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Karnataka funds start-ups to promote tourism

There were 127 online registrations, of which the 8 were shortlisted

Apurva Venkat  |  Bengaluru 

Karnataka funds start-ups to promote tourism

has provided funds to eight local that presented ideas to promote tourism in the state.

government’s start-up policy aims to nurture 20,000 technology-based and 6,000 product-based firms. The policy intervention of the government along with the support of industry and investors is helping us achieve this target. I’m confident that ‘Idea2POC’ initiative along with the new-age incubation network of the state government will encourage innovation and entrepreneurship,” Chief Minister said. These will build platforms ranging from promoting hostel tourism, building apps to identify verified information of restaurants, digital imaging and audio guides. The funding was given under the Idea to Proof of Concept Grant Scheme of the the state government’s start-up policy. This is the first time a state government conducted a challenge to fund  



There were 127 online registrations, of which the eight were shortlisted and will receive funds ranging from Rs 5 lakh to Rs 50 lakh. The challenge was organised by start-up cell, IT department, BT department and tourism department. 

offers entrepreneurs a support system to explore, develop and launch their best ideas. The scheme is designed to identify, mentor and fund enterprising tourism in who can create a deeper, immersive experiences around states' manifold riches,” said Priyank Kharge, the minister of state IT, BT & tourism, Government of  

“The objective is to encourage innovators who may need early-stage funding to stimulate commercialisation of their inventions and to help in validating proof of concept. We use a team-based approach to mentoring that gives the entrepreneurs more perspectives from different angles,” Kharge added. 

is an ‘Ignition Fund’ given in the form of Grant-in-aid but limited to a one-time grant of up to Rs 50 lakh. Funding shall be released in tranches based on the life cycle of the business plan. 

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Karnataka funds start-ups to promote tourism

There were 127 online registrations, of which the 8 were shortlisted

There were 127 online registrations, of which the 8 were shortlisted has provided funds to eight local that presented ideas to promote tourism in the state.

government’s start-up policy aims to nurture 20,000 technology-based and 6,000 product-based firms. The policy intervention of the government along with the support of industry and investors is helping us achieve this target. I’m confident that ‘Idea2POC’ initiative along with the new-age incubation network of the state government will encourage innovation and entrepreneurship,” Chief Minister said. These will build platforms ranging from promoting hostel tourism, building apps to identify verified information of restaurants, digital imaging and audio guides. The funding was given under the Idea to Proof of Concept Grant Scheme of the the state government’s start-up policy. This is the first time a state government conducted a challenge to fund  

There were 127 online registrations, of which the eight were shortlisted and will receive funds ranging from Rs 5 lakh to Rs 50 lakh. The challenge was organised by start-up cell, IT department, BT department and tourism department. 

offers entrepreneurs a support system to explore, develop and launch their best ideas. The scheme is designed to identify, mentor and fund enterprising tourism in who can create a deeper, immersive experiences around states' manifold riches,” said Priyank Kharge, the minister of state IT, BT & tourism, Government of  

“The objective is to encourage innovators who may need early-stage funding to stimulate commercialisation of their inventions and to help in validating proof of concept. We use a team-based approach to mentoring that gives the entrepreneurs more perspectives from different angles,” Kharge added. 

is an ‘Ignition Fund’ given in the form of Grant-in-aid but limited to a one-time grant of up to Rs 50 lakh. Funding shall be released in tranches based on the life cycle of the business plan. 
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Business Standard
177 22

Karnataka funds start-ups to promote tourism

There were 127 online registrations, of which the 8 were shortlisted

has provided funds to eight local that presented ideas to promote tourism in the state.

government’s start-up policy aims to nurture 20,000 technology-based and 6,000 product-based firms. The policy intervention of the government along with the support of industry and investors is helping us achieve this target. I’m confident that ‘Idea2POC’ initiative along with the new-age incubation network of the state government will encourage innovation and entrepreneurship,” Chief Minister said. These will build platforms ranging from promoting hostel tourism, building apps to identify verified information of restaurants, digital imaging and audio guides. The funding was given under the Idea to Proof of Concept Grant Scheme of the the state government’s start-up policy. This is the first time a state government conducted a challenge to fund  

There were 127 online registrations, of which the eight were shortlisted and will receive funds ranging from Rs 5 lakh to Rs 50 lakh. The challenge was organised by start-up cell, IT department, BT department and tourism department. 

offers entrepreneurs a support system to explore, develop and launch their best ideas. The scheme is designed to identify, mentor and fund enterprising tourism in who can create a deeper, immersive experiences around states' manifold riches,” said Priyank Kharge, the minister of state IT, BT & tourism, Government of  

“The objective is to encourage innovators who may need early-stage funding to stimulate commercialisation of their inventions and to help in validating proof of concept. We use a team-based approach to mentoring that gives the entrepreneurs more perspectives from different angles,” Kharge added. 

is an ‘Ignition Fund’ given in the form of Grant-in-aid but limited to a one-time grant of up to Rs 50 lakh. Funding shall be released in tranches based on the life cycle of the business plan. 

image
Business Standard
177 22