Karnataka Elevate 100 Program: Empowering Early-Stage Startups

The Karnataka Elevate 100 program is a flagship initiative by the Department of Electronics, IT, BT and S&T, Government of Karnataka. Designed to identify and nurture the most innovative startups in the state, it aims to provide them with the necessary funding, mentoring, and ecosystem support to scale their solutions globally.

What is this scheme?

Elevate 100 is a dedicated startup competition and support program organized by the Karnataka Innovation and Technology Society (KITS). It acts as a platform for early-stage entrepreneurs to pitch their ideas to a panel of experts. Winners receive a grant-in-aid to develop their Minimum Viable Product (MVP), scale their operations, and gain access to government-backed incubation centers and mentorship networks.

Who is eligible?

• The startup must be registered in Karnataka.
• The startup should be incorporated for no more than 10 years.
• The total turnover of the startup must not exceed INR 100 Crore in any financial year since incorporation.
• At least 50% of the company's workforce must be employed in Karnataka.
• The startup must be working towards innovation, development, or improvement of products or processes.
• Special preference is often given to startups led by women, SC/ST entrepreneurs, and those based in Tier-2/Tier-3 cities.

How much money?

Successful startups can receive a grant-in-aid of up to INR 50 Lakhs (subject to the specific needs of the project and government evaluation).

Documents needed

1. Certificate of Incorporation (DPIIT/State recognized)
2. Company PAN Card
3. GST Registration Certificate
4. Founder(s) ID Proof (Aadhaar/Voter ID)
5. Address Proof of the registered office in Karnataka
6. Pitch Deck or Technical Business Proposal
7. Caste Certificate (if applying under SC/ST category)
8. Audited Financial Statements (if applicable)

How to apply (step by step)

1. Visit the official Karnataka Startup portal or Elevate website.
2. Register your startup by providing basic contact and company details.
3. Fill out the comprehensive application form detailing the innovation and business model.
4. Submit the required documents and business pitch deck.
5. Participate in the multi-stage pitching rounds (Regional and State level) if shortlisted.
6. Final evaluation by the Grand Jury for selection.
7. Post-selection documentation and milestone-based fund disbursement.

Important dates

Conclusion

The Karnataka Elevate 100 program remains one of the most competitive and rewarding startup schemes in India. By providing non-dilutive funding and expert guidance, it bridges the gap between a prototype and a market-ready product. Founders in Karnataka should leverage this opportunity to boost their growth and contribute to the state's booming tech ecosystem.