Home Call for Applications KSUM launches Women Startup Innovation Challenge – India

KSUM launches Women Startup Innovation Challenge – India

by opportunitydiary

Application Deadline: 11/22/2021

The Kerala Startup Mission has launched the Women Startup Innovation Challenge, a National level grant programme to assist women-led startups who have a tested MVP and are ready to grow.

Women Startup Innovation Challenge is an All-India Level Innovation Grant Programme for Women Entrepreneurs and Women Startups. The grant will be announced during the Women Summit.

Programme Highlights
• The startup will be given the Innovation Grant of Rs.5 Lakhs
• The startups can start their operations in Kerala
• The startups will be given an exclusive Incubation Programme and Incubation space
• The startups can leverage support from Kerala Startup Ecosystem

Eligibility

Any startup from India, in which women is a major stakeholder (51% share)
• The startup must be registered in India at RoC, MCA as Pvt Ltd/LLP/OPC
• Startups should have Minimum Viable Prototype
• The startup should have DPIIT Registration (Startup India Recognition)
• KSUM unique ID is not mandatory for the application process but mandatory for the fund disbursement process.

Application Procedure

The following procedure will be adopted for funding:
• Funding will be given based on the utilisation plan and milestones (submitted by the startup) as approved by the committee.
• Funding will be given in two equal tranches and the second tranche will be released on satisfactory completion of deliverables as per the milestones set during the first tranche.

Official Website: KSUM launches Women Startup Innovation Challenge

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