SCHEME
The Market Acceleration Grant under the Innovation Grant Scheme of Kerala Startup Mission (KSUM) is designed to support startups that have entered the early revenue stage and are looking to accelerate growth and expand their market presence.
Scheme
Overview
The Market Acceleration Grant under the Innovation Grant Scheme of Kerala Startup Mission (KSUM) is designed to support startups that have entered the early revenue stage and are looking to accelerate growth and expand their market presence. The scheme provides financial assistance of up to ₹10 lakhs to help startups strengthen marketing, customer acquisition, branding, product improvements, and revenue generation activities. Startups that have previously availed Idea Grant or Productization Grant are eligible only for the remaining eligible amount. The grant is applicable exclusively to startups owning innovative technology-based products and is disbursed in milestone-based tranches as per KSUM guidelines
ELIGIBILITY
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PROCESS
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FAQ
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Startups in the early revenue stage with an innovative technology product, incorporated as Pvt Ltd/LLP, and holding a KSUM Unique ID
Up to ₹10 lakhs
Yes. Marketing expenses can be funded up to 100% under the marketing head, with manpower capped at 50%
Yes. 30% of the approved grant amount must be brought as margin money
Yes. Startups that have availed Idea or Productization Grant can apply for the remaining eligible amount
CONTACT
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Shahil, Haneef
08047180470
shahil@startupmission.in