The Karnataka authorities on Wednesday launched Elevate NxT, a deeptech startup assist programme beneath LEAP (Native Economic system Accelerator Program) with an earmarked corpus of Rs 150 crore.
In line with a press release, the programme invitations deeptech startups from throughout India to use for grant-in-aid assist of as much as Rs 1 crore per startup, together with milestone-based funding, sector-aligned mentorship, and structured ecosystem assist. The purposes are open till February 17, 2026.
Elevate NxT is designed to nurture startups working on the frontiers of science and engineering, with a powerful concentrate on transformative applied sciences, together with synthetic intelligence (AI) and machine studying, web of issues (IoT), blockchain, augmented and digital actuality, robotics, 3D printing, drones, biotechnology, quantum computing, superior supplies, cybersecurity, inexperienced vitality, and spacetech.
In line with N Manjula, Secretary to Authorities, Division of Electronics, Info Know-how, Biotechnology and Science & Know-how (ITBT), Authorities of Karnataka, “Elevate NxT is a key milestone in Karnataka’s DeepTech Decade, geared toward translating frontier analysis into globally aggressive applied sciences. Since 2017, the Elevate program has empowered startups and pushed innovation, job creation, and inclusive financial development throughout Karnataka.”
The programme is open to deeptech startups throughout India because the state authorities goals to leverage the ecosystem with contributions in the direction of innovation-led financial development.
Not too long ago, the Karnataka authorities additionally introduced a brand new startup coverage for 2025–2030, outlining a plan to determine 25,000 new startups over the following 5 years, with at the least 10,000 anticipated to emerge from clusters past Bengaluru.
The state has earmarked Rs 5,70,675 crore for the coverage, which focuses on funding entry, incubation infrastructure, market growth, and regulatory facilitation.
The coverage locations robust emphasis on decentralising startup exercise past Bengaluru and prioritises sectors comparable to AI, blockchain, quantum computing, biotechnology and sustainability-linked applied sciences.
It additionally highlights seven focus areas: funding and grants, incubation and infrastructure, mentoring and ability improvement, market entry and growth, worldwide collaboration, inclusion and sustainability, and regulatory facilitation.
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