Kanara Entrepreneurs Ltd (KEL), the promoters of Mangalore Internet City, was set up in Dubai in 2004 (registered as a company in BVI). Kanara Entrepreneurs is a non-profit organization that promotes entrepreneurship among individuals from the coastal belt of Karnataka state, specifically the erstwhile South Canara region now known as Dakshina Kannada and Udupi, and aims to provide opportunities for sustainable development. The objective is to participate in the development of the district, which is fast becoming an industrial hub.