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


Kerala Startup Mission
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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