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KSUM announces soft loan for women startups

Kerala Startup Mission (KSUM) has launched a soft loan scheme exclusively for women start-ups, offering upto Rs 15 lakh as working capital for implementing works and projects received from the government departments and public sector undertakings (PSUs) in the state. 

The beneficiaries will be eligible for a loan amount of upto of 80 percent of the purchase order, which will be disbursed as advance against the milestone payment agreed by the client. The loan, which carries six percent interest, has to be repaid within one year or on completion of project with full settlement, whichever is earlier. 

Startups having an active certification from the Department for Promotion of Industry and Internal Trade (DPIIT) and KSUM Unique ID can apply for the loan. Women co-founders of start-ups can also apply for the loan provided they have a majority stake in the venture which is registered in Kerala. 

To apply, visit:

For more details, contact: 8047180470. 

Other KSUM loan schemes that give priority to women entrepreneurs include Seed Revolving Fund Scheme and Seed Fund Scheme. The former is an interest-free scheme solely for Scheduled Caste (SC) women and the latter scheme offers loan with six percent interest rate.

The seed revolving loan has an upper limit of Rs 10 lakh and a moratorium of one year. It offers repayment of 24 EMIs up to Rs 5 lakh and 36 EMIs for above Rs 5 lakh.

Unlike the grant scheme, startups can apply for the loan schemes at any time.

KSUM is the nodal agency of the Kerala Government for entrepreneurship development and incubation activities in the state.


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