If you are a permanent resident of the Kerala state, you will be eligible for the Kerala Startup Mission 2024 which is created in order to provide proper entrepreneurship development opportunities to people who are trying to start their own businesses but are not able to do so because of various differences. You can check out the details related to the program from the article provided below and we will also share with you all the details related to the online registration procedure that you need to follow in order to be a part of this scheme. We will also share with you all the step-by-step procedure through which you will be able to check the status of the scheme.
About Kerala Startup Mission 2024
The Government of the Kerala state has created a startup mission that will help businesses to flourish and the businesses will be able to create more leverage in their activities through the development of this prestigious Kerala Startup Mission. The government will be supporting the entrepreneurs who are available in Kerala state through the development of this scheme. They will be a dynamic environment that will show exponential Technology form to solve the concerns of society through the development of the prestigious scheme. Kerala startup Mission was created in the year 2006 to provide proper opportunities for entrepreneurship development in Kerala state and provide support to people who are finding their business careers.
Also Read: Credit Guarantee Scheme for Startups
Objective Of Kerala Startup Mission
The state government over several years has implemented a lot of initiatives so that the ecosystem must develop in Kerala state and the people can create opportunities that will help them to create a perfect business plan in the future. The Kerala government has been initiating expansion over the last few years so that businesses can flourish in the Kerala state and the entrepreneurs can be supported even when they are not able to start their businesses due to the differences that they are going through. The social culture that is going on in the Kerala state will also progress through the development of Kerala Startup Mission. There are 3,900 register startups, 67 incubators, 370 mini incubators, a future technology development lab, IOT labs, and 22 fablabs, such as mini fablabs, dispersed all over districts.
Benefits Of Kerala Startup Mission
There will be an increase in the research and development department in Kerala state through the development of this scheme. People will encourage so that there is a proper climate and cultural innovation available in the state and there is proper technology available in the Kerala market. Proper culture of entrepreneurship development will be available in the Kerala state through the development of this is came and the people will be encouraged so that they are supporting small and marginal businesses available in the Kerala state. Financing opportunities will also be provided to the people who are applying for this scheme.
Also Read: Startup India Seed Fund Scheme
Eligibility Criteria
The applicant must follow the following eligibility criteria in order to successfully apply for this scheme:-
- A youngster currently attending school in Kerala
- An original thinker with operations in Kerala
- A new business has been registered in Kerala.
Eligibility Requirements for a New Business
The applicant must follow the following Eligibility requirement if they are opening a new business in Kerala state:-
- Companies that were founded less than seven years ago or that deal with biotechnology Startups that have not been registered for at least 10 years are ineligible.
- The amount of revenue generated by a startup in any of its prior financial years should not be more than Rs. 25 Crore.
- The new business venture has to have its primary focus on the creation of innovative items or processes as well as the enhancement of existing ones.
- A scalable company concept that has a significant potential for either the development of riches or job opportunities.
- Kerala Startup Mission participants are state-registered firms.
- KSUM offers pre-incubation to entrepreneurs in the ideation stage.
Kerala Startup Mission 2024 Application Process
To apply for this scheme you will have to follow the simple procedure given below:-
- You will first have to visit the Kerala Startup website of the scheme by clicking on the link given here
- The home page will open on your screen.
- Click on the “Apply now” option.
- You will now have to register yourself on the official website.
- Please apply by clicking the link that corresponds to your situation.
- Choose the startup you are running, then select the “Register option”.
- The registration form will open on your screen.
- Enter your first name, last name, email address, and mobile phone number which are all the personal details.
- After completing the registration process, you will be able to use the user credential to log in to the portal.
- Once you have enrolled for the site, you will have access to all of the key events that take place in the Kerala ecosystem, and you will also have access to the numerous programmes that are available for start-up businesses.
Contact Details
- G3B, Thejaswini, Technopark Campus, Kariyavattom, Trivandrum, Kerala 695581
- 08047180470
- 0471-2700270