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ELEVATE-CALL 2 | ELEVATE-UNNATI

January 20

ELEVATE CALL 2 and ELEVATE UNNATI

 

elevate call 2 | elevate unnatural 2020

ELEVATE-CALL 2 :

Eligibility Criteria

  • Should be an entity (Pvt. Ltd/ OPC Pvt Ltd/ LLP/ Partnership FirmsRegistered or Incorporated in Karnataka. (private limited company (as defined in the Companies Act, 2013) or registered as a partnership firm (registered under section 59 of the Partnership Act, 1932) or a limited liability partnership (under the Limited Liability Partnership Act, 2008)
  • Total revenue generated in terms of turnover from the date of incorporation should be less than INR 100 Crore
  • Startups should not have crossed 10 years from the DATE of INCORPORATION/ REGISTRATION Certificate  as on 20th January, 2020
  • Startups/Entity working towards innovationdevelopment or improvement of products or processes or services, or if it is a scalable business model with a high potential of employment generation or wealth creation
  • Applications not meeting the above mentioned ELIGIBILITY CRITERIA shall be Disqualified at any Stage of the Selection/ Funding process resulting in the cancellation of their Application/Grant
  • ELEVATE CALL2 Application is open from 06th January, 2020 (06:00:00 PM) to 20th Januray, 2020 (05:00:00 PM)

ELEVATE-UNNATI(A unique call Open for Startups by SC/ST Entrepreneurs):

Eligibility Criteria

  • Should be an entity (Pvt. Ltd/ OPC Pvt Ltd/ LLP/ Partnership FirmsRegistered or Incorporated in Karnataka. (private limited company (as defined in the Companies Act, 2013) or registered as a partnership firm (registered under section 59 of the Partnership Act, 1932) or a limited liability partnership (under the Limited Liability Partnership Act, 2008)
  • Total revenue generated in terms of turnover from the date of incorporation should be less than INR 100 Crore
  • Startups should not have crossed 10 years from the DATE of INCORPORATIONREGISTRATION Certificate as on 20th January, 2020
  • Startups/ Entity working towards innovation, development or improvement of products or processes or services, or if it is a scalable business model with a high potential of employment generation or wealth creation
  • At least one of the founders/co-founders should belong to SC/ST community and should hold a substantial STAKE/SHARE in the entity
  • Such SC/ST founder/co-founder should continue to be a part of the project for at least one year from the date of receiving benefits under this grant from the Department
  • Terms an
    d conditions
     of ownership should not be altered to his/her disadvantage during the course of project
  • Applications not meeting the above-mentioned ELIGIBILITY CRITERIA shall be Disqualified at any Stage of the Selection/ Funding process resulting in the cancellation of their Application/Grant
  • ELEVATE-UNNATI Application is open from 06th Januray, 2020 (06:00:00 PM) to 20th Januray, 2020 (05:00:00 PM)

Instructions:-

  • * Registration with shops and establishment cannot be accepted as a certificate of incorporation/ registration to apply for the call.
  • MSME, Udyog Adhar, GST, Trade Union, KMF, VAT certificates etc. shall not be considered as certificate of incorporation as per the Karnataka Startup Policy Government Order.
  • The startup cannot be a subsidiary/ franchise/ white labeled reseller/ part of a group company.
  • The startup cannot have a partnership value with another company/ entity.
  • It cannot be a section 8 company or Trust/ Association/Society or a non-profit company.
  • It Cannot be a Merger/ Demerger of a bigger organization.
  • It cannot be a part of any Govt. initiative/ aided partner or public-private partnership company/firm.

 

Apply Here

https://startup.karnataka.gov.in/elevate

Details

Date:
January 20
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Website:
https://startup.karnataka.gov.in/elevate

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