Presented at the TIA Summit- 2017 www.tiasummit.com

1. Department of IT, BT and S&T
Karnataka Startup
Policy 2015-20
Schemes & Benefits

2. Karnataka’s Innovation Ecosystem
Presence of prominent players
4000+
No. of start-ups in
Bengaluru
1st
State to announce multi-
sector startup policy
2nd
Fastest growing
start-up ecosystem
$3.3
Average valuation
of startups in the
state
#20
Bengaluru ranked
among world’s top 20
startup ecosystems
mn

3. Important Milestones
GoK -
NASSCOM
Startup
Warehouse
(2013)
New Age
Incubation
Network
(2014)
Bangalore Bio
Innovation
Centre
(February 2015)
Karnataka’s
Multi-sector
Startup Policy
(November
2015)
Start Up India
(2016)

4. Karnataka’s Innovation Framework
Strategies
Goals
Encouraging
Entrepreneurship in
Education through NAIN
(New Age Incubation
Network)
Fostering strong
partnerships between
R&D institutions and
Industry
Providing early
stage/Idea2PoC(Proof
of Concept) funding
Creating Incubation
infrastructure through
PPP
Start-up funding
through Fund of Funds
Channelizing
Innovation for Social
Impact
Promoting Capacity
Building through
exposure visits and
workshops
Providing State support
in the form of incentives
and concessions
Enablement through
start-up cell, Startup
Portal and Hotline
Towards a
world-class
startup
ecosystem
through
strategic
investment
and policy
interventions
leveraging
the robust
innovation
climate
Vision
20,000
technology
based startups
including 6,000
product startups
by 2020
6 lakh direct
and 12 lakh
indirect new
jobs in the sector
Mobilizing
INR 2000
Crore funding
for startups, by
leveraging the
fund of funds
Focus on
generation of 25
Innovative
Technology
solutions with
social relevance

5. Ease of Doing Business for Startups
Startup Cell with dedicated relationship managers for hand-holding and helpline
for queries and feedback
Startup Portal for registration, application for incentives, booster kit,
startup showcase
Startup Open House conducted through the year for interactions, feedback,
and to resolve issues, if any
Self Certification by registered startups under Labor laws like the
Building and Other Constructions Workers’ Act, 1996 and Environment laws

6. Partnership with Industry
Involvement of Industry experts in review and selection for various
initiatives under Startup policy and evaluation
Co-hosting of major events in collaboration with industry associations
Tie up with NASSCOM, IAMAI, 91SpringBoard etc. for setting up
incubation facilities and for providing mentorship and networking

7. Govt. of Karnataka Supported Incubators
GoK - Startup Warehouse at
NASSCOM
GoK - Mobile 10X Accelerator
at IAMAI
PPP - 91SpringBoard Incubator GoK - GoI - NASSCOM IoT CoE
55 Startups Incubated
350 Seats
36,000 sq. ft. built-up
area
23 Startups Incubated
100 Seats
10,000 sq. ft. built-up
area
35 Startups Incubated
150 Seats
15,000 sq. ft. built-up
area
22 Startups Incubated
60 Seats
8,000 sq. ft. built-up
area

8. Encouraging Innovation and Entrepreneurship
Partnership with Academia through NAIN
NAIN
1st batch of 90 graduated in
2016 with 74 working prototypes, 7
incorporations, 2 patents; 2nd batch
incubated; 3rd batch being mobilized
Mentor connect, exposure
visits, capacity building for
domain specific technologies
Financial assistance to selected ideas
for proto-typing and incubation for one
year
50 NAINs to be established in
policy period; 9 colleges in 9 districts
operational, 16 more colleges being
added across 10 districts

9. Commercialization of R&D
Partnership with Academia through TBI
TBI
2TBIs
0perational
Funding
Support
7
new TBIs
identified
1. Agri Bio Incubator at UAS,
Dharwad
2. N2P2 Incubator in CFTRI,
Mysuru
1. IISc - Medical Devices, Nano-
technology
2. MSR - IoT & Robotics
3. C-CAMP - Biotech
4. KVAFSU - Veterinary Biotech
5. Manipal - Bio-pharma,
6. UAS, Raichur - Agri Biotech
7. UAHS - Horticulture
95.6 Crores committed towards
capital and operational costs for a
period of 5 years

10. Providing early stage funding
Funding through Idea to PoC
1
2
3
4
Convergence with
Agriculture/Tourism/
S&T Departments etc.
– special funds for
sector-specific startups
Partnership with
BBC, IoT CoE
etc.
46 ideas funded
across different
sectors – INR 15.70 Cr
Virtual
incubation
permitted

11. Multiple Opportunities for Startups
Funding Initiatives
• Fund size of INR 92.95 Crores
• INR 23.5 Crores disbursed
• INR 12 Crores under consideration
Semiconductor
Venture Fund
1
• Fund size of INR 50 Crores
• Registered with SEBI
• Disbursement will start shortly
Bio Venture Fund 2
AVGC Venture Fund
• Fund size of INR 20 Crores
• Registration with SEBI under progress
3
• Fund of funds for INR 200 Crores for investment in
various daughter funds
• Reimbursement for patents, marketing expenses,
VAT/CST for startups and incubators, Service tax
Other funds and
incentives
4

12. Funding through Grand Challenges
Channelizing Innovation for Social Impact
Grand
Challenges
1
5
4
2
3
Mandate
Definition
Meeting
Shortlisting and
Presentations
Follow-on
funding for pilot
implementation
Selection
for
initial
funding
upto 5
Call for
Proposals
4 challenges floated, 17 proposals selected for initial funding;
5th and 6th Challenge launched

13. Funding through Grand Challenges
Channelizing Innovation for Social Impact
Challenge 1: Real-time
Monitoring of Quality of
Treated Water from STPs
Challenge 2: Early Detection
of Plant Diseases & Pest
Infestation in Crops
Challenge 3: Engaging
Communities in Effective
Delivery of Primary Health
Services

14. May 2016
Slide 14
Funding through Grand Challenges
Channelizing Innovation for Social Impact
Challenge 4: Tackling Under
nutrition & Calorie-Protein-
Micronutrient Deficiencies in
children and adults
Challenge 5: To reduce the
Traffic Congestion in
Bangalore City
Challenge 6: Innovative
interventions aimed at Water
Conservation in Karnataka,
making each drop last

15. Promotion & Awareness
• TiECon 2016 in Hubli and Bengaluru
• Anthaprerana 2016 by TiE
• Startup Dialogue 2016 by Deshpande
Foundation
• Entrepreneurship Café AGC 2016
• Mini Makers Fair – Workbench Projects,
2016
• India International Innovation Fair, 2016
• Startup Bio 2017
• Agri Startup Fest 2017
Events sponsored
by the department
• BengaluruITE.biz 2016
o One day dedicated to startups
o YESSS Program
o Startup Top Tech-25 Awards
o Hackathons
o Startup Pavilion
• Bengaluru India Bio 2016
o Bio Accelerate - Innovators pitch to
Government
o Startup Pavilion
• Bengaluru India Nano 2016
o Research Industry Collaboration Hub
(RICH)
Events conducted
by the department

16. Promotion & Awareness
• Japan IT Week - 20 startups
• Bio Japan - 4 startups
• CeBIT Germany - 5 startups
• GITEX Dubai - 5 startups
• Bio Korea - 8 startups
• Bio San Diego - 5 startups
Sponsorship for
exposure visits
• Makers Fair
• NASSCOM Product Conclave
• UK India Summit
• IoT Summit
• INSEAD Entrepreneurship Dialogue
• ThinkNext2016
• Hack For India Version 2
• Pravasi Bharatiya Divas 2017
Evangelization
by Startup Cell

17. MoU’s with other countries/cities
MoU with The Hague, Netherlands
• The MoU is focused on 4 major areas – Elderly Care, Cyber Security, Genetics and
Startups
• A Hackathon was held in Hague last October and 5 Hackers from Karnataka were
selected and funded by Hague.
MoU with Finland:
• MoU envisions providing landing pads (temporary office space and other assistance at a
reasonable price) for startups when a company from one side plans to explore the
market on the other side
• Aims to facilitate collaborations between startup incubators and accelerators from
Karnataka and Finland.
• Matchmaking events will be organized where startups and large corporations from
Karnataka and Finland get a chance to interact and work with each other

18. Elevate100
• Department of IT and BT organized Elevate100 an event to identify Top100 Innovative
Tech Startups across the State
• Grand Finale was held on 29th & 30th Aug, 2017 wherein 100 most promising startups
were selected out of pool of 1700 applicants (startups)
• Elevate100 winners would be given Govt grant or support in terms of Mentorship,
Market access through pilot, Access to Govt. VCs , Acceleration support etc.
• Booster kit is a collection of software tools and services like Cloud Services , Internet &
Virtual Telephony, Testing Services , Payment Gateway , Banking, Legal & IP Services
offered to startups as a special package.
• MOUs have been signed with Corporate’s , Banking & Financial Institutions, Legal and
IP Firms etc to facilitate the services to startups

19. Startup Karnataka’s USP
• Synergy between Government, Industry and Academia
• High level involvement through the Startup Council under the guidance of honorable
CM of Karnataka and industry representatives
• Partnership with industry at various levels
• Channelizing innovation for social impact through Grand Challenges
• Transparent online processes and systems in place
• Focus on multiple sectors in tier-2 cities

20. Thank You