Karnataka launches ‘Elevate 100’ scheme for start-ups

The Karnataka government has launched the ‘Elevate 100’ scheme to identify and nurture innovative start-ups. The aim is to identify 100 most innovative start-ups in the state to elevate them to the next level of success.

The Elevate scheme is the brainchild of the start-up cell, Karnataka Biotechnology and Information Technology Services (KBITS), to help start-ups across the state succeed by providing them with access to mentors, networking opportunities, and in-depth sessions for start-ups on accounting, and emerging technologies. The website and logo for Elevate 2017 (www.elevate.bengaluruite.biz) were also unveiled.
Important Takeaways from Above News-
  • Siddaramaiah is the CM of Karnataka.
  • Vajubhai Vala is the Governor of Karnataka.
Source- The Hindu Business Line

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