Venture Center

Idea Grant- Kerala Startup Mission

Organization
Kerala Startup Mission
Fund type
Grant
Source
Government
Status
Active
Focus area
Biotech, Medtech, Health & rehabilitation | Agriculture, food and nutrition | Cleantech, energy, environment, waste, sanitation | Automation, mobility | Hardware, software, IOT, data, AI, ML | Industrial Products | Material Tech, textiles | Space and Aviation | Edtech, Fintech | Other sectors
Target
Private Limited Company | Limited Liability Partnership | Registered Partnership | Individual- students | Individual- Innovators | Individual- academicians | Individual- researcher | women entrepreneurs
Fund range
< Rs. 10 lakhs | Rs. 10 lakhs- Rs. 25 lakhs
Fund stages
A. Technology Development | D. Technology Scale-up/ Validation / De-risking | E. Market Entry

The Govt. of Kerala has introduced the Innovation Grant scheme to provide financial assistance to startups and entrepreneurs to help them convert their innovative ideas into full-fledged ventures. This scheme is implemented through Kerala Startup Mission, which is the nodal agency of Govt. of Kerala for startup-related activities and schemes. Upto Rs. 3 lakhs depending on the product development stage.

Purpose

An early-stage funding scheme designed to support innovative startups in the Ideation, Design, Proof of Concept (PoC), and early Minimum Viable Prototype (MVP) stages