28-11-22 Daily-Kerala-KPSC Current Affairs

Kerala Affairs

Govt launches contest to boost innovations in Kerala

For promoting youngentrepreneursand new concepts of as part of observing the ongoing financial year as the ‘Year of Entrepreneurship’, the government has launched a contest seeking ideas on new avenues of entrepreneurship.

The industries and commerce department has come up with the contest ‘Dreamvestor’ for prospective business aspirants in the state. The initiative’s aim is to provide a platform for the innovators in the state to present their ideas before an eminent panel and to explore the possibility of turning their innovative concepts into a business venture.

The ideas selected in the contest will be given necessary handholding support such as access to incubation space in government-owned business incubation centres, mentoring support to overcome challenges, access to seed capital assistance, etc.

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