The Karnataka Startup Policy is a state-level initiative by KBITS, Government of Karnataka, offering various support instruments to registered startups in Karnataka.
The Karnataka Startup Policy is a comprehensive state-level initiative administered by KBITS, Government of Karnataka. This policy aims to foster the growth of registered startups within Karnataka, providing a structured framework for their development.
Under this policy, various support instruments are available to eligible startups. These include assistance for patent filing, reimbursement for marketing and internationalisation expenses, and GST/VAT reimbursement. Each of these instruments operates as a distinct program.
Karnataka startups get up to ₹5 lakh reimbursement for international marketing; women founders preferred.
Reimbursement of patent filing fees (₹2L–₹10L) for KBITS-registered incubated startups in Karnataka.
GST/VAT/CST reimbursement on goods supplied to physically incubated Karnataka startups with turnover up to ₹50 lakhs, disbursed annually for first 3 incubation years.
Compare this scheme's programs against the wider funding landscape.