4 months ago
2
The Information Technology Ministry of Karnataka has organised a felicitation for winners of ELEVATE 2025, a programme which identifies and supports promising start-ups astatine assorted stages of their entrepreneurial journey, present connected Saturday.
The felicitation marked different important milestone successful Karnataka’s travel of nurturing early-stage startup’s innovative ideas and strengthening its start-up ecosystem, said a connection from the ministry.
Some 103 ELEVATE 2025 winners, 33 ELEVATE Unnati winners, and 10 ELEVATE Minorities 2025 start-ups were fixed a full assistance of ₹38.85 crore. Of the full 146 startups recognised nether ELEVATE 2025, immoderate 43% were women-led, and 43% were Beyond Bengaluru startups.
ELEVATE provides a one-time Grant-in-Aid of up to ₹ 50 lakh to start-ups. In addition, they were besides fixed mentoring and incubation enactment astatine subsidised rates astatine the state-supported incubation centres to assistance successful merchandise improvement and validation.
Through ELEVATE, Karnataka has been capable to alteration entrepreneurs crossed Karnataka to alteration bold ideas into existent impact, the connection said.
Speaking astatine the felicitation ceremony, Priyank Kharge, Minister for Information Technology & Biotechnology and Rural Development & Panchayat Raj, said the sustained occurrence of the ELEVATE programme lies successful its mission-mode implementation.
