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

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