The Department has come up with Elevate-Unnati which has separate funds earmarked under SCSP/TSP Funds. For the first time the department has introduced Elevate Unnati for SC/ST Entrepreneurs.

Up to Rs. 50 Lacs for selected ideas.

Open to anyone from Karnataka who has an idea and is willing to commit time to bring it to a PoC stage.

This is followed by shortlisting through evaluations by the panel of judges and presentations before the Idea2PoC committee.

A venture fund focused on investment and development of Semiconductor industry with investments in units catering to semiconductors, Electronics system design and manufacturing (ESDM), embedded systems and such other allied sectors within the state of Karnataka.

Rs. 92.95 Crores.

Start-up, early stage, and SMEs. Maximum funding: Rs 9.20 Crores. Minimum funding: Rs 2 Crores.

Send executive summary covering aspects like brief background of company & promoters, technology, past financial performance, market opportunities, uniqueness of the product / technology / solution, funding requirements by email to info@kitven.in

Send the physical application form to The Chief Executive Officer,
Karnataka Asset Management Company Private Limited
Khanija Bhavan, 4th Floor, East Wing, No 49, Race Course Road,
Bangalore – 560 001. India. A panel of experts judge the application and have further discussions and presentations to decide on the funding.

A fund that invests in companies/ enterprises engaged in the agricultural, pharmaceutical, industrial, IT and other services, related to Biotechnology and allied industries in Karnataka.

Rs. 50 Crores.

• Start-ups, Early Stage, and SMEs.
• Maximum funding: Rs.3.50 Crores.
• Minimum funding: Rs. 1 Crore.

• Send executive summary covering aspects like brief background of company & promoters, technology, past financial performance, market opportunities, uniqueness of the product / technology / solution, funding requirements by email to info@kitven.in

• Send the physical application form to The Chief Executive Officer,
  Karnataka Asset Management Company Private Limited
  Khanija Bhavan, 4th Floor, East Wing, No 49, Race Course Road,
  Bangalore – 560 001. India.
• A panel of experts judge the application and have further discussions and presentations to decide on the funding.

A fund focused on enterprises engaged in Animation, Visual Effects, Gaming and Comics (AVGC) sector and other related businesses.

 Rs. 20 Crores.

• Start-ups, Early Stage, Small and Medium Sized Enterprises.
• Maximum funding: Rs.2 Crores.
• Minimum funding: Rs. 50 Lacs.

• Send executive summary covering aspects like brief background of company & promoters, technology, past financial performance, market opportunities, uniqueness of the product / technology / solution, funding requirements by email to info@kitven.in

• Send the physical application form to The Chief Executive Officer,
  Karnataka Asset Management Company Private Limited
  Khanija Bhavan, 4th Floor, East Wing, No 49, Race Course Road,
  Bangalore – 560 001. India.
• A panel of experts judge the application and have further discussions and presentations to decide on the funding.

Phase 1 funding:Rs 10 lakhs for each selected five Awardees and Phase 2 funding: Rs 50 lakhs for one Awardee out of the five.

• Start-ups.

• Send executive summary covering aspects like brief background of company & promoters, technology, past financial performance, market opportunities, uniqueness of the product / technology / solution, funding requirements by email to startupcell@karnataka.gov.in

• Send the physical application form to Karnataka Startup Cell
  Karnataka Innovation and Technology Society(KITS)
  Department of Electronics, IT, Bt and S&T, Government of Karnataka.,
  BMTC – Central Offices Building,
  TTMC ‘B’ Block, 4th Floor,
  Shanthinagar,KH Road,
  Bengaluru 560 027.
• A panel of experts judge the application and have further discussions and presentations to decide on the funding.