HELP +91-80-22231007 startupcell@karnataka.gov.in
HELP +91-80-22231007 startupcell@karnataka.gov.in
HELP +91-80-22231007, startupcell@karnataka.gov.in
HELP +91-80-22231007 startupcell@karnataka.gov.in
Kalyana Karnataka/ Amrita Startups/ Elevate Unnati
Idea2PoC/ELEVATE is intended to identify top innovative startups in the State of Karnataka, who would be given Government support to scale up their product or solution so that they can elevate to the next level.
With the vision to create a world-class startup ecosystem in the State, the Government of Karnataka has taken several strategic investments and policy interventions, to create a culture of innovation and entrepreneurship in the State. Karnataka was the first State in the country to initiate grant-in-aid to startups without taking equity. The Elevate -Idea2PoC scheme was launched by the Department of Electronics, IT, Bt and S&T, Government of Karnataka to identify and nurture innovative startups and to provide them the necessary boost at various stages through funding or mentoring. A one-time grant of up to Rs. 50 lakhs are given to encourage innovators who may need early-stage funding to develop a prototype, market development, and scale-up. The initiative aimed to provide a comprehensive entrepreneurship platform for startups along with giving access to mentors, networking opportunities, funds, idea validation, incubation facilities, and in-depth sessions on accounting, legal, and emerging technologies. These contributions across sectors have acted as a catalyst for the development of startups.
A rigorous and thorough evaluation and selection process has been adopted, where the Government plays the role of facilitator that brings together the industry experts and potential entrepreneurs on a common platform. One panel jury consists of 3 jury members nominated by the Industry Associations, Nomination/Participation during various stages of the evaluation.
Pitch an innovative startup idea, top pitches will be selected for Government aided support to scale up their product or solution to the next level.
Evaluation Process Details
Every start-up that applies under the program undergoes a rigorous evaluation process. The program has a 4-stage process for identifying winners, as illustrated below. The applications received from the Bangalore Urban district are required to undergo an additional evaluation (stage 2) for filtration. To encourage the startups coming from Beyond Bengaluru regions, after Stage 1, are evaluated directly for stage 3- Multi-city Pitching Stage.
Evaluation Scoring Parameters Each startup, at each stage, will be evaluated by the Jury on a total of 100 marks on the following 5 parameters
Idea2PoC Evaluation Committee Idea2PoC Evaluation Committee has been constituted under the Chairmanship of Additional Chief Secretary, Department of Electronics, IT, Bt and S&T, Government of Karnataka with industry representatives from IIITB, ABLE, NASSCOM, STPI, IESA, ABAI.
Stage of the Idea2PoC/ ELEVATE Program
Stage 1 – Data Sufficiency & Eligibility
Stage 2 – Offline Pitching (Only for Bengaluru Urban Applicants)
Stage 3 – Multi-City Pitching (MCP)
Stage 4 – Grand Finale (Selection of the winners under Elevate by the Committee)
Oct 31st, 2022 - 09:00am
Jan 15th, 2023 - 05:00pm
Bengaluru, Karnataka
Startup Karnataka, GoK
elevate-ktech@ka.gov.in
+91 - 080 22231007
It is mandatory to sign-up and login to Startup Karnataka Portal www.missionstartupkarnataka.org
Registration with shops and establishments CANNOT be accepted as a certificate of incorporation/ registration to apply for the call
MSME, Udyog Aadhar GST, Trade Union, KMF, VAT certificates etc. shall NOT be considered as certificate of incorporation as per the Karnataka Startup Policy Government Order.
The startup CANNOT be a subsidiary/ franchise/ white labeled reseller/ part of a group company.
The startup CANNOT have a partnership value with another company/ entity.
It CANNOT be a section 8 company or Trust/ Association/Society or a non-profit organization.
Application Submitted post end time will not be considered.
Startups that have been WINNERS of Idea2PoC Grant Scheme/ Grand Challenges/Unnati earlier “WILL NOT BE ELIGIBLE TO APPLY“!
NOTE – Please note that NO CHANGES can be made once the online application form is submitted.
1. Startups belonging to the following districts CAN ONLY APPLY for Elevate Kalyana Karnataka 2022 (Bidar, Kalaburagi, Raichur, Yadgir, Ballari, Vijayanagara and Koppal district).
2. Should be an entity (Pvt. Ltd/ OPC/ LLP/ Partnership Firms) Registered or Incorporated in Karnataka (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)
3. Total revenue generated in terms of turnover from the date of incorporation should be less than INR 100 Crore.
4. Startups should not have crossed 10 years from the DATE of INCORPORATION/REGISTRATION Certificate.
5. At least one of the Director(s)/ Partner(s) should belong to the Kalyan Karnataka and should hold a minimum of 51% SHARE in the company/ firm
6. Kalyan Karnataka region Startups should possess HK/KK/371(J) Certificate issued by Revenue Department with a valid RD Number and should have been incorporated in Kalyan Karnataka region.
7. Such Director(s)/ Partner(s) should continue to be a part of the business for at least 3 years from the date of receiving benefits from the Department.
8. Terms and conditions of ownership should NOT be altered to his/her advantage during the course of the project.
1.Should be an entity (Pvt. Ltd/ OPC/ LLP/ Partnership Firms) Registered or Incorporated in Karnataka. 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)
2.Total revenue generated in terms of turnover from the date of incorporation should be less than INR 100 Crore
3.Startups should not have crossed 10 years from the DATE of INCORPORATION/ REGISTRATION Certificate as of December 15, 2022.
4.Startups/Entity working towards innovation, development or improvement of products or processes or services, or if it is a scalable business model with a high potential of employment generation or wealth creation.
5.At least one of the Director(s)/ Partner(s) should belong to the OBC community and should hold a minimum of 51% SHARE in the company/ firm
6.Such Director(s)/ Partner(s) should continue to be a part of the business for at least 3 years from the date of receiving benefits from the Department
7.Such Director(s)/ Partner(s) should possess a valid digital caste certificate issued by the Revenue Department, Govt. of Karnataka with a valid RD NUMBER.!
8.Terms and conditions of ownership should NOT be altered to his/her advantage during the course of the project
1.Should be an entity (Pvt. Ltd/ OPC/ LLP/ Partnership Firms) Registered or Incorporated in Karnataka. (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)
2.Total revenue generated in terms of turnover from the date of incorporation should be less than INR 100 Crore
3.Startups should not have crossed 10 years from the DATE of INCORPORATION/ REGISTRATION Certificate as of December 15, 2022.
4.Startups/Entity working towards innovation, development or improvement of products or processes or services, or if it is a scalable business model with a high potential of employment generation or wealth creation.
5.At least one of the Director(s)/ Partner(s) should belong to the SC/ ST community and should hold a minimum of 70% SHARE in the company/ firm.
6.Such SC/ ST Director(s)/ Partner(s) should possess a valid digital caste certificate issued by the Revenue Department, Govt. of Karnataka with a valid RD NUMBER.!
7.Such SC/ST Director(s)/ Partner(s) should continue to be a part of the business for at least 3 years from the date of receiving benefits from the Department
8.Terms and conditions of ownership should NOT be altered to his/her advantage during the course of the project.
(Please ensure that the following documents are ready as per the format and file size mentioned)
1.Incorporation/ Registration Certificate (In PDF Format. file size to be less than 1 MB)
2. Upload all the stakeholder’s Caste Certificates Issued by Government (In PDF Format. file size to be less than 1 MB)
3. Company MoA/ Partnership Deed (In PDF Format.Each file size should to be less than 1 MB)
4.Pitch Deck (In PPT/PDF Format. file size to be less than 5 MB )
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