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?
The USHUS Seed Grant Program is an initiative by IIMK LIVE, in association with Cochin Shipyard Limited, designed to provide seed funding and incubation support to early-stage startups focused on the maritime and allied sectors in India.
How much funding can a startup receive through this program?
Selected startups can receive a seed grant of up to ₹30 Lakhs. Additionally, standout startups may be considered for prototype grants up to ₹1 crore and potential equity investment from Cochin Shipyard Limited.
Is the USHUS Seed Grant an equity-free program?
Yes, the seed grant component of the USHUS program is non-dilutive, meaning IIMK LIVE does not take equity in your startup for this funding. However, Cochin Shipyard Limited may separately consider equity investment for select startups based on strategic fit.
What are the key eligibility criteria for applying?
The program targets early-stage startups (idea, prototype, or MVP stage) operating in the maritime or allied sectors. Applicants must be based in India. Eligible legal entities include Private Limited Companies, Limited Liability Partnerships (LLPs), and Partnerships.
Is DPIIT or MSME registration required to apply?
MSME registration is not a mandatory requirement for applying to the USHUS Seed Grant Program. The provided information does not specify any requirement for DPIIT registration.
What kind of support is offered to selected startups beyond funding?
Beyond financial support, selected startups receive virtual incubation, structured mentorship from IIMK LIVE faculty and industry experts, market-connect support, and valuable access to the Cochin Shipyard Limited maritime ecosystem.
What is the application deadline for the USHUS Seed Grant Program?
The current application deadline for the USHUS Seed Grant Program is June 15, 2026.
How can a startup apply for this grant?
Interested startups can submit their applications online through the program's official portal.
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.