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Startup India Seed Fund Scheme

Seed Fund money in Karnataka

DPIIT approved Rs 82.5 crore to 18 incubators here, which is 10.9% of the national pot of Rs 755.3 crore. Rs 53.5 crore of it has actually been disbursed.

Approved

Rs 82.5cr

Disbursed

Rs 53.5cr

65% of approved

Incubators

18

Share of the national pot

83

of 755 (11%)

crore approved, against the whole scheme

Rs 53.5 cr disbursed Rs 29.0 cr approved and not yet drawn

The ledger

Every approved incubator in Karnataka, largest allocation first. Track length is the approved amount against the largest allocation in the state; the filled portion is what has actually been disbursed. An incubator's name is a link only where we hold a published record for it.

DAYANANDA SAGAR ENTREPRENEURSHIP RESEARCH & BUSINESS INCUBATION FOUNDATION Bengaluru Urban
Rs 7.0 cr
Society for Innovation and Development (SID) Bengaluru
Rs 5.0 cr
GINSERV - Global Incubation Services Bengaluru
Rs 5.0 cr
Centre for Cellular and Molecular Platforms (C-CAMP) Bengaluru
Rs 5.0 cr
SJCE-STEP Mysuru
Rs 5.0 cr
Manipal-Government of Karnataka Bioincubator (MUTBI Soc.) Udupi
Rs 5.0 cr
NSRCEL, IIM-Bangalore Bengaluru Urban
Rs 5.0 cr
AIC-CCRI (Atal Incubation Centre- Central Coffee Research Institute), Business Incubator of Coffee Board of India Bengaluru Urban
Rs 5.0 cr
IIITB Innovation Centre (IIITB IC) Bengaluru
Rs 5.0 cr
KLE CTIE Centre for Technology Innovation and Entrepreneurship Hubli-Dharwad
Rs 5.0 cr
Deshpande Startups Hubli-Dharwad
Rs 5.0 cr
ASSISTECH FOUNDATION Bengaluru Urban
Rs 5.0 cr
Rs 4.0 cr
Bangalore Bioinnovation Centre Bengaluru Urban
Rs 3.0 cr
TeeGlobal Accelerator for Innovation Network (The GAIN) Bengaluru
Rs 3.0 cr
Arise Accelerator Bengaluru
Rs 2.0 cr
UASB Agri Innovation Center Bengaluru
Rs 1.0 cr

The register this money sits in

Karnataka has 41,753 companies on the Startup India register across 89 district labels, of which 23,155 carry DPIIT recognition. That works out at Rs 19,759 of approved Seed Fund money per registered company, though the scheme funds incubators rather than the register at large, and only a small number of companies ever receive any of it.

Startups in Karnataka

A note on the source's own arithmetic

The scheme reports Rs 54.4 crore as disbursed to startups in Karnataka, which is more than the Rs 53.5 crore it reports as disbursed to the incubators in the first place. The first and second application blocks overlap in the government's data, so the two figures are not directly comparable. We publish the inconsistency rather than quietly averaging it away, and we treat the approved figure as the reliable one.

Registration is not an operating signal. A large share of registered startups are dormant, and we have no way to tell you which. How we counted.

Seed Fund in other states