Keralam Economy Economy & Banking Science & Technology

Keralam plans ten research incubators under TRIC-K and aims for 100 startups earning over Rs 100 crore a year

12 November 2026

Opening the eighth Huddle Global at Kovalam on 12 November, Chief Minister V.D. Satheesan said Keralam's startup policy will now stress quality over numbers.
The State has more than 9,200 startups with over 76,000 jobs, built on the Technology Startup Policy of 2014.
The new goal is more than 100 startups with annual revenue above Rs 100 crore each.
Ten research-driven incubators will come up through the Translational Research and Innovation Centre-Kerala (TRIC-K), which is hosted at the University of Kerala and links academia with industry.
New debt-financing tools are planned through the Kerala Financial Corporation (KFC) and the Kerala State Industrial Development Corporation (KSIDC).
Huddle Global is organised by the Keralam Startup Mission (KSUM).

Startups in Keralam: more than 9,200 New incubators: 10 Revenue target per startup: over Rs 100 crore a year

Why it matters for exams: TRIC-K at the University of Kerala, KSUM as the organiser of Huddle Global and the 2014 Technology Startup Policy are the durable facts.

Kerala PSCUPSC

12 November 2026 Source: Mathrubhumi English (PTI)

In plain words

TRIC-K Translational Research and Innovation Centre-Kerala — An academic-industry incubator hosted at the University of Kerala.

KSUM Kerala Startup Mission — The State agency for startups that runs Huddle Global.

Incubator Incubator — A centre that gives early startups space, mentoring and funding links.