Beyond Bengaluru Cluster Seed Fund
A programme by Karnataka Digital Economy Mission (KDEM) (Karnataka Digital Economy Mission)
A Government of Karnataka-backed equity fund for early-stage companies incorporated in Karnataka and operating outside Bengaluru Urban district.
At a glance
| Best for | Early-stage, innovation-driven companies incorporated in Karnataka, operating outside Bengaluru Urban |
|---|---|
| Stage | Prototype – Early revenue |
| Format | In person |
| Cost | Free, takes equity |
| Run with | Government of Karnataka - Department of Electronics, IT, BT & S&T, Karnataka Asset Management Company (KAMCO) |
About Beyond Bengaluru Cluster Seed Fund
The Beyond Bengaluru Cluster Seed Fund is a Government of Karnataka initiative that invests in early-stage, innovation-driven companies operating outside Bengaluru. It is structured as a SEBI-registered Category I Alternative Investment Fund, with the Government of Karnataka as primary sponsor, Karnataka Asset Management Company (KAMCO) as fund manager, and KDEM as strategic partner.
What you get
- Equity investment from a regulated venture capital fund
Who can apply
- A Private Limited Company
- Incorporated in Karnataka
- Operating from a district in the Beyond Bengaluru region, i.e. outside Bengaluru Urban
- In a priority sector such as IT, biotechnology, electronics systems design and manufacturing, semiconductors, animation/VFX/gaming/comics, deep tech, aerospace, robotics, clean technology, IoT, mobility or manufacturing
How selection works: Applications are first screened against the eligibility criteria, then reviewed by a Cluster Level Advisory Committee, and the Fund's Investment Committee makes the final investment decision. Any investment is also subject to due diligence and definitive agreements.
How to apply: Submit the fund's single common application form. Applications are accepted on a rolling basis, with no fixed deadline.