JOIN USTo encourage startups in Karnataka, the state government has launched 'ELEVATE 100' to take 100 innovative startups to the next level of success.
The initiative was launched on Tuesday by Information Technology Minister Priyank Kharge with the unveiling of its official website and logo.
The programme will provide 100 startups, registered in Karnataka, access to mentors, networking opportunities, incubation facilities and funds of Rs 400 crore.
The initiative by the Startup Cell of Karnataka Biotechnology and Information Technology Services (KBITS) has already received applications from 1,700 startups in the state.
The pitch sessions to select the final 100 startups will be held in Mangaluru, Mysuru, Hubballi and Kalaburagi.
The startups will be selected based on their social impact, team strength, business model, innovation and other criteria. The jury will consist of industry representatives from Nasscom, India Electronics & Semiconductor Association (IESA) and others.
For more details, visit www.elevate.bengaluruitbiz.com.