Home |KSUM | Where should I apply to get INR 2 lakh, 7 lakh , 12 lakh grant from Kerala Startup Mission ?

Where should I apply to get INR 2 lakh, 7 lakh , 12 lakh grant from Kerala Startup Mission ?

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Kerala Startup Mission, Government of Kerala verified
Answered on August 18,2020

The Scheme is currently put on hold.Open call will be made from Kerala Startup Mission once the program is reinstated.

Update: October 9, 2020

Application for the innovation grants- idea grant and productization grant are open now!

Startups who are looking for KSUM grant support may apply through given link.   Application link-  Innovation Grant

Idea Grant 

Support 

  • Upto 2 lakhs in installment 

ELIGIBILITY

  • Startups at stages of Ideation & Designing Stage, Proof of Concept Stage, Minimum Viable Prototype Development Stage can only apply 

  • KSUM Unique ID is mandatory

  • For the partnership firm, Company incorporation as Pvt Ltd is mandatory for the fund disbursement process.

  • Startups who have already availed Idea Grant before won't be eligible.

Selection 

  • The applications received by KSUM will first be shortlisted by a panel of experts.

  • For the shortlisted startup will be called for the presentation in front of the Expert committee.( As per the Covid protocol)

  • The Final selection will be based on the recommendation from the Expert committee 

Important Dates 

Last day of Application: 23rd October 2020

First Shortlisting: 1st November 2020

Productization Grant 

Support 

  • Upto 7 lakhs in installment 

ELIGIBILITY

  • Startups at stages of Ready for Release, Product Launched & Early demand creation can only apply 

  • KSUM Unique ID is mandatory

  • Company incorporation as Pvt Ltd or LLP is mandatory.

  • Startups who have already availed Productization Grant won't be eligible.

  • Startups who are newly applying is eligible for a Productisation Grant upto Rs.7 Lakhs

  • Startups or Products who had already availed Idea Grant is eligible for Productization Grant only upto Rs.5 Lakhs

Selection 

  • The applications received by KSUM will first be shortlisted by a panel of experts.

  • For the shortlisted startup will be called for the presentation in front of the Expert committee . As per the Covid protocol

  • The Final selection will be based on the recommendation from the expert committee 

Important Dates 

Last day of Application: 23rd October 2020

First Shortlisting: 5th November 2020

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