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Karnataka Launches ₹1,000-Crore LEAP to Grow Startup Hubs Beyond Bengaluru

The five-year plan targets five lakh jobs through 16 startup programmes delivered via a unified digital portal.

Overview

  • State officials unveiled LEAP as a statewide innovation push aimed at building self-sustaining tech clusters in MysuruChamarajanagar, MangaluruUdupi, HubballiBelagaviDharwad, Tumakuru, Kalaburagi and Shivamogga.
  • LEAP spans the full startup lifecycle with initiatives such as the Karnataka Startup Foundry for schools, ELEVATE NXT grants for deep-tech ventures and new Centres of Excellence.
  • The programme centralizes applications, resources and stakeholder engagement through a single digital portal to streamline access and governance.
  • Rollout has begun with a first Call for Proposals for Innovation Labs issued on September 18, with further announcements on hackathons and Centres of Excellence expected soon.
  • Funding totals ₹1,000 crore over five years and includes instruments like a Fund of Funds and a Critical Research Fund to help startups reach market readiness.