Karnataka government launches ELEVATE 2024 and KAN, offering grants and mentorship support for startups.

The Karnataka government has launched two key startup initiatives: ELEVATE 2024 and the Karnataka Accelerator Network (KAN). ELEVATE 2024 offers grants up to ₹50 lakh for early-stage startups in emerging technologies, along with incubation and mentorship. KAN focuses on mentoring and funding for growth-stage startups, especially outside Bengaluru. These programs aim to enhance Karnataka's startup ecosystem and support approximately 302 startups over three years.

October 29, 2024
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