The three-day event concluded on Saturday with the theme being “Ideate, Innovate, Invent”.

Bengaluru Tech Summit Govt signs 10 MoUs to mobilise Rs 2000 cr fund for startups
Atom Tech Summit Saturday, November 18, 2017 - 23:08

The three-day Bengaluru Tech Summit 2017, showcasing the country’s progress in the technology and biotech sectors, concluded on Saturday with the government signing 10 MoUs that would have a significant impact on the technology sector in the State.

The theme of the event “Ideate, Innovate, Invent” was experienced by visitors and delegates through all the sessions, conferences, seminars, special programmes and the exhibition.

Hosted by the Department of IT & BT, Government of Karnataka, the three-day mega event saw a creative mix of two flagship events- the 20th edition of Bengaluru ITE.biz and the 17th edition of Bengaluru India Bio under one platform. 

In order to strengthen tech inclusion in rural areas, the State Government launched a unique project providing free wi-fi to 500 gram panchayats in the State. Eventually, the project will be rolled out to all 2,650 gram panchayats in future. 

The event saw the Government signing ten MoUs indicating the growing importance of the event. MoUs were signed with Virgin Hyperloop One, CoE for Data Science and AI, Intel, French MoU, 3M, NUMA, BT Policy, AR/VR India Report and Elevate Start up Directory. Hyperloop, intellligence and traffic management were the thrust areas of the partnership. 

The event also hosted conferences and seminars where thought- leaders discussed issues on path-breaking topics including Internet of Things, GIS, Cybersecurity, Cloud and Big Data and AR/VR.

The summit focussed on the biotech sector and its state-of-the-art technologies that are changing the world: personalised medicine, rare diseases and orphan drugs, bio-therapeutics, agro biotech and new technology.  

Karnataka is rapidly moving towards technology advancement and is setting up centres of excellence in IoT, robotics, cybersecurity, data analytics and aerospace. “The State is poised to create 20,000 start-ups by 2020 and will mobilise Rs 2000-crore fund for start-ups and foster industry partnerships,” according to Industries Minister, RV Deshpande. 

The Bengaluru TechSummit had a separate event for women entrepreneurs on November 16, 2017, titled “She Drives Technology" that highlighted women and their achievements in leading innovation in the IT and BT sectors and also how women returning to work can be a game changer for the sectors.  

Priyank Kharge, IT, BT and Tourism Minister for the State, stated that the goal is to make the State the creative capital of India and this could be possible through summits like this where small developers were given free entry so that they could interact with global majors like Turner/Cartoon Network, BBC, Disney and others who were present at the event.

The summit also hosted the "Bengaluru Maker Faire” on November 17 and 18. It is an event for all those who believe in the “do-it-yourself” spirit for sharing their accomplishments and showcasing their work to an appreciative audience. The event saw some of the leading technologists, artisans, and entrepreneurs interacting with one another.

Speaking at the event, Priyank Kharge said that the Government wants to “create a stimulating atmosphere and these kind of events would change the way the youth effect a global change.”

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