Where is Infopark located? How accessible is it from the nearest airport?
Infopark is located in the city of Kochi, Queen of Arabian Sea, in India. Kochi is one of the most beautiful tourist destinations in India with high literacy levels and excellent quality of life. Infopark is a 100-acre campus in a serene environment. The advantage of the location is its proximity to the Kochi international seaport, the Kochi air port and the Cochin (Kochi) special Economic Zone. Infopark is a 25-minute drive from airport and seaport.
How big is Infopark?
Infopark is spread over 100 acres now and still growing, making it one of the largest and advanced locations for the Information Technology industry. The master plan envisages more than 4 million sft by 2012.
Who are the developers of Infopark?
Infopark is an IT infrastructural development program being promoted by the Government of Kerala. The Governing Council is chaired by the Honorable Chief Minister of Kerala. The Board of Governors of Infopark is chaired by Special Secretary – Information Technology, Government of Kerala.
What are the clearances required for starting an operation?
No State Government clearance is required for starting a software unit. From the Government of India, you may need foreign investment clearance from the Foreign Investment Promotion Board. You may also need STP (Software Technology Park) registration, if you are planning a 100% Export Oriented Unit (EOU). Both these can be organized easily through a single window system in the Infopark.
How will I go about registering a company in India?
Company registration can be done with the Registrar of Companies that has an office in Kochi. A chartered accountant can do the same.
What are the different steps involved in getting started?
Engage a Chartered Accountant immediately do the company formation for your activity in India. For foreign companies, establishing a subsidiary is the
Complete the formalities of Foreign Investment Promotion Board/Software Technology Park registrations.
Sign up for space in Infopark.
For a start up operation, get going at the Incubator.
For a larger area, do up the interiors, complete recruitment and commence operations. The whole job can be entrusted to Venture Management experts.
Are venture capital funds available in kerala?
Yes, Venture capital funds are available from Kerala Venture Capital Fund (KVCF). KVCF is a Rs 20 Crore (2 billion), 10 year, close-ended venture capital fund set up by Small Industries Development Bank of India (SIDBI), Kerala State Industrial Development Corporation Ltd. (KSIDC) and Kerala Financial Corporation (KFC). KVCF is dedicated to investing in enterprises with high technology inputs or growth prospects such as those in the areas of Information Technology, Biotechnology,
KVCF is on lookout for projects/investments with high growth and earning potentials, backed by a strong and committed management team, possesses sustainable competitive advantage etc
For detailed information log on to www.keralaventure.org