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SCHEME

Idea Grant

The Idea Grant is an early-stage funding scheme by Kerala Startup Mission (KSUM) designed to support innovative startups in the Ideation, Design, Proof of Concept (PoC), and early Minimum Viable Prototype (MVP) stages

Benefit : Upto 3 Lakhs
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Scheme

Overview

The scheme aims to help aspiring entrepreneurs transform promising ideas into tangible prototypes and validate their technical and market feasibility.
Under this program, eligible startups can receive financial assistance ofup to ₹3 lakhs. The grant is intended to cover expenses related to product development, prototyping, testing, validation, technology development, and other activities necessary to move from concept to MVP. The support enables founders to de-risk their innovation, refine their solution, and prepare for market entry or follow-on funding. The Idea Grant particularly encourages technology-driven and innovative solutions with strong commercialization potential.

ELIGIBILITY

Eligibility Criteria

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Startups at Ideation, Designing, or Proof of Concept (PoC) stage are eligible to apply
Applicants are not eligible to apply for the grant if they have already applied (within 3 months from the previous application) for or received support under the same grant scheme.
Company incorporation (Pvt Ltd/LLP/OPC) is mandatory before fund disbursal
Only innovative technology-based products are considered under the scheme
Innovators based out of Kerala can apply
KSUM Unique ID is not mandatory at the time of application filing
KSUM Unique ID certification is mandatory for fund disbursal

PROCESS

Process of Scheme

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Success Stories & Impact

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View List of Beneficiaries

FAQ

Have Questions ?

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Startups in the Ideation, Designing, or Proof of Concept stage can apply. Innovators based within Kerala are eligible

The maximum grant amount is up to ₹3 lakhs

Yes. Applicants may reapply with an improved proposal after 3 months from the date of rejection

No. Company incorporation and KSUM Unique ID are mandatory only before fund disbursal

Shortlisted applicants pitch their idea before an Expert Committee, which evaluates based on Team, Product Innovation, Marketing, Financials, and Fund Utilisation Plan

CONTACT

Get in touch with our
Scheme Manager

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Anjali, Suresh

08047180470

s.anjali@startupmission.in

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Kerala Startup Mission, G3B, Thejaswini, Technopark, Trivandrum