Most of the students take a routine life style. Complete schooling, get some degree, and get into some company. Work there until “the boss” fires you or you quit. But when Deepak,Abhinav,Ashwin and Hisam from L.B.S College of Engineering,Kasaragod did things differently, they are no longer the guy-next door.And when technopark took them into their incubator family, nuturing with right support and publicity they started creating magic.

“Swades” was the perfect project to take further, and when the team shared belief in it, and vision for it, marked the beginning of “Innoz“. Innoz Technologies is a software firm incubated under T-TBI,Technopark. This startup has been initiated for the need of brilliance and innovation in the software field mainly focusing on 3 fields mobile, internet and new media.

“Do what you love, Be your own boss and make a million to smile for”. That’s our mission-says Deepak,CEO,Innoz.

Know more about Innoz at their official website http://www.innoz.in

Recently Innoz had been nominated for TATA and NEN Hottest Startup awards by NEN.It’s a people’s awards so definitely we need to support. Innoz Technologies is the youngest and only student startup from Kerala, to get nominated!! So lets get to the point: As a family, we technoparkians would definitely need to help them to get the best ranking possible.

Each votes matters them a lot

About TATA NEN hottest startups awards

TATA NEN Hottest Startups awards is India’s only community-chosen awards for Indian start-ups.Brought to you by National Entrepreneurship Network and TATA Group, in association with Helion, Mint , Seedfund and Wadhwani Foundation

What if innoz get into the top 30?

The Awards has the outcome of directly helping the 30 short listed companies, and providing even greater support and visibility to the Top 5 Winners.

Winners of TATA NEN Hottest Startups will receive a potent combination of publicity and business support, designed to spur their growth to the next level.
Prizes in the TATA NEN Startup Awards include:
•   Business training, mentoring and incubation support of upto Rs. 50 lakhs by IIM-A and CIIE
•   Incubation opportunity to a befitting venture by IIM-B and NS Raghavan Centre for Entrepreneurial Learning (NSRCEL)
•   Admission to Microsoft’s StartUp Accelerator Program for at least one winner
•   All Shortlisted startups will receive direct admission to pitch to Angels courtesy Indian Angel Network and Mumbai Angels and admission to TiE’s nurturing program

In addition, all nominated companies stand a chance to be invited for the TATA NEN Hottest Startup Funding Challenge 2008. The funding will be provided by Seedfund and the winner could receive 2 to 3 crores of investment capital subject to evaluation from them. The final decision on the funding for the winning company will rest with Seedfund. A great launchpad for the young team to showcase their products and that’s what we it all matters.

The most important thing : UR VOTING FORMAT

For SMS voting type HOT<space>66 and Send to 56767

For online voting go to www.vote.innoz.in

Deadline of the contest is 1st November 2008.

The private developer will be chose via a competitive bidding process, which is currently on. Some of the land being retained for development by the Technopark authorities will be given to individual IT companies to build their own campuses. The total infusing in phase three of the park is expected to be over Rs 1,500 crore. Once phase three is complete, Technopark-Thiruvananthapuram will have a built-up area of around 10 million square feet and will directly employ at least 100,000 IT/ITES professionals

Through its arm Kerala State IT Infrastructure Limited (KSITI), the government is planning to set up an IT city and IT parks across the state, which would have a seating capacity of 200,000 people by the year 2015. KSITI will promote these projects through the public-private partnership model.

The two key marketing words for KSITI are ‘continuous power supply and single-window clearance’ which saw the participation of several top companies in the roadshow held in Chennai recently.

N Radhakrishna Nair, director, KSITI and chief executive officer of Trivandrum Techno Park, said that Kerala, which was promoting tourism as ‘God’s own tourism country’ now want to promote it as ‘God’s own e-state’. The IT/ITeS sector contributed around Rs 5,000 crore to the state last year.

The state government is planning to set up a Techno City, spread over 500 acres, in Thiruvananthapuram with an investment of between Rs 8,000 crore and Rs 10,000 crore.

Land acquisition for the new facility, which will come up in close proximity to the existing Techno Park, is in the final stage. The Techno City is expected to be ready by 2015. It will have facilities including residential flats, hotels, shopping malls and theatres.

KSITI is also planning to expand the 130-acre Techno Park. The company had acquired another 200 acres. Infosys and UST Global have already started the construction work.

Both these companies are planning to invest around Rs 1,000 crore. Currently, the park employs around 20,000 people and by 2012, it is expected to employ around 100,000, Nair said.

When the Techno City and expanded Techno Park will become operational by 2015, around 200,000 people will be employed.

Speaking about the advantages, Nair said, “Low-cost and uninterrupted power and single-window clearances are the two main mantras. For instance, for IT/ITeS, the state is supplying power for Rs 3.20 a unit, while in Chennai it is around Rs 3.50 a unit (only for IT companies not for ITeS). In Kerala, since all the IT parks will be located near the power grids, companies do not have to depend on the local electricity boards.”

If a company wants to set up a facility in Kerala, it will not take more than 4 weeks for all the necessary clearances, Nair said.

In Chennai, Infosys waited for four years to obtain approvals for its Mahindra City facility. The Kerala government has created an industrial area Act, which will allow the CEO of the park, who is a non-IAS officer, as the signing authority.

Check her blog here.

Work on Technopark Phase III, spread over 92 acres and expected to create over 4 million sq.ft of space and 40,000 jobs is being inaugurated on Sept 4, 2008.

I was fortunate enough to be invited to the ceremony and here is a copy for all of you.
Please do try to attend the function!

Read the full story here.

UST Global, an IT services and solutions provider for the Global 2000 market, has zeroed in on a handful of technology players for acquisitions this year.

According to Sajan Pillai, CEO, UST Global, “We have zeroed in on certain companies, and will finalise a few deals in the next 90 days. The new acquisitions are in a bid to expand UST Global’s portfolio and achieve its billion-dollar revenue target.”

Read the full story here

The new venture will come up on a 25-acre plot near Technopark, the information technology campus on the outskirts of the Kerala capital.

Read the rest here

Looks like the government wants all of us to be farmers. Read the entire story here.

This innovative project based on “Electrolytic Effluent Treatment Plant” won the first prize, cash award of Rs, 1 lakh sponsored by Degree Controls.

The awards were given away by Dr. K Radhakrishnan, Director, VSSC, who was the chief guest at the awards function. The ceremony was presided over by Dr Ajaykumar, Secretary - IT, Government of Kerala.

The Oxford Engineering College, Bangalore bagged the second prize of Rs.25, 000 for their project “Constant Velocity Joint Assembly,” sponsored by IBS group.

The third prize of Rs.10,000 sponsored by One View Systems, and SunTec Business Solutions was shared by BITS, Pilani - Goa and Sahrdaya College of Engineering, Kodakara, Kerala, for their respective projects on ‘Microbial Fuel Cell Using Sewage’ and ‘Water Plants  and EOG Based Room Utility Control For Bedridden Patients’.

An expert committee, headed by N T Nair, chief editor of Executive Knowledge Lines, assessed the 33 projects that competed for top honours.

According to R K Nair, chief executive officer, Technopark, “The growth of technology bound industry in Kerala will be driven by start up companies fired by innovation. The relevance of Incubation activities is coming in this context. We have to attract young talent in our country to consider entrepreneurship as a serious option.”

He added that competitions like TechTop are a vehicle for Technopark to spot and nurture such talented youngsters and convert them into ‘Technopreneurs’.

“Our endeavour will be to develop TechTop as the most sought after competition in the country in the Technology space. As we go along we want to expand the scope of the competition to include postgraduates and school children in addition to the undergraduate students,” he added.

TechTop TechTop is organized every year to tap the innovative potential of entrepreneurial citizens of India. The objective is to promote individual innovators through support mechanism at various stages to become technology-based entrepreneurs.

The two-day All India exhibition witnessed 23 projects from 10 states.

Courtesy :- CIOL News