BENGALURU: Karnataka has been a frontrunner in creating the ecosystem needed for startups, Minister for Information Technology (IT), Biotechnology (BT), Skill Development and Higher Education, Dr C N Ashwath Narayan said on Saturday.
His remarks came as Karnataka’s Bio-Incubators, Bangalore Bioinnovation Centre (BBC) and C-Camp (Centre for Cellular and Molecular Platforms) attained the first and the second ranks, respectively in the prestigious Biospectrum annual survey for bio incubators under the public sector category.
The two incubators supported by the Karnataka Department of Electronics, IT, BT and Science and Technology start-ups have bagged the top two rankings at the national level, Ashwath Narayan said.
These two initiatives are supported through the department’s nodal agency Karnataka Innovative Technological Society (KITS). In addition, the Manipal bio incubator, which is also incubated through KITS, has secured the fifth rank in the private sector category, said Narayana.
“This time, 40 bio incubators across the country were included in the survey. It reflects on the quality of services provided to startups, the IPs filed, investments brought, etc,” the minister said.
“The top rankings achieved at the national level by the institutions led by the state government establish the fact that Karnataka had been the frontrunner in creating the ecosystem needed for startups, with a focus on bio and health sciences,” he added. (ANI)