2 hrs ago

Karnataka, INQ Innovation Global Sign New South Wales Tech Bridge

Karnataka in India has signed an agreement with an Australian innovation company.

The goal is to connect businesses and researchers in Karnataka with people and organizations in New South Wales.

Startups may get help finding customers, investors and partners in Australia.

Australian startups may also explore opportunities in Karnataka.

The partnership will focus on areas such as artificial intelligence, healthcare, clean energy and quantum technology.

Universities and research groups may work together on projects and training.

The partners plan to organize startup groups, market visits, pitch events and workshops.

Detailed programs will be created later and must follow applicable laws and approvals.

Key facts

Parties: Government of Karnataka and INQ Innovation Global Pty Ltd, Australia
Bridge: Technology and Innovation Bridge connecting Karnataka and New South Wales
Planned programs: Startup cohorts, market immersion, soft-landing opportunities, investor engagement and institutional partnerships
Research cooperation: Joint research, skills development, research commercialisation and industry-academia partnerships
Priority sectors: DeepTech and artificial intelligence, health and medical technology, agricultural and clean technology, biotechnology and life sciences, defence and aerospace, quantum computing, digital infrastructure, and AVGC-XR and gaming
Investment links: Curated introductions, deal-flow sharing, investor roundtables, pitch events and possible co-investment structures subject to laws and separate agreements
Initial cohort: A first group of Karnataka companies is expected to explore the Australian ecosystem in the next phase

thehansindia.com · 2 hrs ago