KSUM invites application from startups for scale-up grant
>>Selected ones to get up to Rs 12 lakh
Kerala Startup Mission (KSUM) has invited applications under its Innovation Grant Scheme for providing scale-up grant of up to Rs 12 lakh to startups that are developing technology innovations and products and have begun attracting investments or generating revenue.
The selected startups will receive the grant for ramping up their product sales. Startups registered in Kerala and are operating from the state can apply for it. They must have a revenue or investment inflow of at least Rs 12 lakh in the last six months.
Application deadline is October 20. A shortlist of startups will be announced on October 27 and pitch days have been scheduled on November 3 and 10. The result will be declared on November 20.
For more details, visit: https://tinyurl.com/scale-upgrant
Government 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.
KSUM is the nodal agency of Government of Kerala for entrepreneurship development and incubation activities in the state.