Belagavi gets K-TECH Innovation Hub

The Hindu reports that The hub provides space and infrastructure, instrumentation, prototyping facilities, business set-up support, world class innovation network and connections under one roof. The K-Tech Innovation Hub is a “Product Start-up Incubator-cum-Common Instrumentation Facility” located in an 8,000-sq ft building. The government intends to establish five such K-TI Hubs across the State. The Belagavi hub is based on the IKP EDEN (IKP Engineering, Design and Entrepreneurship Network) model set up in Bengaluru in September 2015, according to the Minister.

“The 2020 plan of the government is to make Belagavi a technology super-centre in five years. A tech park is planned at Belagavi. Entrepreneurs, start-ups and SMEs should be able to walk in and walk out of Belagavi as successful companies with the same ease as it is in the Silicon Valley, or Israel or our very own Bengaluru. We hope to grow not just the IT industry in Belagavi but also the manufacturing and hardware product development ecosystem here,” Mr. George said.

Deepanwita Chattopadhyay, Chairman and CEO, IKP Knowledge Park, said that the hub would focus on engineering, bio-engineering, prototyping and other sectors, depending on the needs of small and medium enterprises. “We can accommodate up to 70 start-ups. We provide mentoring, funding, infrastructure, technical support and other facilities. Entrepreneurs can walk in with an idea and walk out with a product,’’ she said.