Mysuru: JSS Science and Technology University (JSS STU) has been formally recognised as a technology business incubator (TBI) 2.0 under the government of Karnataka’s flagship startup and innovation framework, with monetary help of Rs 10 crore over 5 years.The recognition comes under the Karnataka Startup Policy 2022–2027, by way of which the state has launched the TBI 2.0 programme to decentralise innovation and promote research-driven entrepreneurship past Bengaluru.The announcement was made in the course of the fortieth anniversary celebrations of SJCE–Science & Technology Entrepreneurs Park (SJCE-STEP) (1985–2025), one of many nation’s oldest and longest-running technology business incubators, held on the JSS STU campus on Saturday.Speaking to reporters, Suresh Bhojraj, director, technical training division, additionally introduced the launch of the JSS Innovation & Research Park, a state-of-the-art facility spanning over 2 lakh sq ft. The facility is envisioned as a complete innovation infrastructure to help R&D, product engineering, testing, validation, and commercialisation for startups and early-stage entrepreneurs. “The project is expected to be completed by 2028,” he stated.SJCE-STEP was established on Dec 13, 1985, with help from the division of science and technology, govt of India, and JSS Mahavidyapeetha, as a pioneering initiative to foster technology-led entrepreneurship. Over the previous 4 a long time, it has grown right into a nationally recognised incubation ecosystem, supporting startup development, enabling trade linkages and positioning Mysuru as a distinguished innovation hub outdoors Bengaluru. The Ruby Jubilee celebrations will conclude in early 2026 with the launch of a number of national-level initiatives to additional strengthen the town’s function in India’s technology and innovation panorama.Vice-chancellor AN Santosh Kumar stated the proposed TBI 2.0 at JSS STU would concentrate on nurturing startups and analysis in rising and deep-tech areas such as synthetic intelligence and machine studying, digital twin applied sciences, language applied sciences, laptop imaginative and prescient and semiconductors, consistent with educational, trade and nationwide priorities.Highlighting SJCE-STEP’s achievements, chief govt Shivashankar B stated during the last 40 years, the incubator had supported greater than 500 startups, generated over 10,000 jobs and performed greater than 1,000 coaching programmes.Among its key accomplishments are a Rs 5 crore SISIF seed fund supporting 23 startups, Rs 3 crore under the NIDHI-PRAYAS scheme for 43 innovators, a Rs 1 crore DST grant for a prototype laboratory, Rs 90 lakh in MSME grants for six innovators, Rs 1.7 crore in DST seed funding for 10 startups, the newly sanctioned Rs 10 crore TBI 2.0 grant, and the institution of a Okay-Tech Common Innovation Facility and prototype lab at a price of Rs 3.3 crore.Registrar Dhanraj, SJCE principal Nataraju, dean (analysis) Manjunath Aradhya, Excelsoft Technologies chairman and managing director Sudhanva Dhananjaya, together with trade leaders and startup ecosystem stakeholders, have been current on the occasion.