If you are an aspiring entrepreneur in the Malabar region of Kerala, you might have heard of MiZone, or Malabar Innovation & Entrepreneurship Zone. But what exactly is MiZone and how can it help you turn your ideas into reality? In this blog post, we will explain what MiZone is, what it does, and how you can benefit from its services and facilities.
MiZone is a non-profit organization that aims to create a vibrant startup ecosystem in the Malabar region by providing support and guidance to entrepreneurs who have business proposals with a focus on applying disruptive advances in information technology to enable new business opportunities preferably relevant to the Indian context. MiZone was founded by a group of successful businessmen, corporate professionals, academicians, and policy makers from the region who wanted to give back to their homeland and create employment and economic development.
MiZone offers various services to startups, such as incubation, mentoring, funding, and help desk. Let’s look at each of these services in more detail.
- Incubation: MiZone assists startups by providing them with affordable office space, fully air-conditioned workstations, conference rooms, discussion rooms, free internet, electricity, furniture, surveillance and access control system, uninterrupted power backup, housekeeping and maintenance, resource pool and common branding, drinking water, parking facility, and resume data bank. MiZone has partnered with Kerala Start-up Mission and Kerala Clays & Ceramic Products Ltd to set up a technology incubator that can accommodate more than 300 entrepreneurs in Dharmasala Kannur.
- Mentoring: MiZone connects startups with a pool of mentors who are experts in business management, technology, and domain areas. Startups can seek mentorship in areas they need external advice and guidance. MiZone also organizes workshops, seminars, webinars, and networking events to expose startups to the latest trends and best practices in the industry.
- Funding: MiZone helps startups access seed funds in the form of equity infusion and convertible loans from Malabar angel investors as per the guidelines of the Kerala Start-up Mission and SEBI rules and regulations. MiZone also facilitates pitch sessions, investor meets, and due diligence processes for startups seeking funding.
- Help Desk: MiZone provides a free help desk service for all entrepreneurs including startups, medium, small and micro enterprises (MSMEs). The help desk service includes clearing doubts, offering advisory services on different areas of the business such as organization registration, statutory taxes, licenses, approvals from government/local self-government institutions, various loans/schemes and financial/marketing/operational/taxation issues, introducing latest technology etc. A panel of experts in various sectors will address the queries from the entrepreneurs.
If you are interested in joining MiZone or learning more about it, you can visit their website https://mizone.in/ or contact them at admin@mizone.in or +91 7034112113 or +91 7688 916 916.
MiZone is a great opportunity for entrepreneurs in the Malabar region to realize their dreams and contribute to the social and economic development of their region. We hope this blog post has given you a clear idea of what MiZone is and how it can help you. Thank you for reading!