KSUM - Support to Rural Innovators

Key Features

Financial Assistance

Component

Assistance Provided

Detailed Explanation

Prototype Development Support

Financial assistance

Innovators receive funding support to build or improve prototypes of their innovations.

Technical Guidance

Mentorship support

Guidance is provided to strengthen technical feasibility and functionality of the innovation.

Validation Support

Testing and refinement

Assistance is given to test, refine, and validate innovations for real-world use.

Ecosystem Facilitation

Growth pathway

Innovators are guided towards further support programmes for scaling or adoption.

Eligibility Criteria

Who can apply:

Who cannot apply:

Documents Required

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 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: First-time innovators seeking guidance and handholding support.

Option 2: Apply through Program Process

  1. Submit innovation details and basic documentation
  2. Screening and evaluation of innovation
  3. Selection based on novelty and usefulness
  4. Approval of financial and technical support
  5. Prototype development and validation support

Related Schemes

Frequently asked questions

What is the main objective of the Support to Rural Innovators scheme?

The main objective of the scheme is to identify and support innovative ideas emerging from rural areas of Kerala and help innovators develop workable solutions for real-world problems.

Is this scheme applicable only to innovators from rural areas?

Yes. The scheme is specifically designed for innovators residing in rural areas of Kerala and focuses on grassroots and community-driven innovations.

Does the scheme provide financial support to innovators?

Yes. Selected rural innovators receive financial assistance primarily for prototype development, proof of concept creation, and refinement of their innovations.

Are innovators required to have a registered startup to apply?

No. Innovators do not need to have a registered startup. Individual innovators and informal groups with original ideas are eligible to apply.

What kind of innovations are supported under this scheme?

The scheme supports practical and solution-oriented innovations addressing areas such as agriculture, healthcare, sanitation, energy, livelihood generation, and rural development.

How are innovators supported beyond financial assistance?

In addition to funding, innovators receive technical guidance, mentorship, and support for testing, validation, and identifying pathways for further development or adoption.

What is the main objective of the Fund of Funds scheme?

The main objective of the scheme is to improve access to growth-stage capital for Kerala-based startups by channelising public funds through professionally managed investment funds.

Does the Fund of Funds scheme invest directly in startups?

No. The scheme does not invest directly in startups. Investments are made through selected venture capital and alternative investment funds.

Who actually receives funding under this scheme?

Startups receive funding indirectly when participating investment funds invest in them based on their independent evaluation and investment criteria.

Is this scheme meant for early-stage or idea-stage startups?

No. The scheme primarily targets startups that have progressed beyond the idea stage and are ready for growth, scale-up, or market expansion.

Can startups choose the investment fund under this scheme?

Yes. Startups may approach and apply to participating funds whose investment focus aligns with their business model and growth stage.

Does the scheme support startups across all sectors?

Yes. The scheme is sector-agnostic, subject to the investment mandate and strategy of the participating funds.