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Karnataka’s first ‘K-Tech Innovation Hub’ (K-TI Hub) was inaugurated in Belagavi by K J George, Karnatataka Minister for IT/BT & ST, Large and Medium Scale Industries.
The K-Tech Innovation Hub brings the innovation ecosystem to Belagavi, backed by providing space and infrastructure, instrumentation, prototyping facilities, business set-up support, and a world-class innovation network and connections under one roof.
Unlike an IT Park, the K-Tech Innovation hub leverages the globally connected ecosystem, and brings infrastructure similar to the MIT Fab Lab to Belagavi. The K-Tech Innovation Hub is a ‘Product Startup Incubator-cum-Common Instrumentation Facility’ located in an 8,000 sq ft building.
Speaking on the occasion, George said the government intends to establish five such K-TI Hubs across the state. The other four K-TI Hubs will be established shortly at Jalahalli in Bengaluru, Mangaluru, Shivamogga and Mysuru.
“The government has decided to establish these facilities in tier-II cities in order to leverage the existing manufacturing clusters and the local human resources available in the academic and industrial bodies. The intent is to engage with all the key stakeholders in the local ecosystem for the sustainability of these facilities. The five K-TI Hubs will encourage innovation, stimulate entrepreneurship, create technology-based start-ups, catalyse success, provide employment and opportunities for re-skilling and fuel economic growth,” George added.
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