Question

Which of the following are key functions of KSUM?

1. Promoting entrepreneurship in the state.
2. Implementing the Kerala Technology Startup Policy.
3. Creating the necessary infrastructure and ecosystem for startups.
4. Providing direct funding for established large-scale industries.

• A. i, ii, iii
• B. i only
• C. ii only
• D. i, ii

Answer 1

Answer:

A. i, ii, iii

• The Kerala Startup Mission (KSUM) is mandated with a multi-faceted approach to boost the startup ecosystem.

• Its responsibilities include actively promoting entrepreneurial activities, ensuring the effective implementation of policies designed to support startups, and building the essential infrastructure and a conducive environment for new businesses to thrive.

• While KSUM supports startups, its focus is not on funding established large-scale industries.