Scale Up Funding

Scale Up Funding is KSIDC's scheme for innovative home-grown startups that want to scale up their operations from Kerala. It is a loan or equity assistance, with a repayment tenure of four years including a one-year moratorium.

What you get

• Loan or equity assistance for a scale-up project, capped at 70 per cent of project cost.
• A collateral-free loan for the smaller tranche, backed by a personal guarantee and primary security.
• A current interest rate stated on the page as 7.00%. The page says rates are subject to revision without prior notice.

Who can apply

• A private limited company with valid registration from KSUM or DPIIT.
• A startup that has completed product development and started commercial operations or is generating revenues, or that has used seed-stage assistance effectively.
• A promoter who brings in and spends at least 30 per cent of project cost before the first tranche.

How selection works: The page does not describe the selection process. It sets the eligibility conditions above.

How to apply: Download the Scaleup Fund application form from the Application Forms page, or submit online through the K-SWIFT Portal.