Monday, 21st May 2018, 02:21:12 PM
 
Current Affairs
  • Trump administration plans to end work permits for H-1B visa spouses
  • gaana icon of the Day Starbucks to shut 8,000 stores on May 29 for racial bias training
  • Air-conditioner industry to experience massive growth through e-commerce portal
  • NRI billionaire Yusuffali to acquire UK ' s water brand
  • 46% of India's workforce plan to change their employer this year: Randstad study

 Never Innovate To Compete, Innovate To Change The Rules Of The Game - Startup Karnataka 

Date of Publish - Tuesday, 6th March 2018

"Karnataka government has set an example with INR 415cr in funding for a world class startup ecosystem"

Leading initiatives by the Karnataka government has attracted global investors and startups to set up base in the state.

Government initiatives have also led to increased confidence in startup founders to invest in the state.

Karnataka Startup Policy 2015 - 2020

Karnataka government has instituted a visionary startup policy.

The government aims to build and support 20,000 technology based startups including 6000 product startups by 2020.

They also aim to mobilize INR 2000crore (USD 333mn) in funding for startups, by leveraging the fund of funds.

Karnataka government will also focus on supporting 25 innovative technology solutions with social relevance and impact.

We think we can build many a world-beating firm out of India in the next decade using an Indian Engineering base.

"The funding goal is to mobilize USD 333mn for startups by leveraging the fund of funds

Author:
Karunakara M Reddy

0 Comments

Leave a Comment