IIM-K, Cochin Shipyard Ltd Sign Agreement To Support Maritime Sector Startups

The Indian Institute of Management-Kozhikode (IIMK) and the Cochin Shipyard Limited (CSL) have formed a partnership to promote marine start-ups. In order to strengthen efforts to develop an ecosystem for supporting marine entrepreneurs from technical, regulatory, financial, and marketing perspectives. Under this program, start-ups can get up to Rs 50 lakh in seed grants, Rs one crore in prototyping awards, and equity capital for start-ups at the scale-up stage.