<ul><li>The Karnataka government has launched two initiatives, Elevate 2024 and Karnataka Accelerator Network (KAN), to support startups.</li><li>Elevate 2024 will provide grants of up to Rs 50 lakhs per startup, along with extensive support and access to venture capital networks.</li><li>KAN will facilitate mentor and mentee accelerators for growth-stage startups, benefiting a total of 302 startups over three years.</li><li>The government aims to strengthen the startup ecosystem and build Karnataka as a leading hub for innovation and entrepreneurship.</li></ul>

Karnataka launches Elevate and KAN to support startups

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