Part 5/11:
Complementing these efforts is the upcoming LeAP (Local Economy Accelerator Program), which has a budget of 1,000 crore INR (~130 million USD). This initiative seeks to strengthen the regional entrepreneurial ecosystem, especially beyond Bangalore, in towns like Hubli and Mangalore. The program will establish funds of funds and dedicated deep-tech funds of 100 crore INR each, with the goal of fostering manufacturing, advanced technology, and deep tech startups across Karnataka.