Karnataka Launch Unnati Scheme -Application form to Fund Startups Run by SC/ST Youth

October 6, 2018 | Last Modified: October 6, 2018 at 4:46 pm | Category: Karnataka

The state government of Karnataka launched Unnati scheme, its ambitions programme aimed to promote technology startups steered by SC/St entrepreneurs, along with startups that and developing products or solutions with a focus on rural areas for social impact. The scheme was announced by Karnataka`s social welfare Minister Priyank Kharge, at an event conducted by digital media startup youth Story.

The state government is looking to encourage entrepreneurs to focus on real-world problem by leveraging technologies. Application form for Karnataka Unnati Scheme will remain available from 10th October 2018. The government has earmarked Rs.20 crores under Unnati Scheme, but it can go up to Rs.100 crores, depending on the response. The state government will invest up to Rs.50 lakhs in these startups.

Karnataka Unnati Scheme to Fund Startups

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 area like health, sanitation, education, waste segregation and mechanised scavenging in rural areas. Apart from proving funding for the startups the state government of Karnataka will also assist in pilot tests in rural areas, providing mentor ship from the Social Welfare Department along with industry experts.

Karnataka Unnati Scheme Application Form and Selection Process

The government has set aside a budget of Rs.20 crore to encourage startups that will results in job creation and skill development among Dalit and Adiasi youth among the others and push for real change on the ground. The application forms for the startups will be available at officially website www.kalyanakendra.com from 10th October 2018, which will be then evaluate by a three member steering committee chaired by minister.
The shortlisted startups will be eligible to run pilot tests of their ideas in the rural areas and reveive mentorship from the Social Welfare Department as well as Industry experts. At the successful completion of the pilots their products will be guided through to a Proof of Concept and Market ready stage. The scheme is open to all startups that are under 4 years and registered as an entity in Karnataka with half of their workforce employed in the state.

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