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Start-up incubation centre for Mangaluru

Press Trust of India  |  Mangaluru 

The Central has approved a start-up incubation centre for Mangaluru to provide basic facilities for people intending to set up self-employment units, Union Minister said.

The Centre would start functioning within four monthswith an investment of Rs 1.18 crore, she said.

Facilities would be provided to 60 start-up companies at the centre in the initial phase, the Minister of state for for Commerce andIndustry said after inspecting the site identified for the centre here last evening.

The start-up companies could function here for aspecified term and required facilities would be provided in the second floor of the corporation sub office.

Kanara Chamber of Commerce and Industry, Nitte University, National lnstitute of Technology, (NIT-K) and the National Association of Software and Services Companies (NASSCOM) would extend assistance to the centre, shesaid.

The minister directed Dakshina Kannada district DeputyCommissioner K G Jagadeesh to provide technical assistance,separate cabins, power, 4G internet facility, 3D printers, cafeteria and other facilities required by the companies.

The start-up companies could function at the incubation centre for a week or a month during which they would get the opportunity to hold consultations with intendingcustomers about the marketing of their products, she had said.

Nalin Kumar Kateel MP, Shobha Karandlaje MP and citymayor Kavita Sanil, were present during the inspection.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, June 17 2017. 15:42 IST