Kochi: The Kerala government has announced the rollout of its flagship Student Entrepreneurship Policy for schools, after its successful Startup Village concept which has received 1,000 applications in 15 months.

Kerala Chief Minister Oommen Chandy in his Independence Day speech had cited the example of Startup Village, India's first telecom technology business incubator, as a testament to the success of the policy.

This had been announced by the government at the Emerging Kerala Global Connect in September last year and offered a number of incentives for college students wanting to set up business startups.

In its second phase, the Student Entrepreneurship Policy, which is designed to encourage innovations by youngsters, will be offered to school-going students. Around 10,000 bright school students from classes VIII to XII will be chosen through an online examination and provided computers and other learning material to improve their technology skills as part of the new project.

'Young people are going to provide the strength for Kerala's forward march, and our duty is to provide them the opportunities here at home,' the Chief Minister had said adding, 'It is very clear that employment and growth opportunities around the world in the next fifty years are going to be based on technology'.

The state government will also be launching a new project that offers 100 teams of five college students each a Startup Tool Box, which will have high-end computers, smartphones and other technology items required to create a startup company.

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