Booster kit for start-ups

Karnataka has unveiled a booster kit to nurture start-ups in the state with funding and hand-holding till they flourish. “The booster kit provides software tools, cloud credits, access to mentors, legal and consulting accountants and access to government funding and government supported incubators,” state IT & BT Minister Priyanka Kharge told reporters here. Announcing Rs.400 crore funding over the next four years as grant or equity for start-ups, micro and small IT and BT (biotech) enterprises, he said the Karnataka Biotechnology and IT Services (KBITS) would also help them in marketing and promotion.

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