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Startups to shape business from huts

Many major IT companies have taken birth in garages and shacks. The start-ups at the Technopark would also soon get a chance to shape up their business from huts. For, an Open Innovation Space (Open I Space) concept is being introduced at the park. [caption id="attachment_3102" align="alignleft" width="620"]Image removed. A model of the proposed Open Innovation Space. [/caption] Open huts with wi-fi and plug and play facilities with four or five seats would be set up at the Technopark premises so that innovators could make use of such eco-friendly spaces to sit together and work. Paucity of space for the 190 odd start-ups at the Technopark Technology Business Incubation Centre necessitated the new concept. “Out of the 190 odd start-ups, we could not provide space to about 40. Hence they remain as virtual. By setting up the innovation huts, we hope to provide a space for such firms to work,” said Technopark TBI managing director Dr. KC Chandrasekharan Nair. Leading IT firms would be requested to sponsor each huts under the Open I Space. The huts would even be a motivation to youngsters to become innovators. A data farm to provide high speed data connectivity to the small and medium firms is also being planned by T-TBI.