Express Computer
Home  »  News  »  Karnataka govt to set up IT start-up warehouse

Karnataka govt to set up IT start-up warehouse

0 411

In a big push to IT infrastructure in the state and creating a start-up conducive ecosystem, the Karnataka government on Tuesday announced setting up a 50,000-sq ft start-up warehouse in Bangalore, in association with IT industry body Nasscom.

The state government will invest Rs 4-5 crore into the project, which is likely to be operational by November.

The government has identified two locations for the warehouse in Bangalore and will zero in on one soon. The warehouse will have a design centre of excellence, working space for daily use on pay-as-you-go basis, a mobile devices lab and an internet of things lab.

Once completed, the facility will have the capacity to house over 100 start-ups comprising up to 12 employees each on a 24×7 basis.

The government and Nasscom also announced a 500-seater Hack-celerator, a combination of a hackathon and an accelerator, which will be integrated into the warehouse facility.

“Around three-four large companies will be co-sponsors of the Hack-celerator.

It will be up by November. We will be sector-agnostic while on-boarding the start-ups. The government and Nasscom will peruse the applications and they will be selected based on merit,” said Karnataka IT Secretary Srivatsa Krishna.

Besides, the government is also contemplating providing plug and play built-up space with internet to the start-ups at anything between Rs 5-15 per sq ft. A start-up warehouse set up by the Karnataka government together with Nasscom last year had resulted in 28 start-ups creating more than 100 jobs. At least six of these companies are serving the global market.

Work is also underway to transform Karnataka into a WiFi enabled state in the next one year. “Bangalore became the first city in India to launch free public WiFi earlier this year. Additional locations are being added. It is proposed to have this facility in entire Bangalore and in all the district capitals. EoI has been called and six companies have responded.

Evaluation is under process. Entire process will be completed in six months,” Karnataka IT minister S R Patil told reporters.

The Karnataka government also announced a slew of measure to boost the IT ecosystem in the state, which accounts for one-third of the country’s IT exports. New age incubation centres will be set up in nine engineering colleges — each receiving Rs 40 lakh over three years — outside Bangalore, while hackathons will be conducted in Bagalkot, Tumkur and Dharwad districts to include rural youth in the state’s IT story.

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

LIVE Webinar

Digitize your HR practice with extensions to success factors

Join us for a virtual meeting on how organizations can use these extensions to not just provide a better experience to its’ employees, but also to significantly improve the efficiency of the HR processes
REGISTER NOW 

Stay updated with News, Trending Stories & Conferences with Express Computer
Follow us on Linkedin
India's Leading e-Governance Summit is here!!! Attend and Know more.
Register Now!
close-image
Attend Webinar & Enhance Your Organisation's Digital Experience.
Register Now
close-image
Enable A Truly Seamless & Secure Workplace.
Register Now
close-image
Attend Inida's Largest BFSI Technology Conclave!
Register Now
close-image
Know how to protect your company in digital era.
Register Now
close-image
Protect Your Critical Assets From Well-Organized Hackers
Register Now
close-image
Find Solutions to Maintain Productivity
Register Now
close-image
Live Webinar : Improve customer experience with Voice Bots
Register Now
close-image
Live Event: Technology Day- Kerala, E- Governance Champions Awards
Register Now
close-image
Virtual Conference : Learn to Automate complex Business Processes
Register Now
close-image