Karnataka’s ELEVATE Grant-in-Aid programme provides equity-free early-stage funding to Karnataka-registered startups to convert ideas into proof-of-concept.
Key signals founders use to decide if this investor is worth a conversation.
Stages and sectors this investor typically backs.
Themes this investor is mapped to across the VC Dekho directory.
Karnataka’s ELEVATE Grant-in-Aid programme provides equity-free early-stage funding to Karnataka-registered startups to convert ideas into proof-of-concept.
Background and context for founders evaluating this investor.
ELEVATE is the Government of Karnataka’s flagship Grant-in-Aid seed programme (via KITS / Startup Karnataka). Selected startups can receive a one-time equity-free grant of up to ₹50 lakh to move ideas toward proof-of-concept, with mentoring and incubation support at subsidised rates. Tracks include general ELEVATE, Shakti (women-led), Unnati (SC/ST ownership), and Aspire (beyond Bengaluru Urban), with a published cumulative grant cap of ₹50 lakh across calls. Disbursement is milestone-based after grant agreement. Apply only via the official Elevate portal and confirm current call dates.
Selected startups can receive a one-time equity-free grant of up to ₹50 lakh to move ideas toward proof-of-concept, with mentoring and incubation support at subsidised rates.
Ticket researched: one-time Grant-in-Aid up to ₹50 Lakhs; cumulative cap ₹50L across tracks (elevate.startupkarnataka.in).
Karnataka-based startups; typically ≤10 years; turnover cap; innovation focus; track-specific ownership rules (Shakti/Unnati/Aspire).
Data confidence: Verified – primary source
Other funds that overlap on stage, sector, or thesis.
Jump into stage, sector, and thesis mapped to this fund.