USHUS Seed Grant Program at IIMK LIVE — Frequently Asked Questions
Answers to the questions founders most often ask about USHUS Seed Grant Program at IIMK LIVE — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the USHUS Seed Grant program?
It is a seed grant initiative by IIMK LIVE in collaboration with Cochin Shipyard Limited, providing equity-free funding to early-stage maritime startups.
How much funding can I receive?
Successful applicants receive a seed grant between ₹10 lakh and ₹30 lakh. High-performing startups may additionally qualify for prototype grants up to ₹1 crore and potential equity investment from Cochin Shipyard Limited.
What is the application deadline?
The deadline for submitting applications is June 15, 2026. It is advisable to check the official portal for any extensions or updates.
Who can apply?
Early-stage startups based in India working on ideas, prototypes, or MVPs in maritime or allied sectors — including shipping, ports, marine tech, and the blue economy. Eligible entity types are private limited companies, LLPs, and partnerships.
Is DPIIT or MSME registration required?
No, neither DPIIT recognition nor MSME registration is mandatory for this grant.
Does the program take equity?
The grant is non-dilutive — no equity is taken in exchange for the seed amount. However, Cochin Shipyard Limited may separately consider equity investment for select startups on a case-by-case basis.
What documents are needed to apply?
The online application form requires startup details, a problem statement, solution description, and founder information. The form itself will specify any additional attachments needed.
Where do I apply?
Applications are submitted through the official Google Form available at the program's Apply URL on the StartupFunds.in listing.
Is incubation part of the program?
Yes, selected startups receive virtual incubation, structured mentorship from IIMK LIVE, and market-connect support as part of the program benefits.
Who offers USHUS Seed Grant Program at IIMK LIVE?
USHUS Seed Grant Program at IIMK LIVE is offered by IIMK LIVE, an academic institution. It is provided as non-dilutive funding.
How do I apply for USHUS Seed Grant Program at IIMK LIVE?
Applications go through 5 stages, starting with Online Application Submission. Apply through the official application link on this page.