<p> To further fillip the R&D, startup and innovation ecosystem in Bangalore, the Karnataka government is all set to start the next edition of StartUp Warehouse, a startup program which it had started with industry body Nasscom a year ago. <br /><br /></p>.<p>StartUp Warehouse has so far nurtured 28 startups, creating more than 100 jobs and attracted an investment of $1 million.<br /><br />Inaugurating the expansion plan of StartUp Warehouse with Hack-celerator and Internet of Things (IoT) Lab at a function on Tuesday, Karnataka Information Technology and Biotechnology (IT/BT) minister S R Patil said the state government wants a conducive ecosystem for startups in the state.<br /><br />“Bangalore has established its credentials as the IT hub of India and almost one-third of IT export comes from the state speaks volumes about our prowess in the secor. StartUp Warehouse Lab with Hack-celerator and Internet of Things (IoT) Lab is a combination of a Hackathon and an Accelerator, which will be the first of its kind in the world,” he said to Deccan Herald.<br /><br />Speaking at the function, Karnataka IT BT Secretary Srivatsa Krishna said the Hack-celerator and Internet of Things (IoT) Lab is India’s first pre-accelerator programme.<br /><br />The Hack-celerator and Internet of Things (IoT) Lab is expected to further boost Bangalore’s name in creating a micro ecosystem where startups and entrepreneurs could work together, share their learning and best practices with each other.<br /><br />The new StartUp Warehouse with Hack-celerator and Internet of Things (IoT) Lab will have the space of 50,000 sq ft and can accommodate 400 people.<br /></p>
<p> To further fillip the R&D, startup and innovation ecosystem in Bangalore, the Karnataka government is all set to start the next edition of StartUp Warehouse, a startup program which it had started with industry body Nasscom a year ago. <br /><br /></p>.<p>StartUp Warehouse has so far nurtured 28 startups, creating more than 100 jobs and attracted an investment of $1 million.<br /><br />Inaugurating the expansion plan of StartUp Warehouse with Hack-celerator and Internet of Things (IoT) Lab at a function on Tuesday, Karnataka Information Technology and Biotechnology (IT/BT) minister S R Patil said the state government wants a conducive ecosystem for startups in the state.<br /><br />“Bangalore has established its credentials as the IT hub of India and almost one-third of IT export comes from the state speaks volumes about our prowess in the secor. StartUp Warehouse Lab with Hack-celerator and Internet of Things (IoT) Lab is a combination of a Hackathon and an Accelerator, which will be the first of its kind in the world,” he said to Deccan Herald.<br /><br />Speaking at the function, Karnataka IT BT Secretary Srivatsa Krishna said the Hack-celerator and Internet of Things (IoT) Lab is India’s first pre-accelerator programme.<br /><br />The Hack-celerator and Internet of Things (IoT) Lab is expected to further boost Bangalore’s name in creating a micro ecosystem where startups and entrepreneurs could work together, share their learning and best practices with each other.<br /><br />The new StartUp Warehouse with Hack-celerator and Internet of Things (IoT) Lab will have the space of 50,000 sq ft and can accommodate 400 people.<br /></p>
