Start In Kerala
Kerala provides the best startup ecosystem to start the business and grow.Kerala Startup Mission provides a ‘Unique ID’ for startups. Unique ID will help startups to get identified with a single code which can be used in all correspondence of the startup. This ID will help startups to get identified from the single search option provided in the KSUM portal. Any stake holder from the Startup Ecosystem from across the world will be able to quickly go through the profile of the startup.
Unique ID format : DIPP Number/Registered Year/KSUM ID
Who are eligible to be a recognised startup
- The Startup should be incorporated as a private limited company or registered as a partnership firm or a limited liability partnership
- Turnover should be less than INR 100 Crores in any of the previous financial years
- An entity shall be considered as a startup up to 10 years from the date of its incorporation
- The Startup should be working towards innovation/ improvement of existing products, services and processes and should have the potential to generate employment/ create wealth.
- An entity formed by splitting up or reconstruction of an existing business shall not be considered a "Startup"