Hotline: 1800 102 2007
X
Search Business Opportunities
2013-08-06

NASSCOM, Govt of Karnataka launches its first co-working space for start-ups

As part of the 10,000 Start-ups initiative to scale up the start-up ecosystem in India, the National Association of Software & Services (NASSCOM) today inaugurated its first Start-up Warehouse in Bangalore\\\'s Diamond District.

As part of the 10,000 Start-ups initiative to scale up the start-up ecosystem in India, the National Association of Software & Services (NASSCOM) today inaugurated its first Start-up Warehouse in Bangalore's Diamond District.

 

While talking about the facility, I.S.N. Prasad, Principal Secretary to Government, Department of Information Technology, Biotechnology and Science & Technology, Government of Karnataka, said, “Karnataka is the country’s leading hub of technology innovation and it is imperative to continue steering its growth and foster entrepreneurial culture in the state by various policy initiatives. This collaboration with NASSCOM to provide world class infrastructure to start-ups will phenomenally spur the growth of the technology start-up companies operating in the region.”

 

The Start-up Warehouse has been introduced to create a micro-ecosystem where early stage start-up founders can work together, share their learnings and best practices with each other. NASSCOM has already received about 2,000 Expression of Interests for the warehouse as it was part of the 10,000 Start-ups application process. Further, the selection would be finalized by a selection committee comprising of stakeholders from the government as well as the industry.

 

Highlighting the facets of the 10,000 Start-ups program and the warehouse, KK Natarajan , Chairman, NASSCOM said, “Within the first 150 days of its inception, the 10,000 Startup programme has received an overwhelming response and achieved numerous milestones in this short journey. The launch of the warehouse facility for start-up companies in Karnataka is yet another milestone to create, sustain and boost the entrepreneurship culture within the state. We congratulate Govt of Karnataka for their proactive support to the cause of building a robust start-up ecosystem in the state and stimulate the technology innovation rate in Karnataka.”

 

NASSCOM also plans other such facilities across key cities in the country, to provide world class infrastructure to tech start-ups at a highly affordable cost. The model for a start-ups warehouse is to identify a central, well connected, plug-and-play working space and offer it to Start-ups for the first 6 months of their operations. The start-up warehouse would also be visited frequently 10,000 Start-ups mentor and investor network that would provide one-on-one mentorship to the start-ups based at the warehouse.

 

Related opportunities
  • Quick Service Restaurants
    About Us  Me, Waffle n More (MWM) is a quick service..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Booking & Accomodation
    About Us: Launched in 2013, OYO is India’s largest hospitality company...
    Locations looking for expansion Delhi
    Establishment year 2013
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • About  THE KETTLERY (CPK Food and Beverages Pvt. Ltd.) An exclusive tea..
    Locations looking for expansion Gujarat
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size Rs. 20lac - 30lac
    Space required 400 - 800 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Ahmedabad Gujarat
  • Join hands with Smart school Education Pvt Ltd and be..
    Locations looking for expansion New Delhi
    Establishment year 2011
    Franchising Launch Date 2014
    Investment size Rs. 2lac - 5lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater North West Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts