Business
Karnataka launches ELEVATE 2026 scheme offering up to ₹50 lakh grant to minority entrepreneurs
The Karnataka government has opened online applications for the ELEVATE Minorities 2026 programme, providing one‑time innovation grants of up to ₹50 lakh to eligible minority‑run startups and enterprises.
The Karnataka government has launched the ELEVATE Minorities 2026 scheme, aimed at supporting emerging startups and entrepreneurs from minority communities, with online applications now open.
Under the programme, eligible institutions can receive a one‑time innovation grant of up to ₹50 lakh to fund product development, technology adoption, or market expansion.
The initiative forms part of the state's broader effort to promote inclusive entrepreneurship and strengthen Karnataka's startup ecosystem. Applications are being accepted through a dedicated portal that outlines eligibility criteria and required documentation.
The government has urged interested minority‑run enterprises to submit their proposals through the online system, emphasizing that the grant is intended to accelerate innovation and growth among under‑represented entrepreneurs.
Under the programme, eligible institutions can receive a one‑time innovation grant of up to ₹50 lakh to fund product development, technology adoption, or market expansion.
The initiative forms part of the state's broader effort to promote inclusive entrepreneurship and strengthen Karnataka's startup ecosystem. Applications are being accepted through a dedicated portal that outlines eligibility criteria and required documentation.
The government has urged interested minority‑run enterprises to submit their proposals through the online system, emphasizing that the grant is intended to accelerate innovation and growth among under‑represented entrepreneurs.