Karnataka Launches ₹1,000 Crore LEAP Initiative to Boost Innovation and Jobs

Karnataka Launches ₹1,000 Crore LEAP Initiative to Boost Innovation and Jobs

Daily Current Affairs   /   Karnataka Launches ₹1,000 Crore LEAP Initiative to Boost Innovation and Jobs

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Category : State Published on: September 27 2025

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The Karnataka government has unveiled the Local Economy Accelerator Program (LEAP), a ₹1,000 crore, five-year initiative aimed at fostering innovation and entrepreneurship beyond Bengaluru. Targeting tier-2 and tier-3 cities such as Mysuru-Chamarajanagar, Mangaluru-Udupi, Hubballi-Belagavi-Dharwad, Tumakuru, Kalaburagi and Shivamogga, LEAP seeks to generate five lakh jobs by building robust startup ecosystems. The program comprises 16 strategic sub-programmes, including innovation labs, incubators, accelerators, prototype labs, hackathons, bootcamps, and digital clinics, covering the entire startup lifecycle. 

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