TN plans special purpose vehicle for co-working space project
The SPV will work independently from the govt to manage the daily work of the co-working spaces. Officials, who participated in the meeting involving the CMDA, special projects and urban development department, said the chief minister wanted to ensure that all the 30 planned centres functioned continuously, irrespective of which govt or bureaucrats are heading departments.
"As of now, the lone co-working centre at Kolathur is being jointly managed by the CMDA and GCC.
This is not sustainable in the long run, as officials may change, and coordination and funding issues may arise. Hence, the new SPV will directly be funded by the govt and will have its own executive powers to maintain the centres on the lines of CMRL, CUMTA, or Smart City," the official said.
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CMDA member-secretary G Prakash said they plan to host recruitment agencies in the co-working spaces, including big firms, either online or on-campus, to hire members to their requirements.
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"The interview and vetting of profiles will be done by the agencies while it will also popularise co-working spaces among professionals as an authentic job placement forum. The move is set to roll out in a few months once the SPV is formed," he said, adding that a portal will be formed with job data and camp details too.
He added that several professionals come to the co-working spaces, and whoever is willing to provide their work data voluntarily can benefit from the recruitment system. "Every day, about 100 people come to the centre in Kolathur, and the numbers will increase once all 29 centres are opened. The placement system will be free too as the SPV will merely coordinate with companies and start-ups," said Prakash.
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