Karnataka’s Deeptech Revolution: Elevate NxT Program Empowers Startups
The Karnataka government has unveiled a groundbreaking initiative, Elevate NxT, aimed at propelling deeptech startups into the limelight. This program, under the Local Economy Accelerator Program (LEAP), boasts a substantial corpus of Rs 150 crore. As a startup enthusiast, you might be wondering how this initiative can impact the landscape and what it means for the future of technology in India.
What is Elevate NxT?
Elevate NxT is designed to support startups at the cutting edge of science and engineering. The program offers:
- Grant-in-aid support of up to Rs 1 crore per startup
- Milestone-based funding
- Sector-aligned mentorship
- Structured ecosystem support
This initiative is open to deeptech startups across India, with applications accepted until February 17, 2026.
Focus on Transformative Technologies
Elevate NxT targets startups working with transformative technologies such as:
- Artificial Intelligence (AI) and Machine Learning
- Internet of Things (IoT)
- Blockchain
- Augmented and Virtual Reality
- Robotics
- 3D Printing
- Drones
- Biotechnology
- Quantum Computing
- Advanced Materials
- Cybersecurity
- Green Energy
- Spacetech
According to N Manjula, Secretary to the Government, Department of Electronics, Information Technology, Biotechnology and Science & Technology (ITBT), "Elevate NxT is a key milestone in Karnataka’s DeepTech Decade, aimed at translating frontier research into globally competitive technologies."
The Bigger Picture: Karnataka’s Startup Policy 2025–2030
The Elevate NxT program is part of a broader vision outlined in Karnataka’s new startup policy for 2025–2030. This ambitious plan aims to establish 25,000 new startups over the next five years, with at least 10,000 emerging from clusters beyond Bengaluru. The state has allocated Rs 5,70,675 crore to focus on:
- Funding access
- Incubation infrastructure
- Market expansion
- Regulatory facilitation
The policy emphasizes decentralizing startup activities beyond Bengaluru and prioritizes sectors like AI, blockchain, quantum computing, biotechnology, and sustainability-linked technologies.
Why Elevate NxT Matters to You
If you’re involved in the startup ecosystem, Elevate NxT offers several benefits:
- Access to Funding: With grants and milestone-based funding, startups can secure the financial support needed to innovate and scale.
- Mentorship and Ecosystem Support: Sector-aligned mentorship can provide invaluable guidance, helping startups navigate challenges and leverage opportunities.
- Focus on Innovation: By targeting transformative technologies, Elevate NxT encourages innovation that can lead to significant technological advancements.
The Impact on India’s Deeptech Landscape
India’s deeptech sector is poised for growth, and Karnataka’s initiative could serve as a catalyst. By nurturing startups in key technological areas, the program supports innovation-led economic growth. This aligns with global trends where deeptech startups are increasingly recognized for their potential to disrupt industries and create new markets.
A Global Perspective
Programs like Elevate NxT are not unique to India. Globally, countries like the USA and Germany have similar initiatives supporting deeptech innovation. For example, Y Combinator in the USA offers funding and mentorship to early-stage startups, emphasizing transformative technologies.
What’s Next for You?
If you’re a startup founder or tech enthusiast, consider how programs like Elevate NxT can benefit your venture. Could this be an opportunity to pivot towards deeptech? Are there collaborations you can explore within this ecosystem?
Conclusion
Karnataka’s Elevate NxT program marks a significant step in fostering deeptech innovation in India. By providing financial support, mentorship, and a structured ecosystem, it empowers startups to push the boundaries of technology. As the state aims to decentralize startup activities and focus on transformative technologies, the future looks promising for India’s deeptech landscape. How will you leverage this opportunity to shape the future?
For more information on the Elevate NxT program, visit the Department of ITBT.
