Kerala Startup Mission provides multiple avenues for getting financial support for startups. Startups can choose the relevant scheme based on the Startup Stage/Funding requirements etc.

1. KSUM Seed Fund

2. Rent Subsidy Scheme for Scaleup Startups

3. Technology Transfer Support for Women Entrepreneurs

4. Soft loan against purchase order - Women Entrepreneurs

5. Revolving fund for SC Startups

6. Innovation Grant

7. Patent Support Scheme

8. Investor Cafe

Funding offered by Other Agencies

1. Kerala Financial Corporation

Loan for executing purchase orders

• Should have secured a firm purchase order from a Government / PSU / Reputed Private Sector Enterprise

• Maximum Loan Rs. 10 crore

Venture Debt Funding

• For IT Hardware and Software Enterprises

• Should have undergone due diligence by a SEBI accredited Venture capital Fund

• Maximum Loan Rs. 10 crore

Seed Loan Assistance

• Should be working on development of socially relevant product which addresses any of the Sustainable Development Goals prescribed by UNO

• Loan up to Rs. 1 crore

• Repayment period up to 3 years

IPMC (Investment Promotion Management Cell )

Investment Promotion Management Cell (IPMC)

Investment Promotion Management Cell (IPMC) in the Kerala State IT Mission, headed by the Director of KSITM, administers incentive schemes of the Government of Kerala for IT sector. The Fiscal incentives announced in the IT Policy 2017 are operative from 01.12.2016 and shall remain in force for a period of 6 years. The following Fiscal incentive schemes are available for IT/ ITES units:

Standard Investment Subsidy (SIS):-

SIS is a scheme of the Government of Kerala to promote productivity, job opportunities and entrepreneurship in ICT/ ITES sector in Kerala. The Government provides subsidy based on Fixed Capital Investment (FCI) of the IT Unit.