Booster Kit initiative launched to facilitate growth of Startups
Bengalurum, NFAPost: Karnataka IT/BT Minister C N Ashwath Narayan launched the ‘Booster Kit’ initiative on Friday which aims to support the growth of startups in the state.
As part of the initiative the government inked 9 MoUS at Bengaluru Tech Summit 22 with ecosystem partners which included Google, Paytm, HDFC, RazorPay, Microsoft, The GAIN, Dayanand Sagar Entrepreneurship Research and Business incubation, AWS Activate and StrongHer Ventures. On behalf of the government, the officials of the Department of IT/BT and Karnataka innovation and Technology Society (KITS) signed the MoUs.
Speaking on the occasion, IT/BT Minister C N Ashwath Narayan said as per the initiative Startups which have got registered in ‘Karnataka Startup Cell’ will get banking, fintech, market expansion, sustainable business and transaction supports.
“The Initiative also includes accelerator support, incubation support and guidance for women entrepreneurs besides providing cloud based services. The initiative would also facilitate office infra structure, laboratories, experience of experts and necessary funding,” said Karnataka IT/BT Minister C N Ashwath Narayan.
Karnataka IT/BT Minister C N Ashwath Narayan added that Startups should play crucial role in the economic growth of the state and increase their contribution for the digital economy.
E.V. Ramana Reddy, ACS, Department of iT/ BT, Meena Nagaraj, MD, KITS and representatives of the ecosystem partner Companies were present.
