Kerala Startup Mission:- India’s startup ecosystem has grown tremendously. It has become a global startup hub, where young entrepreneurs launch new ventures across the country.
The government is supporting the aspiration to start in a busy industry. Many government agencies encourage business growth and inclusion, encouraging these startups to take off.
Kerala is working to establish a dynamic environment for sustainable exponential technology firms that solve society’s concerns. Kerala is an early user of startup goods and services and is actively developing programs to support this trend.
In 2006, it created the Kerala Startup Mission to foster technology-based entrepreneurship by providing the right environment and infrastructure. In this article, we will talk about startupmission.kerala.gov.in in detail.
New Update :-
The Kerala Startup Mission (KSUM) has issued an application call for the Patent Support program, which was established by the Kerala government to pay student entrepreneurs and startups for the costs incurred in securing national and international patents for their discoveries.
Starting on May 1, startups and student innovators who meet the requirements can submit online applications through the KSUM site. The program makes sure that any expenses incurred by the applicant during the patent application process will be refunded.
The program, which aims to encourage innovation and entrepreneurship by utilizing the top-notch resources and assistance offered by the state, applies to all patent applications submitted by registered patent attorneys after November 9, 2015. Visit startupmission.kerala.gov.in to apply.
startupmission.kerala.gov.in Details
| Name of the scheme | Kerala Startup Mission |
| Launch by | Kerala State Govt. |
| Year | 2024 |
| Objectives | Help and grow Startups |
| Application Mode | Online |
| Website | www.startupmission.kerala.gov.in |
Eligibility Requirements for a New Business
- Companies founded less than seven years ago or involving biotechnology startups that have not been registered for at least 10 years are not eligible.
- The income received in any of the previous financial years of the business started should not exceed Rs. 25 crore and works.
- The primary focus of innovative work should be the creation of new products or processes and the enhancement of existing products or processes.
- A scalable corporate idea with great potential for income growth or job opportunities.
- Participants in the Kerala Startup Mission are listed companies in the state.
- KSUM offers pre-incubation for entrepreneurs at ideation stage.
Kerala Startup Mission Eligibility(ಕೇರಳ ಸ್ಟಾರ್ಟ್ಅಪ್ ಮಿಷನ್ ಅರ್ಹತೆ)
- A young man currently studying in school in Kerala
- Primary psychologist with surgery in Kerala
- Another project has been registered in Kerala
Kerala Startup Mission Objectives(ಕೇರಳ ಸ್ಟಾರ್ಟ್ಅಪ್ ಮಿಷನ್ ಉದ್ದೇಶಗಳು)
- To raise the intensity of research and development.
- To promote the development of climate and cultural innovations.
- The process of putting technology on the market.
- To encourage the development of a culture of entrepreneurship.
- To lower the obstacles to admission.
- To provide infrastructures for innovation, such as centers for technology transfer and research as well as incubators for new businesses.
- To encourage small and medium-sized businesses to use key technology.
- To expand access to pre-commercialization finance.
- Offering tax breaks in the form of credits for research and development as well as favorable capital cost allowances.
- To encourage traditional businesses by using cutting-edge methods.
ಈ ಕಾರ್ಯಕ್ರಮದ ಭಾಗವಾಗಿ KSUM ಕೆಳಗಿನ ಉಪಕ್ರಮಗಳಿಗೆ ಹಣವನ್ನು ಒದಗಿಸುತ್ತದೆ:
- Putting Together the Annual Accounts
- Secretarial Services.
- Services related to taxes
- The preparation of the audit statement.
- Services for EXIM, TAN, PAN, and SEZ
- Plan and Forecast of the Financial Situation.
- Copyrights, Patent Protection, and Trademark Protection
- Services of a Notary Public
- Evaluation of a Company’s Worth and Its Investment Profile
- Legal, IP, and Client Agreement.
Kerala Startup Mission Application Procedure
- You will need to go to the homepage of the Startup Mission, which may be found on the online site for Kerala.
- To begin, go to the homepage and choose the “Apply now” option.
- Please apply by clicking the link that corresponds to your situation.
- In order to utilize the services provided by the Kerala Startup Mission, you will need to first become a registered user.
- The page will be shown after the Apply button kind of start-up has been selected and clicked on. Choose the startup you are running, then select the “Register option”.
- The page for beginning the start-up process will then be shown. Please include the following information: first name, last name, email address, and mobile phone number which is 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.
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FaQ
What is the Kerala Startup Mission (KSUM)?
The Kerala Startup Mission (KSUM) is an initiative by the Kerala State Government to foster technology-based entrepreneurship by providing the right environment and infrastructure. It aims to create a vibrant ecosystem for sustainable exponential technology firms addressing societal concerns.
What are the objectives of KSUM?
Raise the intensity of research and development.
Promote climate and cultural innovations.
Facilitate the commercialization of technology.
Encourage a culture of entrepreneurship.
Lower barriers to entry for startups.
Provide infrastructure for innovation, such as technology transfer centers and business incubators.
Encourage small and medium-sized businesses to adopt key technologies.
Expand access to pre-commercialization finance.
Offer tax breaks in the form of research and development credits and favorable capital cost allowances.
Promote traditional businesses using cutting-edge methods.
What is the Patent Support Program?
The Patent Support Program reimburses student entrepreneurs and startups for the costs incurred in securing national and international patents for their discoveries. It applies to all patent applications submitted by registered patent attorneys after November 9, 2015.
What is the new update for KSUM?
Starting May 1, startups and student innovators can submit online applications for the Patent Support program through the KSUM site. The program ensures that any expenses incurred during the patent application process will be refunded, encouraging innovation and entrepreneurship by utilizing state-provided resources and assistance.
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