Productisation Grant
Offered by Kerala Startup Mission
Overview
The Productisation Grant is a Kerala Startup Mission (KSUM) scheme that helps startups transition their Minimum Viable Prototype into a market-ready product. Standard funding is up to Rs. 7 lakh, with a women-led variant offering up to Rs. 12 lakh where women hold the majority share. Startups that previously received a KSUM Idea Grant remain eligible only for the remaining balance up to Rs. 4 lakh. Funds are disbursed in milestone-based tranches, generally 50% upfront with the balance released after a progress review.
Eligibility
- Startup must be in the Product Development stage
- Must be incorporated as a Private Limited company or LLP with active MCA status
- Must own an innovative technology product
- Must hold a valid KSUM Unique ID (mandatory)
Funding Purpose
The grant funds product development, essential testing and validation, and preparation for early market entry. It explicitly excludes founder salaries, fixed assets such as land, buildings, or high-end equipment costing over Rs. 2 lakh, rent, and major infrastructure setup.
Application Process
Applications are submitted online via grants.startupmission.in, followed by screening and shortlisting, then a pitch before an Expert Committee evaluating Team, Product Innovation, Marketing, Financials, and the Grant Utilisation Plan. Contact: Anjali Suresh, s.anjali@startupmission.in, 08047180470.
Required Documents
- CA-certified No Dues and Margin Money Certificate (with UDIN)
- Revenue or investment proof
- Incorporation documents
- PAN and bank details
- Last two years' balance sheet
- KSUM Unique ID
How to Apply
- 1Click "Apply Now" above and submit your application directly on the official page.
- 2The offering organisation screens applications against its own eligibility criteria.
- 3Shortlisted applicants may be invited to a pitch or interview round.
- 4The final decision rests solely with the offering organisation.
- 5There is no guarantee of funding at any stage.
Before You Apply
- ZeedFund is an independent tracker, not the offering organisation or a funding body.
- Verify current eligibility, funding amount, and deadline on the official page before applying. Details can change after we last verified them.
- Once you apply, all follow-up (screening updates, interview or pitch invites, and the final decision) comes directly from the facilitator, incubator, or investor, never from ZeedFund. Check their application portal or email yourself for status updates; we won't have visibility into it.