Karnataka Launches Rs 518 Crore Startup Policy for 2025-2030
Karnataka has approved a new Startup Policy for 2025-2030 with a budget of Rs 518.27 crore. The goal is to create 25,000 new startups over five years. Of these, 10,000 startups are expected to come from regions outside Bengaluru. The policy aims to boost entrepreneurship across the entire state.
The focus is on advanced technology sectors such as Artificial Intelligence (AI), Blockchain, Quantum Computing, and DeepTech. The policy will provide funding, mentorship, infrastructure, and global market access to startups.
Priyank Kharge, Karnataka’s Minister for Rural Development & Panchayat Raj and IT & Biotechnology, said, “Karnataka already stands as the unrivalled leader in India’s start-up landscape. This initiative will empower impact-driven business models and promote inclusive growth.”
Supporting Startups Beyond Bengaluru
Karnataka hosts over 18,000 registered startups, about 15% of India’s total, and nearly 50 unicorns. Bengaluru ranks 10th among the world’s top startup cities, according to the Global StartupBlink Index 2025.
The new policy aims to extend support beyond Bengaluru. It encourages entrepreneurship in smaller towns and cities to create a more inclusive startup ecosystem across the state.
Comprehensive Support and Focus on Social Impact
The policy offers more than funding. Startups will gain access to incubation centers, proper infrastructure, and expert mentorship. It encourages projects addressing social and environmental issues.
The program aligns with Environment, Social, and Governance (ESG) principles and the UN’s Sustainable Development Goals (UNSDGs). Karnataka’s Global Innovation Alliances help startups connect with partners in over 30 countries. The focus includes renewable energy, clean tech, and circular economy solutions.
Blockchain Enhances Transparency and Governance
Karnataka is also using blockchain technology to improve government transparency and security. The National Blockchain Platform has verified over 34 crore government documents nationwide.
Locally, the Aushada platform tracks medicines using blockchain to ensure supply chain accountability. Other cities like Amravati in Maharashtra use blockchain for municipal records such as trade licenses and fire safety certificates. These records include QR codes for instant verification.
Conclusion
Karnataka’s Rs 518 crore startup policy aims to create a sustainable and inclusive startup ecosystem. It supports startups beyond Bengaluru and promotes socially responsible innovation. With funding, mentorship, and global partnerships, Karnataka plans to maintain its position as India’s leading startup hub.
