State IT Secretary M Sivasankar said the state government's project is the first-of-its-kind in India. "The participation of teachers, with active support from college authorities and parents, will bring experience and responsibility in the startups," he said.
Saji Gopinath said the KSUM had submitted the proposal to the government to give an impetus to the functioning of startups and culture of innovation. "The initiative will greatly contribute to the government's determined efforts to strengthen and accelerate the startup ecosystem through active participation of the teaching community," he said.
As per the proposal guidelines, faculty members can avail sabbatical leave with or without pay from their institutions. The scheme is open only to regular teachers of the institutions, the release said.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)