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Time of India
4 days ago
- Business
- Time of India
MP launches initiative to nurture startups
1 2 Mangaluru: Dakshina Kannada MP Capt Brijesh Chowta on Saturday launched 'Bolpu – A Dawn of Opportunities', a flagship initiative aimed at nurturing startups, empowering budding entrepreneurs, and accelerating early-stage ventures in the region. The initiative is designed to offer a comprehensive support ecosystem, including funding, mentorship, market access, and continuous advisory on govt schemes to help founders build, launch, and scale innovative businesses rooted in local strengths but with national and global potential. Ten promising enterprises will be shortlisted each year. Through eight-week sprints, startups will receive expert guidance to ideate, build, test, and launch. Aligned with PM Narendra Modi's vision of Atmanirbhar Bharat and Viksit Bharat by 2047, Capt Chowta said the initiative draws inspiration from his election manifesto task sheet titled 'Nava Yuga Nava Patha', aimed at reigniting the spirit of entrepreneurship in coastal Karnataka. "After returning from the Army, I wanted to contribute to India's transformative journey. Many second-generation entrepreneurs in this region end up in tech jobs in Bengaluru and metros due to lack of support here. Bolpu hopes to change that," he said. The MP stressed that Bolpu will lay special focus on women entrepreneurs and aims to create at least 50 success stories in the next five years. "At a time when Mangaluru is often in the headlines for the wrong reasons, we need to present models of success that reflect our true potential," he said. 92% Mangalureans open to returning home: MP About 92% of Mangalureans working outside the region and around the globe expressed a strong desire to return home and work in the region if suitable opportunities are available, Chowta said, citing findings from the recent 'Come Home Tiger' survey conducted by Rohith Bhat, founder of TiE Mangaluru, as part of the Silicon Beach programme. The survey aimed to gauge interest among professionals from the region who are currently employed outside the region in relocating back to their hometowns. Johnson Tellis, Co-founder and CEO of Inunity, said, "When companies are built and nurtured by the people of Mangaluru, they carry with them a deep-rooted sense of responsibility to give back. The initiative to support at least 10 ideas or ventures every year is not just about startups, but about leadership. Each of those ventures represents a seed of leadership that will shape future cohorts." He said that the focus is on bringing together key entities: ecosystem enablers, thought leaders who reshape business thinking, and the globally spread Mangaluru diaspora.


Time of India
09-05-2025
- Business
- Time of India
Future, nature and culture: France eyes on Silicon Beach of India
Mangaluru : The recent visit of Consulate General of France in Bengaluru to Mangaluru generated significant interest among officials, who are now actively seeking French business establishments in the coastal region. A French delegation led by Pierre Beaudoin, Economic Attaché, and Marc Lamy, Consul General of France at the French Consulate General in Bengaluru, toured various IT facilities and engaged with local enterprises, learning about Mangaluru's expanding technological Bhat, founding-president of TiE Mangaluru, said the Consul General was impressed by the fact that the region has 'future, nature and culture'. The future to grow, a blend of nature with greenery, mountains, and beaches, and diverse culture. Operation Sindoor PM Modi meets NSA, chiefs of armed forces amid spike in tensions with Pak India's air defence systems shoot down Pak drones in J&K, Punjab & Rajasthan Several airports in India to be closed till May 15 - check list "This is the biggest takeaway the delegation had from the recent visit," he said, adding that the region has currently one French-based S from Silicon Beach of India , told TOI that Bengaluru has several French companies, including leading ones. The delegation was impressed by the availability of the abundant talent pool, rich cultural diversity, food, vast coastline with watersports such as surfing, and quality of life. During their two-day visit to the coast, the delegation visited Mantra Surf Club, which showcased the city's emerging eco-tourism potential. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like AI guru Andrew Ng recommends: Read These 5 Books And Turn Your Life Around in 2025 Blinkist: Andrew Ng's Reading List Undo They were introduced to the Silicon Beach Programme and visited innovative companies like UniCourt (LegalTech) and Novigo Solutions (automation and cybersecurity). The final stop was a tour of Pilikula Nisargadhama, including the artisan village and the king cobra breeding centre, providing a glimpse into the region's ecological richness. They also held engagements by visiting Vertex Workspace and LCode Technologies, interacting with local companies and gaining insights into Mangaluru's growing tech ecosystem. Later, they visited Sahyadri College of Engineering and Management and Shine Foundation, focusing on the collaboration potential between academia and innovation."We have been informed by the delegation that they were positive about the region, and would want to understand more about the ecosystem. Another delegation would visit the region soon," Mukesh said.