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Old Posted Jan 31, 2016, 4:27 AM
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BolliBatlu BolliBatlu is offline
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How coastal Karnataka is emerging as a hub for education and technology
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Mangaluru was ranked India’s 13th and Karnataka’s second best destination for business (Bengaluru being the first), according to a survey conducted by GIREM in 2013. While Mangaluru has been a good location for traditional businesses, it currently lags behind to a certain extent when it comes to new-age ‘tech businesses’. However, many schools and colleges in the city have their own entrepreneurship cells and are encouraging students to start their own companies.

The lack of too many new-age tech startups is not because of lack of talent. Global IT giants Infosys and Wipro have huge establishments in Mangaluru and are easily able to find the tech talent they need. The lack of mentors, role models and interest from angel investors and VCs may be the reason startup culture is not yet mainstream in the coastal city. With relatively less traffic, reasonable real estate prices and well connected to rest of Karnataka (and the world) by land, sea and air (via an international airport), Mangaluru has great potential for growth.
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With an estimated population of over 20,000 students across various disciplines, Manipal provides a big opportunity for them to work together and develop new and innovative technologies. To facilitate the same, Manipal University had set up a business incubator – MUTBI to provide the necessary infrastructure, financial aid and other resources to students and faculty who wished to start their own businesses.
Dubai: Entrepreneurship the Digital Way - KEL talk by Deepak Machado on Feb 6

I think KEL & Mangalore Angels (Mohandas Pai) are Venture Capitals for coastal region. Possibility is there that Brigade Group is trying to create startup entrepreneurship environment at its future project site at Derebail.

What Mangaluru need is a committed NRI Mangaluru Forum. Either Mayor or KCCI Mangaluru head should be in contact touch with NRIs to get investment from them & the countries were they reside.

Send 10k PhD students each year to US: Narayana Murthy

Mangaluru can do this and help in developing new products at Innovation Centers through NIPER, NEERI (Biomedical Engineering Education & Research Institute) or offer jobs in these institutes only if we have these institutes. Or else, offer jobs for renouned scientists from across the world, build infrastructure as suggested by them and train our people here. I don't know whether institutes like Manipal University are doing this already.

Last edited by BolliBatlu; Feb 1, 2016 at 6:33 AM.
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