The Karnataka government has officially launched the 22nd round of its flagship startup grant programme, Elevate, which aims to empower entrepreneurs across the state by providing them with essential funding and support. This initiative, which opened for applications on August 15, 2025, is designed to foster innovation and entrepreneurship in Karnataka, a state that has emerged as a significant hub for startups in India.
Elevate offers a one-time grant of up to ₹50 lakh, enabling startups to build prototypes, develop proof of concepts, and scale their businesses effectively. The programme goes beyond mere financial assistance; it provides a comprehensive support system that includes mentoring, incubation facilities, networking opportunities, and various benefits under the Karnataka Startup Policy 2022–27. These benefits encompass reimbursements for patent costs, marketing expenses, GST, and quality certifications, making it an attractive proposition for budding entrepreneurs.
One of the standout features of this round of Elevate is its focus on inclusivity. Special programmes such as Elevate Unnati and Elevate Minorities have been introduced to specifically support entrepreneurs from Scheduled Castes (SC), Scheduled Tribes (ST), and minority communities. This targeted approach reflects the government’s commitment to democratizing access to resources and opportunities within the startup ecosystem, ensuring that diverse voices are heard and supported.
Karnataka’s Minister for Electronics and IT, Priyank Kharge, emphasized the transformative nature of the Elevate programme during its launch. He stated, “Elevate is more than a funding scheme—it’s a structured platform that empowers startups to move from idea to impact. We’ve built a system that’s fast, fair, and accountable. With each call, we reaffirm Karnataka’s leadership in the startup ecosystem—not just supporting innovation, but structuring it, scaling it, and democratising it.” This statement encapsulates the essence of Elevate, highlighting its role as a catalyst for change in the entrepreneurial landscape.
Since its inception in 2017, the Elevate programme has made significant strides in nurturing the startup ecosystem in Karnataka. Over the past seven years, it has funded more than 1,100 startups and disbursed approximately ₹250 crore in grants. The impact of this initiative is evident in the success stories of numerous startups that have benefited from the programme, showcasing the potential of innovative ideas when backed by the right resources and support.
In the most recent round, Elevate 2024, the programme received an overwhelming response, with 960 applications evaluated. Out of these, 101 startups were funded, and ₹25.01 crore was disbursed in just 90 days. This rapid turnaround demonstrates the efficiency and effectiveness of the Elevate programme in identifying and supporting promising ventures.
Kharge further elaborated on the holistic approach of the Elevate programme, stating, “We don’t just stop at funding. These startups now gain access to our incubators, mentorship from industry experts, market access programmes, incentives, VC connect, and most importantly, if their solutions align with government needs, we are open to being their first customer.” This commitment to providing a well-rounded support system is crucial for startups, as it not only addresses their immediate financial needs but also equips them with the tools and connections necessary for long-term success.
To enhance the support provided to startups, the Karnataka government has partnered with several prominent organizations this year. Collaborations with industry leaders such as Infosys, Kotak Mahindra Bank, Tally Solutions, PayU, Rx100Startups, OneXtel, Legal Lifeline, and Skein Technologies have resulted in the creation of ‘Startup Booster Kits’. These kits offer founders access to essential tools and services at discounted rates, further reducing the barriers to entry for aspiring entrepreneurs.
The Elevate programme is not just about funding; it represents a broader vision for fostering innovation and entrepreneurship in Karnataka. By creating an ecosystem that encourages collaboration between startups, established companies, and government entities, the programme aims to drive economic growth and job creation in the region. The emphasis on mentorship and networking is particularly noteworthy, as these elements are often critical to the success of startups in navigating the challenges of the business landscape.
Moreover, the Elevate programme aligns with the broader goals of the Karnataka Startup Policy 2022–27, which seeks to position the state as a global leader in innovation and technology. By providing a conducive environment for startups to thrive, the government aims to attract investment, talent, and resources that will further bolster the state’s reputation as a startup destination.
As the startup ecosystem continues to evolve, initiatives like Elevate play a vital role in shaping the future of entrepreneurship in Karnataka. The programme not only supports individual startups but also contributes to the overall growth of the ecosystem by fostering a culture of innovation and collaboration. By empowering diverse entrepreneurs and providing them with the necessary resources, the Elevate programme is paving the way for a more inclusive and dynamic startup landscape.
In conclusion, the launch of the 22nd round of the Elevate programme marks a significant milestone in Karnataka’s journey towards becoming a leading startup hub. With its comprehensive support system, focus on inclusivity, and commitment to fostering innovation, Elevate is set to continue making a positive impact on the entrepreneurial landscape in the state. As applications pour in from eager entrepreneurs, the potential for groundbreaking ideas and transformative solutions is immense, and the Elevate programme stands ready to support them every step of the way.
