Kerala Innovation
Drive 2022
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Idea Grant
upto 3 Lakhs
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Productisation Grant
upto 7 Lakhs
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Productisation Grant for
Women/ Transgender
upto 12 Lakhs
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Market Acceleration Grant
upto 10 Lakhs
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Scale Up Grant
upto 15 Lakhs
About Innovation Grant
Govt. of Kerala has introduced the Innovation Grant scheme to provide financial assistance to startups, entrepreneurs and students to help them convert their innovative ideas into full fledged ventures. This scheme is implemented through Kerala Startup Mission (KSUM), which is the nodal agency of Govt. of Kerala for startup related activities and schemes. This year KSUM is calling the application for:
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Idea Grant
upto 3 Lakhs
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Productisation Grant
upto 7 Lakhs
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Productisation Grant for
Women/ Transgender
upto 12 Lakhs
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Market Acceleration Grant
upto 10 Lakhs
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Scale Up Grant
upto 15 Lakhs
Eligibility
Eligibility for applying to innovation Grant
  • An innovator based in and out of Kerala can apply for Idea grant without KSUM Unique ID. Company incorporation (PVT/LLP/OPC) and KSUM unique ID are mandatory for the fund disbursement process.
  • A startup legally registered with KSUM unique ID Certification in Kerala can apply for Idea/Productization/Market Acceleration/Scaleup Grant).
  • Women/Transgender having 51% Share can apply for Productization Grant for Women/Transgender
Selection
  • The applications received will first be scrutinized by KSUM
  • Then the applications will be shortlisted by a panel of experts (If the number of applications is large)
  • The completeness of the online application form is mandatory for shortlisting and further selection
  • 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 and approvals from the authorities
For more details
Arun G
Assistant Manager
arun@startupmission.in
0471 2700270
0 80471 80470 Ext. No: 311