Achievements In The First 100 Days
- The Government highlighted its commitment to foster tech entrepreneurship by successfully organising a grand event in the form of the Bangalore Tech Summit.
- The Government launched the Global Innovation Alliances Market Access Program (GIA MAP) at Bengaluru Tech Summit 2019 to assist start-ups in entering new markets, establish international partnerships, and increase global sales. Through this program, start-up ecosystems of Karnataka and the GIA partner involved will benefit mutually by sending and receiving start-ups. The startup exchanges are being planned with Germany, Australia and the Netherlands.
- The State Government has set up the Karnataka Innovation Authority (KIA) to empower startups and support their latest methods in the field of innovation. The KIA provides the enabling framework for the creation of Regulatory Sandboxes in the state. Karnataka has obtained the distinction of establishing the first Non Sector Specific (i.e All Sector) Regulatory Sandbox in the world.
- The State Government launched a Vision Group for Startups to ensure constructive engagement with the start-up ecosystem and help in transforming Karnataka into a hub for innovation.
- The government has announced that Bangalore would get free WiFi hotspots. The government has agreed to facilitate ACT Fibernet in providing free WiFi connectivity with around 4000 hotspots across the city and one-hour 1GB free internet connectivity / day.
- The government in collaboration with the Manipal Academy of Higher Education (MAHE) launched the Bioincubator Centre at Manipal on 25 October to nurture innovations and push innovative ideas towards product commercialisation. This world class bio-incubation space with cutting edge access to expertise and infrastructure is for start-ups, entrepreneurs, innovators, faculty and students.
- The State Government has announced the second cohort of 14 Bio-startups under the Karnataka Bio-Startup Advancement Program (K-SAP BIO 50) by exchange of agreements between selected startups and Centre for Cellular and Molecular Platforms (C-CAMP). This program mentors the Bio-startups and helps them improve their ideas in order to succeed the vibrant biotech ecosystem of the State.
Budget Announcements In 2020
New Initiatives In Light Of Covid-19