KSUM launches pre-incubation programme to support startups

The Kerala Startup Mission (KSUM) recently launched a pre-incubation programme to support early-stage startups with innovative ideas by facilitating mentoring by experts from technology, business and finance.
Named Fail Fast or Succeed, the programme was launched at the Integrated Startup Complex, Kalamassery. It is meant for validating the ideas of the entrepreneurs and guide them on the market opportunity and scope for commercialization of their products.
Around 40 companies, including registered and non-registered ones participated.The firms were given mentoring on technology-based products, finance, business funding and statutory compliances. They will get mentoring and connections till the final product sails into the market.
The programme is suited for early stage startups in the ideation stage, problem identification stage, idea validation stage or prototype stage, and are unable to take their ideas to the next stage.