Two flagship startup programmes launched in Karnataka; to tackle funding challenges

Quick Summary:

Karnataka has long been a leader in fostering a vibrant startup ecosystem, and ELEVATE and KAN are specifically crafted to provide a structured pathway for growth, said Karnataka Information Technology Minister Priyank Kharge.

With ELEVATE, a total of 983 startups have been funded since the inception of ELEVATE in 2016 with a committed grant of Rs 224.06 crore.

It provides grants of up to Rs 50 lakh per startup, along with extensive support, including incubation, expert mentorship, incentives, and access to venture capital networks.

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Article Details

Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets: IndiaCuba

Topics: Startups State Kharge Minister Growth Information Policy Funding Startup Elevate Karnataka

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 11:22:39 (3 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 427 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23325828

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 7 posts per day

Year Established: 2008

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News Last Updated: 9 hours ago

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