KLE Technological University has played a major role in building entrepreneurial ecosystem in the north Karnataka region. Two major technological companies in the region, ‘Sankalp Semiconductors’ which employs more than 500 technocrats and ‘Navya Biologicals’ employing more than 100 people were incubated in the KLE Technological University. The ‘Centre for Technology Innovation and Entrepreneurship’ (CTIE) established by University in 2012 has incubated over forty successful technology start-ups in the campus. KLE CTIE has emerged as a very successful campus incubation model across India.

With the Indian Electronic System Design Manufacturing (ESDM) and VLSI industry estimated to touch $400 billion by next decade, it is important that a larger proportion of the market is served by the Indian companies with increasing value addition. The KLE CTIE has already several startups like Vegam-io, Skycraft in the area of ESDM and VLSI. To grow this ecosystem further ‘Karnataka Biotechnology and Information Technology Services (KBITS)’ Government of Karnataka, KLE Tech University and Indian Electronics and Semiconductors (IESA) have come together to establish a unique incubation center to support start-ups in the areas of ESDM and VLSI. Startups in this domain find very difficult to access the software and the licenses due to the very high cost of access the same. The incubation centre will make these advanced world class design tools and facilities available to the start-ups in the domain. The center with approx. 5000 sq. ft of office space at KLE technological University Tech Park, will have world class hardware/chip design, testing and validation facilities. High end EDA tools partnering with Mentor Graphics, Cadence, ARM will be made available to the startups.The faculty expertise of KLE Tech and Skilled industry mentors for product design, system, ESDM and VLSI will help the start-ups to scale up and meet the market needs. The centre will also work towards creating the skilled manpower in these domains.

The Government of Karnataka and has approved to grant an amount of INR Four (4) Crores spread over a period of three (3) years towards the implementation of this project. The Center will be inaugurated by Shri. K. J. George, Honorable Minister for Large & Medium Scale Industries; IT & BT, Science & Technology Government of Karnataka, at KLE Tech park, BVB Campus on 17^thJuly,2018 at 5.30 pm.