/newsfirstprime/media/agency_attachments/2025/07/28/2025-07-28t111554609z-2025-07-23t100810984z-newsfirst_prime_640-siddesh-kumar-h-p-1-2025-07-23-15-38-10-2025-07-28-16-45-54.webp)
Follow Us
/newsfirstprime/media/media_files/2025/09/23/startup-and-tech-2025-09-23-16-58-16.jpg)
In a significant move to foster bilateral cooperation, the Karnataka government has signed a three-year Memorandum of Understanding (MoU) with the state of New Jersey. The agreement, announced on Monday, aims to enhance collaboration in key sectors such as technology, innovation, and economic growth.
Under the MoU, both parties will work together to support startups and entrepreneurs. This includes assisting startups from Karnataka that are seeking expansion opportunities in New Jersey, as well as helping New Jersey-based startups explore the Karnataka market. The partnership will provide crucial resources such as market access, mentorship, and valuable connections within local ecosystems.
Promoting cross-border innovation
Additionally, the agreement outlines joint efforts in high-impact fields, particularly in Life Sciences, with a focus on Allied Health Sciences, as well as cutting-edge areas like Deep Technology, Cybersecurity, and Artificial Intelligence. This partnership is expected to provide a boost to both regions by leveraging their strengths and promoting cross-border innovation.
The collaboration aligns with Karnataka’s growing technological and economic influence and New Jersey’s position as a hub for technological advancements, paving the way for greater global connectivity and business opportunities. Through this strategic alliance, both parties aim to advance their shared goals of driving growth and fostering innovation in the global economy.
