India will soon have its first startup district government plans to set up it with the entire infrastructure with incubation centres and about 20 tinkering labs for schools aimed at encouraging the creation of innovative solutions in agriculture, health and education.
The first start-up ecosystem is expected to come up in Mangalore, Karnataka, commerce and industry minister Nirmala Sitaraman, who is a Rajya Sabha MP from Karnataka, said. The idea is to expand the startup drive in cities other than Bengaluru and Hyderabad.
The government will fund the effort and ensure that roads, electricity and digital networks are provided for the one of the largest upcoming incubation facilities in the country.
The incubation centres will offer specialised services for sectors, including agriculture, medicine and pharma, along with information technology.
The Department of Industrial Policy and Promotion (DIPP) and the NITI Aayog will throw open a grand challenge in March to select the institution that will run the incubation centres and the school-level tinkering labs.
The government plans to create sector-specific incubators under the Atal Innovation Mission along with 500 tinkering labs to promote entrepreneurship, provide pre-incubation training and a seed fund for high-growth startups as part of the Startup India action plan announced by Prime Minister Narendra Modi in January 2016.
Recently, US-based Silicon Valley’s famous entrepreneur Gururaj Deshpande announced that India will soon have its largest startup incubator in Hubli, Karnataka and now with the announcement of first startup district, government has add up more to the promising future for Karnataka’s startup ecosystem.