Venture Center
Organization
Karnataka Government (Startup Karnataka)
Fund type
Grant
Source
Government
Status
Active
Focus area
Biotech, Medtech, Health & rehabilitation | Agriculture, food and nutrition | Cleantech, energy, environment, waste, sanitation | Automation, mobility | Hardware, software, IOT, data, AI, ML | Industrial Products | Material Tech, textiles | Space and Aviation | Other sectors | Electric vehicles
Target
Private Limited Company | Limited Liability Partnership | Registered Partnership
Fund range
Undefined
Fund stages
A. Technology Development | D. Technology Scale-up/ Validation / De-risking

The Idea2PoC/ELEVATE program is a Government of Karnataka initiative designed to support and fund innovative startups in Karnataka, helping them validate proof of concept and scale their solutions to the next level. This is an Annual call with Calls opening around January of each year. Elevate Nxt2026 details available

Purpose

The Startup should be incorporated as a private limited company (as defined in the Companies Act, 2013) or registered as a partnership firm (registered under section 59 of the Partnership Act, 1932) or a limited liability partnership (under the Limited Liability Partnership Act, 2008) in Karnataka. Turnover of the entity for any of the financial years since incorporation/ registration has not exceeded INR 100 Crores.

For Elevate Unnati- At least one of the Director(s)/ Partner(s) or collectively must belong to the SC/ST community and such SC/ST member(s) must hold a minimum of 70% equity in the company/ firm.

For Elevate Minorities-At least one of the Director(s)/ Partner(s) or collectively must belong to the Minority community and such Minority member(s) must hold a minimum of 51% equity in the company/ firm.