₹120 cr allocated to Kerala Startup Mission in state's Budget

Kerala Finance Minister KN Balagopal on Friday presented the state government's Budget for 2023-24 in which ₹120.52 crore was allocated to Kerala Startup Mission (KSUM). The fund includes ₹20 crore for Kochi Technology Innovation Zone and ₹70.52 crore for Youth Entrepreneurship Development Programmes. The government will also support agritech startups through 'Make in Kerala' initiative.