The state government of Karnataka has launched an ambitious scheme named Unnati to promote technology start ups run by by SC/ST entrepreneurs as well as those that are developing a product or a solution with a strong rural-focus. Karnataka government has sanctioned a budget of Rs. 20 Crore for this programme but it may go up to Rs 100 crore which will depend on the response. Unnati Karnataka Application Form will be released at the official website www.kalyanakendra.com from 10th October.
The government will invest Rs 50 lakh in these startups. The start ups under this scheme will get funding as well as the government will also assist in pilot tests in rural areas by providing mentorship from the social welfare department along with the industry experts.
The interested and eligible start ups will be able to fill Karnataka Unnati application form from 10th October 2018 at official website www.kalyanakendra.com. The highlights and the details of the scheme are given below in this artcle.
Unnati Karnataka Scheme Details
The state government of Karnataka has started this scheme for the entrepreneurs who are from SC/ST category and this scheme will provide various benefits.
- The scheme is open for all the startups based in Karnataka, that are under four years old and have half of their workforce employed in the state.
- The startups that are eligible for the funding need to either have an SC/ST entrepreneur with a hands-on role in management, with a good idea for the startup, regardless of the sector or a startup run by any member of any community, solving a real-world problem in areas like health, education, sanitation, waste segregation, and mechanized scavenging in rural areas.
- Under the Unnati scheme, the government has earmarked ₹20 crores, but it can go up to ₹100 crores, depending on the response. The state government will invest up to ₹50 lakhs in these startups.
- The state government is looking to encourage entrepreneurs to focus on real-world problems by leveraging technologies like artificial intelligence and robotics.
The scheme was announced by Karnataka’s Social Welfare Minister Priyank Kharge, at an event conducted by digital media startup YourStory. A three-member screening committee chaired by the Minister will screen proposals and evaluate them. The application forms will be available from Oct 10 at www.kalyanakendra.com.