Idea Grant
Support
Upto 2 lakhs in installment
ELIGIBILITY
Startups at stages of Ideation & Designing Stage, Proof of Concept Stage, Minimum Viable Prototype Development Stage can only apply
KSUM Unique ID is mandatory
For the partnership firm, Company incorporation as Pvt Ltd is mandatory for the fund disbursement process.
Startups who have already availed Idea Grant before won't be eligible.
Selection
The applications received by KSUM will first be shortlisted by a panel of experts.
For the shortlisted startup will be called for the presentation in front of the Expert committee.( As per the Covid protocol)
The Final selection will be based on the recommendation from the Expert committee
Important Dates
Last day of Application: 23rd October 2020
First Shortlisting: 1st November 2020
Productization Grant
Support
Upto 7 lakhs in installment
ELIGIBILITY
Startups at stages of Ready for Release, Product Launched & Early demand creation can only apply
KSUM Unique ID is mandatory
Company incorporation as Pvt Ltd or LLP is mandatory.
Startups who have already availed Productization Grant won't be eligible.
Startups who are newly applying is eligible for a Productisation Grant upto Rs.7 Lakhs
Startups or Products who had already availed Idea Grant is eligible for Productization Grant only upto Rs.5 Lakhs
Selection
The applications received by KSUM will first be shortlisted by a panel of experts.
For the shortlisted startup will be called for the presentation in front of the Expert committee . As per the Covid protocol
The Final selection will be based on the recommendation from the expert committee
Important Dates
Last day of Application: 23rd October 2020
First Shortlisting: 5th November 2020