We decided to give then 25,000 sq ft in the first phase by May 13 next year and the rest 75,000 sq ft by January 2014. In three years there would be 2,000 IT firms that would be incubated there.”

4. Signing of MOU with IBM

IBM and Startup village signed a Memorandum of Understanding to provide engineering students and young professionals with knowledge and skills which will better position them in the IT industry. IBM will help students at Startup village here, a public private partnership with Union Government, Department of science and various other organisations, to attain industry-ready skills through its Career Education and Academic Initiative programme. The students will also undergo experiential learning programmes through Career Education Projects and take part in The Great Mind Challenge (TGMC) contest, the largest technological contest certified by the Limca Book of Records. They will also be provided with relevant IBM Software free of cost that will be used for training and enablement purposes for students.