With a spirit to boost start-up ecosystem in Karnataka, the state government’s ambitious ‘Elevate 100’ programme, to identify 100 most promising enterprises, has attracted about 1700 registrations within the two-week window period.
Registrations have come in from a variety of sectors, such as IT/BT, manufacturing, farming, pharma, animation, etc. Of the total entries received, maximum of 109 are from Hubli, while other cities and towns have contributed less than 100 each. Of these, 400 are from rural areas. Also, as many as 350 women-run start-ups have registered.
The start-ups will now pitch their ideas through presentations at ‘pitch-to-Elevate’ jury meets over a period of 11 days, ending August 8. The evaluations are in full swing now in various cities and 200 start-ups will be shortlisted. Mysuru has already held the session. Up-next are Mangalore, Hubli, Karburgi and Bengaluru.
Startups from diff sectors chosen after a rigorous application process that ended on July 21. #mysuru #Elevate100 pic.twitter.com/do6xXGw8yP
— Startup Karnataka (@Startup_Kar) July 27, 2017
The shortlisted 200 start-ups will be then addressed by these jury members with a final presentation, in the presence of a grand jury, in Bengaluru on August 29 and August 30, where the final 100 will be shortlisted.
In order to elevate start-ups in the state, ‘Elavate 100’ program was launched by Karnataka IT and BT Minister Priyank Kharge on July 4. The program aims to help 100 start-ups with government funds of worth Rs 400 crore to provide technology solutions and do away with problems and challenges pertaining to various sectors.
#Elevate100 pitches happening with energy! Jury giving live feedback! #Mysuru #StartupKarnataka pic.twitter.com/W0FJUCtwl2
— Startup Karnataka (@Startup_Kar) July 27, 2017