As many as 100 start-ups will get ₹400 crore funding under the Karnataka Government’s “Elevate”, a programme to fast-track the most innovative start-ups.

Priyank Kharge, Minister for Information Techonlogy, Bio-Technology and Tourism, said the selected start-ups will be eligible to get guidance, consultancy, patent filing facilitation, legal assistance and funding.

Registration for “Elevate” commenced from July 4 and will be open till July 18 for all participants across the State. Experts in verticals would be asked to identify innovative start-ups for funding, he said.

The state is also collaborating with leading industry bodies, including the Deshpande Foundation, for promoting start-up culture in tier-II cities.

source: http://www.thehindu.com / The Hindu / Home> News> States> Karnataka / by Special Correspondent / Bengaluru – July 04th, 2017