Kerala recognised for its business incubation leadership

21st May 2023
Kerala recognised for its business incubation leadership
Dr Rathan U Kelkar, Secretary (Electronics & IT), Government of Kerala Anoop Ambika, CEO, KSUM, with UBI Global CEO Mr Ali Amin and DMZ Executive Director Mr Abdullah Snobar, after receiving UBI Global Award at the UBI Global World Rankings 2021-2022 event in Ghent, Belgium..

Thiruvananthapuram, May 21 2023: Kerala Startup Mission (KSUM) has been ranked as the world's top public business incubator by the UBI Global World Benchmark Study 2021-2022 of Business Incubators and Accelerators.
“KSUM’s incubation programmes demonstrated exceptional value for client startups, value for the local ecosystem, and overall attractiveness as a programme. Following a rigorous data-driven approach, we assessed and benchmarked incubation organisations across the world,” said Head of Research at UBI Global,  Joshuah Sowah.
Secretary (Electronics & IT), Government of Kerala, Dr Rathan U Kelkar, and KSUM CEO Anoop Ambika, jointly received the honour for KSUM at the UBI Global World Rankings 2021-2022 event held as part of the World Incubation Summit in Ghent, Belgium last week..
UBI Global is a Sweden-based innovation intelligence company and community founded in 2013 in Stockholm.
KSUM’s innovative programmes including the virtual incubation programme, ‘Fail Fast or Succeed’ (FFS), physical incubation support provided for startups at various stages, and the systematic funding mechanism for startups that offers grants from ideation stage to market acceleration have all played a key role in getting this momentous global recognition, he added.
For the sixth edition of the World Benchmark Study of business incubators and accelerators conducted by UBI Global, 1895 organizations were assessed, 356 of these organizations applied to participate in the study, and 109 were benchmarked.
Back in 2019, UBI Global recognised KSUM as world’s No. 1 public business accelerator.