Productisation Grant
A grant from Kerala Startup Mission (KSUM) supporting technology startups to transform their Minimum Viable Prototypes (MVPs) into market-ready products, offering up to ₹12 lakhs.
- Funding amount
- ₹7L (grant)
- Funding type
- Grant
- Provider
- Kerala Startup Mission (Government)
- Application deadline
- Rolling
- Eligible stage
- Product
- Location
- Open to startups registered in India
Overview
The Productisation Grant is an initiative by the Kerala Startup Mission (KSUM), the leading agency of the Government of Kerala for fostering the state's startup ecosystem. This grant is specifically designed to assist technology-focused startups during the crucial product development phase, helping them evolve a functional Minimum Viable Prototype (MVP) into a fully market-ready product.
KSUM plays a vital role in nurturing innovation and entrepreneurship within Kerala, providing various programs that support startups from their initial ideas through to scaling. This grant exemplifies KSUM's commitment to bridging the gap between technological innovation and commercial success, enabling startups to overcome common hurdles in product refinement, testing, and market preparation.
Financial assistance is provided up to a maximum of ₹7 lakhs for general applicants. Women-led startups, where women hold a significant majority stake, are eligible for an enhanced grant of up to ₹12 lakhs. Startups that have previously received an Idea Grant from KSUM can apply for the remaining balance of the Productisation Grant. Funds are disbursed in structured, milestone-based tranches, aligning with KSUM's guidelines to ensure efficient utilization for product advancement.
This grant is exclusively for startups developing innovative, technology-based products. It aims to bolster product development efforts, facilitate essential testing and validation, and prepare products for successful early market entry. It is important to note that certain expenses are explicitly excluded, such as founder salaries, the purchase of fixed assets like land or buildings, high-end equipment exceeding ₹2 lakhs, rent, and major infrastructure setup costs.
Highlights
- Financial assistance up to ₹7 lakhs (general) or ₹12 lakhs (women-led).
- Aims to convert Minimum Viable Prototypes (MVPs) into market-ready products.
- Equity-free grant provided by Kerala Startup Mission (KSUM).
- Exclusively for innovative technology-based products.
- Requires a 20% margin money commitment from the startup.
- Funds disbursed in milestone-based tranches.
Who can apply
To be eligible for the Productisation Grant, startups must be actively engaged in the product development stage, specifically working on converting a Minimum Viable Prototype (MVP) into a market-ready offering. This requires the startup to possess a functional prototype demonstrating core features, with the grant intended to support further development towards a robust commercial launch.
The applying entity must be formally incorporated as either a Private Limited company or a Limited Liability Partnership (LLP), maintaining active status with the Ministry of Corporate Affairs (MCA). This ensures legal compliance and a structured business foundation.
Applicants must own an innovative, technology-based product, emphasizing the grant's focus on proprietary technological solutions rather than service-oriented or generic business models. Furthermore, possession of a valid KSUM Unique ID is mandatory at the time of application, serving as a key identifier within the Kerala startup ecosystem.
Startups that have previously secured an Idea Grant are only eligible to claim the remaining balance of the Productisation Grant. A commitment of 20% of the approved grant amount as margin money is also required from the startup, which becomes applicable during the second tranche disbursement. This demonstrates the startup's financial commitment and encourages responsible use of the grant funds.
Deadline & timing
Productisation Grant accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.
What the funding covers
The Productisation Grant offers substantial financial assistance, providing up to ₹7 lakhs for general applicants and up to ₹12 lakhs for women-led startups. This funding is disbursed in milestone-based tranches, aligning with the startup's development progress.
Recipients benefit from crucial support in transforming their Minimum Viable Product (MVP) into a market-ready solution, effectively bridging the gap between innovative ideas and commercial viability. The grant specifically aids product development, comprehensive testing, essential validation, and early market entry strategies. This structured financial support also encourages disciplined project management and accountability throughout the development cycle.
About the provider
Productisation Grant is offered by Kerala Startup Mission, a government body. As a government-backed grant, it is publicly funded and open to eligible startups across India. You can verify current details and timelines on the provider's official website before applying.
How to apply
How to apply, step by step →Documents you’ll need
Before you apply to Productisation Grant, keep these documents ready — note the program-specific requirements at the top:
- Certificate of incorporation showing your startup is registered as private limited and llp
- A pitch deck or short business plan describing the problem, product and traction
- Company registration documents and PAN
- Founder identification (PAN / Aadhaar) and brief profiles
- Recent financial statements or projections
- Product details — a demo, prototype or working link if available
Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.
Who this is best for
Productisation Grant is best suited for product-stage ai saas enterprise and deeptech electronics robotics startups in India seeking non-dilutive funding of ₹7L. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
What is the Productisation Grant?
The Productisation Grant is an initiative by the Kerala Startup Mission (KSUM) designed to help technology startups develop their Minimum Viable Prototypes (MVPs) into fully market-ready products. It provides financial support to bridge the gap between innovation and commercial launch.
What is the maximum funding available through this grant?
Eligible startups can receive financial assistance of up to ₹7 lakhs. For women-led startups where women hold a major share, the grant amount can be up to ₹12 lakhs. If a startup has previously received an Idea Grant from KSUM, only the remaining eligible balance can be claimed.
More funding from Kerala Startup Mission
Kerala Startup Mission runs 6 other programs listed on startupfunds — compare them before you decide where to apply.
Alternatives to Productisation Grant
Not sure Productisation Grant is the right fit, or already applied? These are other grants open to Indian startups that founders shortlist alongside it.
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