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Karnataka Clears 2025–2030 Innovation Policy With ₹518.27 Crore To Build 25,000 Startups

The policy shifts the state's startup focus beyond Bengaluru through expanded incubation support.

Overview

  • Cabinet set a target of 25,000 new startups, with 10,000 expected from regions outside Bengaluru.
  • Priority areas include AI, deep tech, clean energy and biotech, with officials also highlighting blockchain, quantum computing and semiconductor design.
  • Support measures cover mentorship, funding, infrastructure, market access, international collaboration and regulatory facilitation to back startups through their lifecycle.
  • The Cabinet in the same meeting cleared three police procedural rules governing arrest records, final form submissions and information formats.
  • The government approved ₹94.5 crore for equipment at a Mysuru Peripheral Cancer Centre tied to Kidwai Memorial Institute of Oncology, alongside urban governance changes and BWSSB operations funding.