
Karnataka has allocated INR 25 Cr as grant-in-aid to nurture and support the selected startups
Startups will also receive mentoring and networking opportunities which would help them access relevant resources to scale, compete globally and create jobs in the state
As part of ELEVATE programme launched in 2015, early-stage startups are given a one time grant of up to INR 50 Lakh to scale their business
The department of electronics, information technology and biotechnology (IT & BT) of Karnataka has shortlisted 101 startups under its ELEVATE 2024 programme for funding.