Karnataka Approves Innovation and Biotech Projects Worth Rs 27 Crore

Karnataka Government Approves Initiatives Worth Rs 27.19 Crore to Strengthen Startup Ecosystem

The Karnataka government has approved four innovation, biotechnology, and industry-academia initiatives worth Rs 27.19 crore to strengthen the state's startup ecosystem, research capabilities, and deep-tech innovation landscape. The projects will be implemented through the Department of Electronics, Information Technology, Biotechnology, and Science & Technology (ITBT), Karnataka Innovation and Technology Society (KITS), Karnataka Digital Economy Mission (KDEM), academic institutions, and ecosystem partners.

The initiatives aim to accelerate startup growth, strengthen industry-academia collaboration, expand biotechnology infrastructure, and support indigenous technology development. The government has allocated funds for several projects, including the establishment of a startup accelerator in Mangaluru, industry-academia partnerships, the development of an advanced surgical assistive robot, and the expansion of genome editing infrastructure.