KSUM launches scheme to accommodate scale up startups

Last date of application is on December 31, 2017

Targeting the scale-up startups, Kerala Startup Mission (KSUM) is introducing a scheme to accommodate them in the facilities at Technopark, InfoPark, and Technology Innovation Zone in the State. The K SUM has earmarked an area of approximately 4 6,000 sqft for the scheme.

Scale up startups which are incubated, are allotted this space with a subsidy, informed Kerala Startup Mission CEO Dr. Saji Gopinath.

The startups applying for the scheme should abide by all statutory regulations and fall under the Startup India definition. Those who have any loans or liabilities with the KSUM have to settle them to qualify for submitting the application.

The facility is open for all startups registered with the portal of the KSUM. Space will be allotted to startups in scale-up stage and the minimum of 500sqft/10 seats will be allotted. There is a preference for the startups that have clear revenue schemes and substantial funding.

Locations will be at Gayatri, Technopark in Thiruvananthapuram; Jyotirmaya, Infopark, Kochi; and Technology Innovation Zone, Kalamaserry, Kochi. The deadline for application is December 31.

For more details, visit https://startupmission.kerala.gov.in/pages/scaleup. The KSUM is the apex organization of the Kerala Government for supporting startups.

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