ELEVATE NXT 2026 Deeptech Grant-in-Aid Program — Frequently Asked Questions
Answers to the questions founders most often ask about ELEVATE NXT 2026 Deeptech Grant-in-Aid Program — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding is offered?
Eligible startups can receive a grant-in-aid of up to ₹1 crore (₹1,00,00,000) as milestone-driven funding.
What is the application deadline for ELEVATE NXT 2026?
The application deadline is February 24, 2026.
Who is eligible to apply for this program?
Legally registered entities (Private Limited Company, LLP, or Registered Partnership Firm) less than 10 years old with annual turnover under ₹100 Crores and a minimum team of two individuals can apply. The startup must be independent and not a subsidiary. Startups that received an ELEVATE grant in the last 3 years are ineligible.
Does the program require DPIIT or MSME registration?
The eligibility criteria do not mention mandatory DPIIT or MSME registration. However, startups should check for any additional requirements on the official application portal.
Can startups from outside Karnataka apply?
Yes, startups from anywhere in India can apply. However, if selected, the startup must relocate its registered office to Karnataka within four months of the result declaration.
What stage should my startup be at?
Your startup must have a Technology Readiness Level (TRL) between 3 (experimental proof of concept) and 8 (system complete and qualified) and must be classified as a Deeptech startup using advanced technologies like AI, ML, IoT, Blockchain, etc.
What documents are typically needed for the application?
Applicants need to provide a 200-word self-justification of their Deeptech status, declare TRL, upload two pitch decks, and submit relevant affidavits. Additional documents may be specified on the official Elevate portal.
How do I apply for ELEVATE NXT 2026?
Submit your application online through the official Elevate Karnataka portal at missionstartupkarnataka.org/elevate-karnataka. Follow all submission instructions and meet the February 24, 2026 deadline.
Does the program take equity?
No, ELEVATE NXT 2026 is a grant-in-aid program, which mean it provides non-dilutive funding. No equity or repayment is required — funds are disbursed upon achieving agreed milestones.
What selection criteria are used?
Applications undergo a data sufficiency check, Level 1 jury evaluation on Deeptech qualification, and then in-person pitching (including a Grand Finale). Final selection is based on weighted jury scores and milestone approval.
Who offers ELEVATE NXT 2026 Deeptech Grant-in-Aid Program?
ELEVATE NXT 2026 Deeptech Grant-in-Aid Program is offered by KBITS, Government of Karnataka, a government body. It is provided as non-dilutive funding.
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