The Kerala Startup Mission (KSUM) has invited applications from start-ups and entrepreneurs for the State government’s Innovation Grant to help them convert their innovative ideas into full-fledged ventures under the Kerala Innovation Drive 2022.
The State government has introduced the Innovation Grant scheme to help fledgling enterprises and start-ups since they often find it hard to get early-stage funding. There are five categories of grants – idea grant, productisation grant for women/transgenders, scale-up grant, productisation grant and market acceleration grant.
To apply for idea grant, company incorporation and KSUM’s unique ID are mandatory. For all other categories of grants, start-ups must have completed company incorporation process and KSUM unique ID certification.