ENA Sectors 2018-06-12 09:39:57 <p><strong>Kozhikode, June 12 (KNN) </strong>In the recent round of admissions in IIM-K LIVE (Laboratory for Innovation, Venturing and Entrepreneurship), the business incubator at Indian Institute of Management (IIM), Kozhikode has added 11 more startups.</p> <p>IIM-K LIVE, which completed two years this month, has so far impacted 18 startups as part of its flagship business incubation program.</p> <p>The recent round of 11 startup admissions to IIM-K LIVE was held in May, making the total startup strength to 29, at present.</p> <p>IIM-K has said, Together, these startups have created more than 50 direct jobs and over 100 jobs indirectly.</p> <p>Five of these startups have got approval for seed funds from external agencies and angel investors, it added.</p> <p>IIM-K LIVE is an initiative of IIM Kozhikode to build a unique startup ecosystem on campus to contribute to the nation's economic goals.</p> <p>The initiative has been supported by Department of Science and Technology (DST), Government of India with an initial grant.</p> <p>It leverages the institute's existing strength of expertise in management, intellectual resources and the global network of alumni apart from the bright talent in its programs on campus.</p> 20051 http://knnindia.co.in/news/newsdetails/sectors/iim-k-live-business-incubator-adds-11-more-startups-in-recent-round-of-admissions 2018-06-12 09:39:57 knnindia.co.in