Soft Loan Scheme for Women Entrepreneurs — Eligibility Criteria

To be eligible for the Soft Loan Scheme for Women Entrepreneurs, applicants must meet several key criteria:

• The applicant must be a woman entrepreneur.
• The startup itself must be a registered company in Kerala, specifically structured as a Limited Liability Partnership (LLP) or a Private Limited company.
• An active KSUM Unique ID is a mandatory requirement.
• The startup company must possess DPIIT registration with an 'Active' or 'Active Compliant' status with the Ministry of Corporate Affairs (MCA).
• The startup must be developing an innovative product or technology. This scheme is generally not intended for service-oriented startups or Small and Medium-sized Enterprises (SMEs) primarily involved in trade and commerce.
• The startup must not have any outstanding dues with any government agencies, KSUM, or other incubators within Kerala.
• The company must also not be blacklisted by any government agency in India.
• It is preferable for the startup director to have a CIBIL Score of more than 750, reflecting financial discipline for this repayable loan.

Soft Loan Scheme for Women Entrepreneurs is open to startups at the revenue stage working in ai saas enterprise and deeptech electronics robotics. 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.