Karnataka Minister N S Boseraju on Saturday said that a state-level research foundation will be established to focus on research and development in the fields of startups and industries. Speaking at the valedictory session of the Indian StartUp Festival-2023 at Sathya Sai Village here, Boseraju said it is imperative for constant research and development in the field of science and technology that is fundamental to the startup ecosystem.
During his address at the valedictory session of the Indian StartUp Festival-2023 at Sathya Sai Village, Boseraju emphasized that the continual research and development in the field of science and technology is vital, as it forms the core foundation of the startup ecosystem.
'Government taking all necessary steps to create an enabling atmosphere'
"Our government is taking all necessary steps to create an enabling atmosphere including scientific temperament in the process of learning. We have also focused on protecting ecology and environment as well as ensuring a robust economy," said the minister, who holds the Science and Technology and Minor Irrigation portfolios.
Highlighting that Bengaluru is rightfully recognized as the nation's startup hub, Boseraju noted that the government has established a supportive environment, particularly in terms of infrastructure. This environment has paved the way for numerous startup industries to flourish significantly, he added.
"In this respect, research and development is very important. In an effort to provide R&D to the industries, Karnataka Research Foundation is being established. Individuals, industry experts can provide their know-how to the proposed KSRF," the minister explained.
(With PTI inputs)
