Kerala Startup Mission (KSUM), the state government’s nodal agency for entrepreneurship development, has been ranked among the top five business incubators in the world by the UBI Index.
UBI Global, an independent research and consultant firm, has compiled the list of the world’s best business incubators after studying the ecosystems of more than 12,000 incubators across the world.
Kerala Startup Mission, which works towards nurturing startups and facilitating investments in the state, has been placed in the fifth position. It is the only Indian incubator to make the list.
The UBI Index is the only global benchmarking system for business incubators. It helps to assess the strength of the incubator’s infrastructure, program design, and services offered.
Kerala Startup Mission has been working towards creating an enabling environment for startups in the state. It has been providing a wide range of services such as mentorship, access to funding, and support for setting up a business.
It has also been encouraging the development of incubators and accelerators in the state. In addition, it has been providing access to talent, market, and resources for the startups.
The recognition by UBI Global is a testament to the success of the initiatives taken by the KSUM. It is a major boost for the startup ecosystem in the state and will help to attract more investments and entrepreneurs to the state.
The recognition also highlights the potential of Kerala as a destination for startups. With the state government’s focus on developing an enabling environment for startups, the state is sure to attract more investments in the future.
The recognition by UBI Global is a major achievement for Kerala Startup Mission and the state government. It is a major boost for the startup ecosystem in the state and will help to attract more investments and entrepreneurs to the state.
With the recognition, Kerala is sure to become a preferred destination for startups in the future. It is a major milestone in the state’s efforts to become a hub of innovation and entrepreneurship.