ELEVATE 2025 Challenge (Grant-in-Aid) by Startup Karnataka

• The startup must be incorporated as a private limited company, partnership firm, or limited liability partnership in Karnataka.
• The entity's turnover for any financial year since incorporation has not exceeded ₹100 Crores.
• The startup must be up to 10 years old from the date of incorporation.
• Startups must be working towards innovation/improvement of existing products, services, and processes.
• The startup must not be a subsidiary, franchise, Section 8 company, trust, association, or a result of a merger/demerger.
• Entities who have previously won under the Idea2PoC/ELEVATE Grant Scheme or other State Government Grants are not eligible until 3 years have passed from the date of the previous selection.

For SC/ST Entrepreneurs

• At least one Director/Partner must belong to the SC/ST community and hold a minimum of 70% equity in the company/firm.
• The SC/ST Director/Partner must possess a valid digital caste certificate from the Revenue Department, Government of Karnataka.