Karnataka launched ELEVATE 2024 and Karnataka Acceleration Network (KAN) to support start-ups. ELEVATE 2024 is a grant scheme offering up to ₹50 lakh per start-up to help early-stage companies with seed funding. ELEVATE also provides support through incubation, expert mentorship, incentives, and venture capital access. Karnataka Acceleration Network (KAN) offers mentorship, market access, and funding opportunities for growth-stage start-ups across Karnataka. Both initiatives aim to address funding challenges and foster growth for start-ups in the state.
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