Source | Suprita Anupam | Inc42
- Around 25% of the shortlisted startups are from outside Bengaluru
- The Karnataka government has announced a funding of $3.25 Mn for Elevate 2018
- 25% of all qualified startups are women-led and, of these, over 95% are organisations where women are co-founders or CXOs
With a view to helping startups in Karnataka elevate through a comprehensive entrepreneurship platform, the Karnataka government’s Startup Karnataka Initiative is back with its annual grand Elevate 100 incubation programme. The ministry of information technology (IT) and biotechnology (BT) and science and technology (S&T), Karnataka, has shortlisted 77 startups out of 250 finalists for Elevate 2018.
Apart from a funding amount of up to $68.6K to each, the shortlisted startups will be incubated at various incubation centres based in Bengaluru, Hubbali, Mysore, Belgaum, and other cities in the state.