventures began functioning.

Speaking to reporters after a cabinet meeting, Chief Minister Oommen Chandy said the cabinet had approved the Kerala Technology Start-Up policy 2014.

"Startup Village initiative has been well accepted by the youth of the state', he said.