Startup Grants & Funding in Lakshadweep

PMMSY capital subsidy of up to ₹15 lakh for setting up a new freshwater finfish hatchery.

Reimbursement of up to ₹1,00,000 (or 80%) on Performance Bank Guarantee charges for SC/ST-owned MSEs participating in government tenders.

35% capital subsidy up to ₹10 lakh for micro food processing units under ODOP

Reimbursement of 80% of testing fees, up to ₹1,00,000, for SC/ST-owned MSEs to avail services from NABL/BIS accredited labs.

40% subsidy up to ₹10 lakh for coir processing units + free spinning wheels for women artisans

SC/ST MSEs get back 80% of bank loan processing fees, up to Rs. 1,00,000 per financial year.

SC/ST MSEs get back 80% of the bank charges paid for a Performance Bank Guarantee, up to Rs. 1,00,000 a year.

Udyam-registered MSMEs get 100% of Indian patent registration costs reimbursed, up to Rs 1 lakh.

75% subsidy (max Rs 50,000) on testing, management-system or product certification for ZED-certified MSMEs.

PMFME provides Rs 40,000 of seed capital per SHG member for working capital and small tools in food processing.

PMMSY support of ₹8,000–12,000 per unit for mussel, clam and pearl oyster cultivation.

Udyam-registered MSMEs get 100% of trademark registration costs reimbursed, up to Rs 10,000 per mark.

PMMSY support of ₹3,200–4,800 per monoline/tubenet seaweed unit, including inputs.

PMMSY support of ₹600–900 per seaweed raft, up to 15 rafts per member and 500 per society.

Grant program backing AI and technology solutions that improve income, capital access, and market linkages for women workers and micro-entrepreneurs in agriculture, informal work, the gig economy, and care services.

Incubation for Indian deeptech startups in Cyber Physical Systems, Robotics, IoT and AI, hosted at IIT Delhi, with funding and mentorship.

Global venture client unit connecting startups with BMW Group for paid PoCs and long-term partnerships.

Supports individuals and teams with scalable 'zero to one' ideas for social improvement.

Cisco LaunchPad is a B2B Corporate Accelerator program designed to propel deep-tech startups working in disruptive technologies through grants, mentorship, and extensive tech and investor access.

Oil India Limited's Start Up Fund, under the 'SNEH' program, offers technical and financial support along with incubation to DPIIT-recognized startups across ideation, early traction, and scale-up stages.

Equity-free funding for a proof of concept, plus mentorship and test beds, for startups in mobility, sustainability, manufacturing and AI in Maruti Suzuki's 12th cohort.