Market Acceleration Grant — Eligibility Criteria

To be eligible for the Market Acceleration Grant, applicants must meet several key criteria, ensuring the program supports ventures poised for growth:

• Applicants must be operating in the early revenue stage, indicating that their product or service has already achieved market validation and is ready to scale its reach.
• The startup must possess an innovative technology-based product, aligning with the grant's focus on driving economic growth and competitiveness through technological innovation within Kerala's startup ecosystem.
• A valid KSUM Unique ID is mandatory, ensuring formal recognition within the Kerala Startup Mission's ecosystem and facilitating streamlined access to its resources.
• Applicants must be legally incorporated as a Private Limited Company, a Limited Liability Partnership (LLP), or a One Person Company (OPC), with an active status from the Ministry of Corporate Affairs (MCA). This ensures legal compliance and a structured business entity, which is crucial for grant management and scaling operations.
• Startups that have previously received an Idea Grant or Productization Grant from KSUM are still eligible to apply, but only for the remaining eligible amount up to the overall grant ceiling of ₹10 lakhs. This policy prevents double-dipping while providing continuous support to promising ventures across different growth stages.

Market Acceleration Grant is open to startups at the revenue stage. The programme is targeted at startups registered in Kerala. Applicants should be registered as private limited and llp.