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ELEVATE-CALL 2 | ELEVATE-UNNATI
January 20, 2020
ELEVATE-CALL 2 :
Eligibility Criteria
- Should be an entity (Pvt. Ltd/ OPC Pvt Ltd/ LLP/ Partnership Firms) Registered 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 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
- 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 Firms) Registered 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 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
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