MPLADS funds co-working space

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Commerce and Industry Minister Nirmala Sitharaman said she used her MP Local Area Development Scheme (MPLADS) fund to create a co- working space for startups in Mangalore.

“I will write to all the MPs, (particularly) in districts where people are approaching their MPs saying can we have some space and where there is a demand of startups,” she added.

As a one-off experiment, as an MP, I have taken it up in Mangaluru to have a co-workspace [shared working space] created there,” she said. “The majority of the talent from coastal Karnataka is moving towards Bengaluru, which is over-serviced and is becoming expensive for many of them to even look for a co-work space,” the Minister, who is also Rajya Sabha MP from Karnataka, said.

The facility, with a capacity of 60 seats, will be operational in a month. “Two days ago, I was in Mangaluru to inspect the space given by the municipality. I was so encouraged that all 60 seats have already been booked.”

Ms.Sitharaman will now write to all Members of Parliament to extend such assistance for start-ups in their vicinity.

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