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The Government of Karnataka intends to boost technology-based start-up companies. Information Technology Minister K J George said that the government is establishing five technology hubs across Karnataka for start-up companies to innovate in product manufacturing, and cater to the domestic and export markets.
George said that the government set up the first of such hubs (K-Tech Hub) in Belagavi in north-west Karnataka and the second hub in Bengaluru last Monday. He said that the Karnataka government would establish three more hubs in Mangaluru, Mysuru and Shivamogga.
According to George, setting up four hubs in tier-two cities across Karnataka will be an advantage to manufacturing clusters around them. They can hire local talent from colleges and institutions in the respective regions.
The state government had these hubs to be designed as a prototyping facility with co-working. These hubs also have office space and amenities for the businesses to nurture ideas and innovate products.
Start-ups will have the benefit of IT-enabled ecosystem that the hubs offer. This would encourage local entrepreneurs to invest to create jobs and overall development of the region.
Stakeholders can involve with these hubs, which attract talent, promote and nurture entrepreneurship for more start-ups, George added. With path-breaking technologies offering opportunities, the hubs will help Karnataka consolidate its leadership position in the country.[/vc_column_text][/vc_column][/vc_row]
