Karnataka for MSMEs: Innvoation Meets Industry
Karnataka, known as India's technology and startup capital, is also a thriving hub for micro, small, and medium enterprises (MSMEs). With over 370 active industrial parks and a forward-looking policy framework, the state offers exceptional infrastructure, connectivity, and opportunities for MSME growth across diverse sectors.
Empowering Enterprises, Enabling Growth
The Government of Karnataka envisions MSMEs as the backbone of inclusive and sustainable economic development. Through progressive policies and strong ecosystem support, the state aims to position MSMEs as drivers of innovation, employment, and exports.
Inclusive Industrialization Across Regions
Promote balanced growth by developing MSME clusters in Tier-2 and Tier-3 cities, ensuring equitable industrial development across all districts.Enabling Access to Markets, Finance, and Technology
Provide targeted support through digital platforms, easy credit access, technology adoption incentives, and integration with domestic and global value chains.Simplifying Compliance and Supporting Entrepreneurship
Reduce regulatory burden through single-window systems, support skilling and capacity-building, and foster a culture of entrepreneurship, especially among women and youth.
IRIS MSME Collaboration Highlights
Under the MoU with the Karnataka government, IRIS MSME is deploying a suite of digital solutions tailored to the needs of MSMEs:
E-Invoice Portal
Simplifies the invoicing process, ensuring compliance with GST norms and enhancing competitiveness.
MSMEtv
Ensures seamless government connections with the business on ground to spread right awareness.
Compliance & Credit Toolkits
Compliance & Credit Toolkits – Making MSMEs credit-ready while simplifying tax and statutory compliance.
Scheme Matchmaking Engine
Suggests state and central benefits based on the MSME's size, sector, and geography.