Government announces plans for a start-up district
India is set to have its first start-up district in Dakshina Kannada.
Nirmala Sitharama, the minister for Commerce & Industry, is keen on having the cluster set up at Mangalore.
Although associated costs for setting up the enclave needs to be assessed, a government source said that the government "will put all its weight behind it in terms of making resources available".
Government pushing for more start-ups
The start-up district's facilities
The start-up district will have its own start-up incubation centres.
According to a person familiar with the development, the district will also have 20 Atal Tinkering Laboratories (ATLs) in schools with state-of-the-art technology like 3D printers and associated software.
These provisions fall under the Atal Innovation Mission which seeks to create scientific temper and cultivate the spirit of curiosity and innovation among young minds".
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Inspiring innovation from school
"Innovation has to be encouraged right from the school level… It is a good budding ground for future entrepreneurs, hence there will be a significant thrust on schools," said a senior government official on introducing ATLs in schools.
The Atal Innovation Mission
Under the Atal Innovation Mission, the government, in the long run, plans to set up 500 ATLs across the country to provide pre-incubation training, promote entrepreneurship, and provide a seed fund for high-growth start-ups.