She Innovate Forum

A Project Funded by RUSA 2, T5J Major Project, CUSAT

Seed Fund for Women Entrepreneurs

Scheme Sponsor: Kerala Start-up Mission
Mode of Assistance: Financial assistance
Target Group: Women entrepreneurs


About the Scheme

The Government of Kerala has implemented the Seed Support scheme to offer
monetary aid to startups, with the aim of promoting the establishment and growth of
inventive, technology-driven business ventures. This initiative is expected to boost the
economy of Kerala by encouraging the creation of new ventures, generating more
employment opportunities, and attracting private investments. The implementation of this
initiative is carried out by the Kerala Start-up Mission, which serves as the central agency of
the Government of Kerala for activities and programs relating to start-ups. The objective of
this initiative is to prolong the duration of the moratorium period for seed money provided by
Kerala Start-up Mission from one year to two years.


Assistance pattern

  • A seed fund of Rs.15 lakhs will be granted for initial scaling up.
  • Enroll on the Startup Mission Web Portal
  • Familiarize yourself with the guidelines and implement them.
  • The application consists of two components: Business Profile and Seed Proposal. Complete and submit the seed application form, ensuring that all necessary documents are uploaded. Forms that are not fully filled out will be rejected.

Eligibility Criteria

  • It is imperative that the female co-founder possesses a major stake in the firm.
  • The business must be legally incorporated as either a Limited Liability Partnership (LLP) or a Private Limited (Pvt. Ltd) firm in Kerala. Additionally, it must have a current and valid registration with the Kerala business Mission (KSUM) at the time of submitting the application.
  • The startup company possesses DIPP registration and maintains a ‘Active’ or ‘Active Compliant’ status with MCA. Applications labeled as ‘Active Non-compliant’ are likely to be denied, and completion of Form INC 22A is required prior to the transfer of funds.
  • The startup must be engaged in the development of a groundbreaking product or technology. Seed funding is typically not provided to service startups and small and medium-sized enterprises (SMEs) operating in the field of trade and commerce.
  • The startups must not have any outstanding liabilities with any Government agencies, KSUM, or other state incubators. Additionally, they must not be on the blacklist of any Government agency in India.
  • The startup director should possess a commendable CIBIL Score, ideally over 750.

More Information: https://startupmission.kerala.gov.in/schemes/women/seed-fund