PROXLEERA to drive initiative to form VLSI design centre at the tech cluster
The synergy will initiate a Global Entrepreneurship Centre (GEC) to harbour more than 100 start-ups for innovation and enterprise establishment
Focus on innovative technologies in the areas of Rural Livelihoods, Healthcare and Education, Energy, Waste Management and Sanitation among others
Bengaluru, NFAPost: The Karnataka Digital Economy Mission (KDEM) in its endeavour to augment India’s startup ecosystem and collaborative innovation, entered into a Memorandum of Understanding (MoU) with Sri Jayachamarajendra College of Engineering-Science & Technology Entrepreneurs Park (SJCE-STEP) in Mysuru.
This MoU highlights KDEM’s prowess in intensifying its drive to build a robust startup ecosystem while spotlighting skill development, employment generation, and overall development across Karnataka.
The MoU will help KDEM and SJCE-STEP to create a symbiosis of investment support, mentorship, start-up incubation, and rural entrepreneurship. It also envisages PROXLEERA to drive an initiative to form VLSI design centre at the tech cluster in the city.
KDEM will function as a knowledge bridge between the Government of Karnataka and the industry and will facilitate the setting up of a Global Entrepreneurship Centre in order to accommodate more than 100 start-ups. Together, KDEM and SJCE-STEP will provide unsurpassed facilities for enterprise establishment and innovation.
Speaking on this important development, KDEM Chairman B V Naidu said the Karnataka Digital Economy Mission has been unwavering in its commitment to harness the limitless potential of the state’s digital economy in order to transform the lives of the people.
“This MoU with SJCE-STEP is a stride in this direction and with their expertise, it will surely give us leverage in reinforcing talent building, stimulating entrepreneurship and innovation throughout Karnataka,” said KDEM Chairman B V Naidu.
Commenting on the initiative, Karnataka Department of Electronics, IT-BT and S&T Additional Chief Secretary E V Ramana Reddy said he congratulate KDEM and SJCE-STEP for creating this platform for the state of Karnataka to connect and boost an innovation ecosystem in the city of Mysuru.
“Global players like Infosys, Wipro, IBM, L&T, etc have played a vital role in nurturing the talent and providing global exposure to the local ecosystem. We now look forward to PROXLEERA furthering the ecosystem of Mysuru and Karnataka and supporting the initiatives of the Government of Karnataka to keep reaching global heights,” said Karnataka Department of Electronics, IT-BT & S&T Additional Chief Secretary E V Ramana Reddy while attending the event virtually.
With the VLSI design expertise and IT projects in the Digital and Analog domain, Karnataka Department of Electronics, IT-BT & S&T Additional Chief Secretary E V Ramana Reddy said Mysuru will learn a lot from the companies.
“PROXLEERA will also benefit from the rapidly increasing skilled workforce. Karnataka has always been at the forefront in promoting the idea of innovation and a tech-focused ecosystem and we can further accelerate this by supporting the smaller cities and thereby facilitating their transformation into an economic powerhouse,” said Karnataka Department of Electronics, IT-BT & S&T Additional Chief Secretary E V Ramana Reddy.
Expressing happiness over the partnership, Lahari MD and CEO Sanjeev Kumar Gupta said KDEM and SJEC-STEP will leverage its unique strengths to proliferate the growth of a world-class digital ecosystem in the state of Karnataka.
“Our mission is to go beyond attracting investments, Together, we aim at strengthening the deep tech ecosystem in cluster markets by creating a scalable infrastructure and robust skill-poll of global standards. This initiative will play a pivotal role in furthering skill development in the technology space for the youth and boost employment while stimulating talent,” said Lahari MD and CEO Sanjeev Kumar Gupta.
He also said the initiative will be to go above and beyond the purview of this MoU in creating a robust entrepreneur ecosystem.
Established in 1985, the SJCE Science & Technology Entrepreneurs Park (STEP) has evolved and groomed entrepreneurs while promoting more than 300+ enterprises. Over the years, SJEC-STEP has successfully collaborated with R&D centres, industries, and institutions to leverage skill and knowledge for the rising student community.
Commenting on the MoU, SJCE-STEP Chief Executive Officer Shiv Shankar said it gives immense pleasure to partner with KDEM and be a part of their game-changing mission.
“With KDEM’s reach and our expertise, we are very hopeful of enabling an enriching platform to the ascending start-up environment of Karnataka,” SJCE-STEP Chief Executive Officer Shiv Shankar.
SJCE-STEP has a wide range of entrepreneurs, mentors, and expertise from all sectors on board along with strong support from industry partners such as ALTAIR, METI, Rang-Sons, Vinays, Design Tech and Ecosystem Partners such as MSME, K-Tech, TiE, DST, CII, MEITY, EDII, CFTRI. SJCE-STEP has impacted over 20,000 people, conducted more than 1,000 training programs, and incubated to establish 150+ enterprises.
About Karnataka Digital Economy Mission (KDEM)
With an objective to increase the share of the Digital economy in the state, the Government of Karnataka set up the Karnataka Digital Economy Mission (KDEM), a Section-8 organisation, which acts as a knowledge bridge between the industry and the government.
To meet the objectives, KDEM has been working towards the five focus areas, viz. IT products & services, BPM & GCC promotion; innovations & startups; ESDM; Beyond Bengaluru; and talent accelerator.
