Technopark has finalised a land lease agreement with the Development Commissioner of Micro, Small, and Medium Enterprises (MSME) of the Union government to set up an MSME Technology Centre at Technopark Phase-IV (Technocity) in Thiruvananthapuram, Kerala. The lease agreement was exchanged in the presence of Secretary, Electronics and IT Department, Rathan Kelkar.

As per the agreement, around 9.5 acres of land in the Technocity will be leased out for a period of 90 years to establish a technology centre with the primary focus to support industries particularly MSME, by providing access to advanced manufacturing technologies, providing opportunities for technical skill development to the youth and extending technical and business advisory support. 

The facility, being developed under the Technology Centres and Extension Centres (TCEC) scheme of the Ministry of MSME, will augment the overall digital ecosystem of Kerala by providing access to advanced technologies, skill training, common facilities, technical support and business services to MSMEs.