KSIDC - Scale Up Funding
The KSIDC Scale Up Funding Scheme is a growth-stage startup financing scheme implemented by the Kerala State Industrial Development Corporation (KSIDC) under the Government of Kerala. The scheme is designed to support KSIDC seed-funded startups that have successfully completed product development and have started commercial operations or revenue generation. It provides scale-up financial assistance as a soft loan to help such startups expand their business activities. The scheme is currently active and applicable across Kerala.
Financial Assistance
Eligibility Criteria
Who can apply:
- Startups that have received KSIDC Seed Funding
- Startups that have completed product development
- Enterprises that have introduced products into the market
- Startups that have started commercial operations or revenue generation
Who cannot apply:
- Startups without prior KSIDC seed funding
- Startups that have not completed product development
- Proposals without commercial activity or revenue visibility
Documents Required
- Proof of prior KSIDC Seed Funding
- Business plan / scale-up proposal
- Revenue and financial statements
- Product and market details
- Founder and company identification documents
- Any additional documents required by KSIDC
Application process for the scheme
Option 1: Apply with Bullit (Recommended)
Start instantly with our guided application support, where our team verifies eligibility, prepares documentation, and coordinates with the Industries Department on your behalf. Using our business loans and compliance calendar, you can track progress while focusing on project execution, we manage the application end-to-end.
Recommended for: Growth-stage startups seeking structured guidance.
Option 2: Apply Directly through KSIDC
- Contact the KSIDC Startup Cell via helpline or email your business plan to startup@ksidcmail.org
- KSIDC contacts the applicant and provides guidance for offline or online submission
- Submit the application through the KSIDC portal if advised
- KSIDC interacts with the applicant/company for clarifications
- Preliminary evaluation is conducted by the Startup Team
- Proposal is placed before the Evaluation Committee
- Applicant is invited to present for final approval
Power combo with the scheme
Related Schemes
Frequently asked questions
What is the objective of KSIDC Scale Up Funding?
KSIDC Scale Up Funding supports startups that have completed product development and started commercial operations. The scheme helps such startups expand business activities and scale revenue through structured financial assistance.
Who is eligible to apply for Scale Up Funding?
Only startups that previously received KSIDC Seed Funding and have launched their product in the market with active revenue generation are eligible, subject to KSIDC’s evaluation and approval norms.
How much funding is available under this scheme?
Eligible startups can receive up to ₹50 lakh, subject to a maximum of 80% of the total project cost, based on proposal assessment and KSIDC approval.
What type of financial support is provided?
Scale Up Funding is provided as a soft loan to the startup entity. It is not a grant or equity investment and must be repaid as per the sanctioned terms.
What is the interest rate and repayment period?
The soft loan carries an interest rate of 7.00% and must be repaid within three years, as specified in the sanction order issued by KSIDC.
How is the application evaluated?
After submission, KSIDC conducts a preliminary evaluation through its Startup Team. Eligible proposals are placed before the Evaluation Committee, and founders are invited to present before final approval.