Kerala Startup Mission
Supports technology-based startups with market validation ready to scale operations, up to ₹15 lakhs.
The Scale-up Grant, an initiative by the Kerala Startup Mission (KSUM), the nodal agency of the Government of Kerala for entrepreneurship development, is designed to empower innovative, technology-based startups that have successfully achieved significant market validation. KSUM's mission is to foster innovation, create jobs, and drive economic growth by supporting startups across different stages of their journey. This program specifically targets companies that are primed to scale their operations, having demonstrated proven traction and entering a high-growth phase, playing a pivotal role in nurturing Kerala's startup ecosystem.
The scheme provides substantial financial assistance of up to ₹15 lakhs, aiming to catalyze the expansion and growth of eligible startups. Funds are disbursed in milestone-based tranches, ensuring adherence to KSUM's guidelines and established performance benchmarks. A provision exists for startups that have previously benefited from other KSUM grants, such as Idea, Productization, or Market Acceleration Grants, allowing them to apply for the remaining eligible amount under the Scale-up Grant.
The funding is strategically intended to facilitate critical business development areas. It can be utilized for expanding into new geographical markets, strengthening branding and marketing initiatives, implementing product feature enhancements, and accelerating customer acquisition strategies to drive revenue growth. The grant primarily supports marketing, branding, business development, and customer acquisition, with specific caps applied to product enhancement activities, ensuring strategic allocation of resources for maximum impact.
Rolling basis