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Big boost for State’s startup ecosystem as government celebrates second anniversary
Thiruvananthapuram, May 31: Opening up a big market for startups in Kerala, the state government has steeply raised from Rs 1 crore to Rs 3 crore the Public Procurement ceiling on purchase of products and services from ventures registered under Kerala Startup Mission (KSUM) by government departments, public sector undertakings (PSUs), Boards, Corporations and Local Self Government Institutions (LSGIs).
The increase of monetary ceiling in public procurement will enable more government departments to leverage innovative technology solutions from startups. This applies to all departments such as Agriculture, LSGD, Health, Tourism etc.
As per the Government Order (GO) issued in this regard, the benefits enjoyed by IT-related startups have been extended to non-IT ventures as well, enabling PSUs, Boards, Corporations and LSGs to purchase products and services from non-IT startups registered under KSUM.
Kerala has 49 parent departments and more than 1000 sub organisations and, as per the GO all government organisations can purchase products and services from startups registered under KSUM.
The government has also increased the ceiling for availing services and products from startups having the Unique ID of KSUM without tender procedures from Rs 20 lakh to Rs 50 lakh.
In this regard, Stores Purchase Department and Electronics & Information Technology Department have issued terms and conditions along with guidelines on procurement of products and services of IT and non-IT startups from KSUM.
KSUM has launched a flagship project called ‘Government as a marketplace’ for providing the innovative services and products of startups to government departments.
Shri Anoop Ambika, CEO of KSUM said early product adoption is always critical for startups to scale up and government as an adopter helps startups grow exponentially while adopting innovative solutions.
Project Head of Government as a marketplace, Shri Varun G said so far, under this project, around 188 procurements totalling Rs 17 crore have been done. This project has also been approved by Startup India and Department for Promotion of Industry and Internal Trade (DPIIT) and replicated in various states as the best practices to follow.
Around 107 government departments are beneficiaries of the ‘Government as a marketplace’ project. Also, world class startups like Genrobotics, Bagmo etc have developed innovative solutions through this project.
The government has also issued guidelines for departments on obtaining products and services from startups through projects like Market Placement Scheme, Demand Day, Demo Day, and Direct Procurement and Innovation Zone.
As per the new GO, startups having completed three years from the date of their registration or three years from the date of the product approval by KSUM are eligible for getting benefits of the scheme. Also, any startup that relocates to Kerala can avail the benefits of the ‘Government as a market place’ project.
KSUM is the nodal agency of the Kerala Government for entrepreneurship development and incubation activities in the state.
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