Rajiv Gandhi Entrepreneurship Program 2024 apply online process has begun. RGEP is the latest initiative of Karnataka government to nurture entrepreneurship. The new Rajiv Gandhi Entrepreneurship Programme (RGEP scheme) aims to support 30 selected innovators by providing a monthly stipend of Rs. 25,000 for 12 months, helping them navigate the uncertainties during the ideation phase. The program typically culminates in the creation of a prototype, minimum viable product (MVP) or proof of concept with business potential. 
By doing so, Rajiv Gandhi Udyami Yojana aims to drive innovation-led economic growth within Karnataka. According to an official statement, RGEP is set to support 30 innovators by providing a monthly stipend/subsistence grant of Rs. 25,000 for a duration of 12 months. This financial support is intended to help these innovators navigate the uncertainties of the ideation phase.
The programme culminates in the development of a Prototype, Minimum Viable Product (MVP), or Proof of Concept that demonstrates business potential. Innovators participating in RGEP will be required to collaborate with designated K-Tech partners (Centres of Excellence, TBIs and Innovation Hubs). These hubs will closely monitor the progress of each innovator throughout the 12-month programme, ensuring support and guidance during their entrepreneurial journey.
The state government is investing in Karnataka's future entrepreneurs and disruptors. Read this article till the end to know how to apply online for Karnataka Rajiv Gandhi Udyami Yojana, what is eligibility criteria, last date for registration and other aspects regarding the scheme.
Karnataka Rajiv Gandhi Entrepreneurship Programme Launch
On 19th July 2024, Karnataka government announced the launch of the Rajiv Gandhi Entrepreneurship Programme. This RGEP scheme shall cultivate innovation and fostering entrepreneurship among young and talented graduates. The initiative by the Department of Electronics, IT and Biotechnology signifies a strategic shift from traditional job-seeking to entrepreneurship, offering viable career options, stimulating job creation, and promoting technological advancements.By doing so, Rajiv Gandhi Udyami Yojana aims to drive innovation-led economic growth within Karnataka. According to an official statement, RGEP is set to support 30 innovators by providing a monthly stipend/subsistence grant of Rs. 25,000 for a duration of 12 months. This financial support is intended to help these innovators navigate the uncertainties of the ideation phase.
The programme culminates in the development of a Prototype, Minimum Viable Product (MVP), or Proof of Concept that demonstrates business potential. Innovators participating in RGEP will be required to collaborate with designated K-Tech partners (Centres of Excellence, TBIs and Innovation Hubs). These hubs will closely monitor the progress of each innovator throughout the 12-month programme, ensuring support and guidance during their entrepreneurial journey.
Karnataka Rajiv Gandhi Entrepreneurship Program Application Form
| Name of Scheme | Rajiv Gandhi Entrepreneurship Programme (RGEP) |
| State | Karnataka |
| Objective | An early stage funding programme to promote innovation, startups initiated by students and entrepreneurs |
| Duration of Program | 12 months |
| Monthly Stipend | Rs. 25000 per month |
| Support by | K-Tech Innovation Hubs |
| Last Date to Apply Online | 13 August 2024 |
| RGEP Advertisement | https://itbtst.karnataka.gov.in/storage/pdf-files/RGEPAdvertisement.pdf |
| Apply Online | Rajiv Gandhi Entrepreneurship Program Online Application Form |
| RGEP Guidelines PDF | https://itbtst.karnataka.gov.in/storage/pdf-files/GuidelinesRGEP(3).pdf |
Karnataka RGEP Scheme Eligibility Criteria
The innovator/applicant should:-- be a citizen of India (domicile of Karnataka)
- have completed 3 or 4 years of degree (science/engineering) and have 2 years full time work experience post degree,
- should not be working as an employee with any company for remuneration (contract/outsourced/permanent),
- should not have invested/hold any stake in any other Startup
- must be 28 years or younger as on the date of application
- must be solely dedicated to pursuing the proposed business idea for the program duration of 12 months after selection.
Karnataka RGEP Last Date for Registration
- Start Date for Online Applications - 19th July 2024.
- Last Date for Submission of Application Form - 13 August 2024.
Helpline Number for Rajiv Gandhi Udyami Yojana in Karnataka
- Phone No. 080-22231007
- Email: rgep.startupkar@gmail.com
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Karnataka