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K'taka govt ready to be startups' 1st customer: State IT Minister

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Priyank Kharge, Minister of IT, BT, and Rural Development and Panchayat Raj for the Government of Karnataka, shared the state government's five-point plan to boost the startup ecosystem. This plan includes forming a skill advisory committee, establishing centers of excellence, creating a global innovation alliance, expanding startup growth beyond Bengaluru, and improving ease of doing business. Kharge emphasized the importance of focusing on value and solving real-life problems rather than chasing valuation. The Karnataka government has implemented various initiatives such as the Elevate program and a state startup policy to support startups. Additionally, Kharge highlighted the government's efforts to encourage entrepreneurship outside of Bengaluru and facilitate direct access to venture capitalists.