Visakhapatnam :

Chief minister N Chandrababu Naidu along with Sun Microsystems co-founder Vinod Khosla will attend the launch of operations at the refurbished Sunrise Start-Up Village at Rushikonda here on December 17.

The CM will also participate in a CEOs Conclave to be held here on the same day and is expected to roll out a red carpet for investors to come to Andhra Pradesh, particularly to Visakhapatnam.

The IT incubation centre, now named ‘Sunrise Start-up Village’ has been built at a cost of Rs 25 crore atop Rushikonda hill for promoting the IT sector in Visakhapatnam. It was inaugurated on September 29 in the presence of Infosys co-founder Kris Gopalakrishnan. However, the incubation tower had to undergo major repairs following the damage caused by Hudhud cyclone. The operation launch was originally scheduled for Dec 12 but has been postponed to Dec 17. “The repairs have now been completed. In a couple of days, we will hand over the premises to the five companies which were allocated office space,” said an official of the Andhra Pradesh Industrial Infrastructure Corporation (APIIC).

The first of its kind in the state, the Sunrise Start-Up Village will promote enterprises by first generation entrepreneurs and the government has already entered into an agreement with MobMe Wireless Limited of the Kochi Start-Up Village for maintaining the incubation tower.

In a bid to promote the village, the chief minister will participate in an interaction with the representatives of about 40 small firms.

source: http://www.newindianexpress.com / The New Indian Express / Home> States> Andhra Pradesh / by Express News Service / December 11th, 2014