Seed Fund Scheme - Kerala Startup Mission — Eligibility Criteria

This scheme is open to startups that meet specific criteria designed to support Kerala's innovative ecosystem. Applicants must be registered in Kerala as either a Limited Liability Partnership (LLP) or a Private Limited Company. An active KSUM Unique ID is required, indicating engagement with the state's startup mission. Furthermore, the startup must hold DIPP (DPIIT) registration and maintain an 'Active' or 'Active Compliant' status with the Ministry of Corporate Affairs (MCA). The core focus is on startups developing an innovative product or technology, with a general exclusion for service-oriented startups and SMEs in trade and commerce. Applicants should be at the prototype or Minimum Viable Product (MVP) stage. Directors of the startup are preferably expected to have a CIBIL Score exceeding 750. Additionally, the startup must not have any pending dues with government agencies, KSUM, or other incubators in Kerala, nor should it be blacklisted by any Indian government agency.

Seed Fund Scheme - Kerala Startup Mission is open to startups at the product and revenue stage. The programme is targeted at startups registered in Kerala. Applicants should be registered as llp and private limited. Applicants must hold DPIIT (Startup India) recognition.