MSME Scale Up Mission (Mission 1000) - Kerala

Key Features

Financial Assistance

Component

Assistance Provided

Detailed Explanation

Capital Investment Subsidy

Up to 40% of eligible investment, maximum ₹2 crore

Subsidy supports expansion and modernisation. Example: If an MSME undertakes a ₹3 crore expansion project, subsidy can be up to ₹1.2 crore, subject to ceiling.

Interest Subvention on Working Capital Loan

Up to 50% of interest cost, maximum ₹50 lakh

Reduces interest burden on working capital. Example: If annual interest paid is ₹20 lakh, subsidy can be up to ₹10 lakh.

DPR Preparation Assistance

Up to ₹1 lakh per MSME

Supports professional preparation of Detailed Project Reports for scale-up and investment planning.

Other Scale-Up Support

Need-based (no fixed monetary ceiling)

Includes technology support, certifications, mentoring, and market access as approved under the mission.

Note: Exact financial limits depend on project approval and latest government orders.

Eligibility Criteria

Who can apply:

Who cannot apply:

Documents Required

Application process for the scheme

Option 1: Apply with Bullit (Recommended)

Click here to start instantly with guided support. Our team evaluates eligibility, prepares scale-up documentation, coordinates with authorities, and submits the application on your behalf. You can focus on business growth while we manage the process end-to-end.

Recommended for: MSMEs aiming for fast-track onboarding and structured scale-up support.

Option 2: Apply through District Industries Centre (DIC)

  1. Approach your District Industries Centre (DIC) or apply as per the notification issued by the Industries Department.
  2. Submit enterprise details, performance data, and growth plans.
  3. Shortlisted MSMEs undergo evaluation and selection under Mission 1000.

Option 3: Nominated / Identified MSMEs

In some cases, high-performing MSMEs may be identified or nominated by DICs or sectoral agencies based on performance indicators.

Power combo with the scheme

Related Schemes

Frequently asked questions

What is the objective of MSME Scale Up Mission (Mission 1000)?

The mission aims to transform 1,000 scalable MSMEs in Kerala into large, competitive enterprises by providing structured mentoring, financial facilitation, and market access support.

Is this scheme meant for startups or existing MSMEs?

Mission 1000 primarily targets existing MSMEs with proven operations and growth potential, rather than early-stage startups.

Does the mission provide direct subsidies?

The mission focuses on handholding and facilitation. Financial benefits are usually provided through convergence with other government schemes and institutional funding.

Which sectors are prioritised?

Manufacturing, export-oriented units, and high-growth service sectors are typically prioritised under the mission.

Can small MSMEs apply?

Yes, provided they demonstrate scalability and meet selection criteria defined by the Industries Department.

Is the mission currently active?

Yes. MSME Scale Up Mission (Mission 1000) is active, with phased implementation across districts.