State IncentiveDepartment of Industries & Commerce, Govt. of KeralaVerified 7 May 2026Official source

Kerala Startup Mission (KSUM) Idea Grant

The Kerala Startup Mission Idea Grant supports MSMEs with capital investment and interest subvention, promoting growth through schemes like the Entrepreneur Support Scheme and Mission 1000. Eligible businesses receive financial aid, subject to committee reviews and statutory compliance.

Maximum amount
₹3.0Cr
Typical payout
₹10.0L
Processing time
8–24 weeks
Application window
Cohort-based application phases

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Eligibility criteria

Company type
Private Limited, LLP, One Person Company, Proprietorship
Stage
Idea Stage, Pre-Revenue, Early Stage (Revenue < ₹1Cr)
States
Kerala
Sectors
ai, saas, healthtech, edtech, fintech, iot, cleantech, biotech, agritech, manufacturing, other

Documents required

1
Udyam Registration Certificate
Valid Udyam Registration Certificate is required for identification and registration of the enterprise.
Tip: Ensure the certificate is up-to-date and matches your business details.
2
PAN Card
PAN Card of the enterprise or proprietor is mandatory for identification purposes.
Tip: Verify that the name on the PAN card matches business registration documents.
3
Aadhaar Card
Aadhaar Card of all promoters is required for identification and verification.
Tip: Ensure the Aadhaar details are current and linked to a valid mobile number for OTP verification.
4
Self-attested Project Report
Detailed project report should include machinery, land, and building expenses.
Tip: Provide clear breakdowns and justifications for each cost element to aid approval.
5
Bank Statements
Bank statements showing asset purchases to verify financial transactions.
Tip: Highlight relevant transactions and ensure statements are clear and understandable.
6
CIBIL Report
CIBIL Report is required to assess creditworthiness. No direct canonical key fits.
Tip: Ensure your CIBIL score is sufficient and the report is recent (within the last 6 months).
7
Local Body Trade License
Valid trade license from local body, necessary for business operations. No direct canonical key fits.
Tip: Verify that the license is current and reflects the correct business activities.
8
Pollution Control Board Clearance
PCB Clearance ensures environmental compliance for your business operations.
Tip: Check all compliance requirements and ensure no pending notices with the board.
9
KSEB Consumer Profile
Power Connection/KSEB profile needed for electricity consumption verification. No direct canonical key fits.
Tip: Ensure profiles are accurate and reflect recent changes, if any.
10
Application Fee Receipt
Receipt or challan for the online application fee payment of ₹1105.
Tip: Keep digital and physical copies as proof of payment during the application.
11
Caste Certificate
For SC/ST entrepreneurs to avail category benefits. This is conditional.
Tip: Ensure the certificate is issued by a Gazetted Officer and is valid.
12
Age Proof
Proof of age (School certificate or passport) for young entrepreneur category. No direct canonical key fits.
Tip: Ensure documents clearly display birthdate and are legible.
13
Partnership Deed, MoA/AoA, and Board Resolution
Required for non-proprietary units to validate business structure. Conditional.
Tip: Ensure these documents are self-attested and accurately reflect your business practices.
14
Audited Balance Sheets
Last 3 years' audited balance sheets are needed for Mission 1000 Scaling.
Tip: Verify that all financial statements are thoroughly audited and accurately represent your financial status.
15
Bank sanction letter
For Term Loan / Working Capital Loan validation.
Tip: Ensure the letter contains all loan terms and is signed by the bank authority.

How to apply for KSUM Idea Grant

1
Create an account and access the dedicated Mission 1000 Portal.Open portal
2
Select either 'Entrepreneur Support Scheme' or 'Scale Up Mission' under the financial assistance tab.
3
Pay the mandatory ₹1105 application fee online through the treasury e-challan integrated gate.
4
Upload all digitized PDF files from the mandatory documents list and hit submit.
5
Print out the automatically generated digital acknowledgement receipt.
6
Application lands with DIC, and IEO coordinates a physical site visit.
7
Application undergoes committee evaluation, and upon approval, a subsidy sanction order is generated online.

Frequently asked questions

Who is eligible for KSUM Idea Grant?

KSUM Idea Grant is available to Private Limited, LLP, One Person Company, Proprietorship companies at the Idea Stage, Pre-Revenue, Early Stage (Revenue < ₹1Cr) stage, across Kerala.

How much funding does KSUM Idea Grant provide?

KSUM Idea Grant provides up to ₹3.0Cr. Most applicants receive around ₹10.0L.

How long does KSUM Idea Grant approval take?

The typical processing time from submission to disbursement is 8–24 weeks.

Is KSUM Idea Grant currently accepting applications?

Yes, KSUM Idea Grant is currently active and accepting applications. Application window: Cohort-based application phases.

Ready to apply for Kerala Startup Mission (KSUM) Idea Grant?

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Information is based on publicly available scheme guidelines. Last verified 7 May 2026. Always verify with official sources before applying.