In August 2024, which state launched the ‘Dreamvestor’ project aimed at nurturing innovative entrepreneurial ideas among students and assisting them in starting ventures?

The correct answer is Kerala.

Key Points

• The 'Dreamvestor' project was launched by the state of Kerala in August 2024.
• The initiative aims to nurture entrepreneurial ideas among students and help them develop innovative start-ups.
• The project emphasizes providing resources, mentorship, and funding to students with innovative business proposals.
• 'Dreamvestor' is part of Kerala's broader strategy to promote a start-up ecosystem and foster innovation-driven enterprises.
• This initiative aligns with Kerala's focus on youth empowerment and boosting its position as a hub for entrepreneurship and innovation in India.

Additional Information

• Kerala Start-up Mission (KSUM):
  • KSUM is the state’s nodal agency for promoting entrepreneurship and innovation.
  • It provides infrastructure, mentoring, and funding support to budding start-ups.
• Innovation Hubs in Kerala:
  • Kerala has established multiple innovation hubs and incubation centers to support start-up growth.
  • These include the Integrated Start-up Complex in Kochi, one of the largest start-up facilities in India.
• Focus on Skill Development:
  • The state actively conducts entrepreneurship development programs to equip students with necessary skills.
  • Initiatives like 'Young Innovators Programme' encourage students to explore practical solutions to real-world problems.
• Kerala’s Start-up Policy:
  • Kerala has a comprehensive start-up policy aimed at fostering a culture of innovation and entrepreneurship.
  • The policy includes provisions for tax incentives, funding support, and infrastructure development.