Unnati Scheme

Unnati, a first of its kind initiative of the Department of Social Welfare, Government of Karnataka intends to provide a comprehensive entrepreneurship platform for startups.

The aim of this program is to cater to the end to end requirements of a startup i.e. from identifying the innovation, validating it, providing seed capital and eventually giving them the market access

Under the Unnati Yojana for SC/ST community of Karnataka state government will give up to Rs 50 lakhs rupee financial support to the winning entrepreneurs to develop tech-based solutions.

The total investment under the Scheme for Entrepreneurs is Rs 20 crore. This Scheme will be implemented under the two categories. In the first stage of implementation, the Government will provide financial support to the SC/ST Entrepreneurs.

1. Start-ups with an innovative tech based idea/solution.
2. Should be registered as an entity (Pvt Ltd/OPC, LLP/Partnership, Proprietorship) in Karnataka.
3. At least one of the members/co founders should belong to SC/ST community or should hold a substantial share
4. Such SC/ST member/co founder should continue to be a part of the business for at least one year from the date of receiving benefits from the department
5. Terms and conditions of ownership should not be altered to his/her disadvantage during the course of business
6. Total revenue generated in terms of turnover from the date of incorporation should be less than INR. 50 Crore
7. At least 50% of qualified workforce should be engaged in Karnataka
8. Less than 4 years from the date of incorporation for Technology based and 07 years for Biotechnology based companies
9. Start-ups applying under social impact should justify how the technological innovations help people belonging to Schedule caste community.