Kerala Startup Mission Seed Fund

Offers soft loans up to ₹15 lakh at 6% simple interest with a 12-month moratorium to registered Kerala startups at the prototype/MVP stage. Funds cannot be used for founders' salaries, costly assets, or patenting. This soft-loan Seed Fund is positioned specifically for the prototype/MVP stage — one rung above the Idea Grant and below the Scaleup Seed Fund — and its 6% simple interest with a 12-month repayment moratorium is designed to give a startup runway before repayments begin. KSUM explicitly excludes use of these funds for founders' salaries, expensive capital assets, or patent filing costs, channeling the loan instead toward product development, testing, and market-entry expenses.