Kerala One Family One Enterprise (OFOE) Interest Subvention

Open all year Directorate of Industries and Commerce, Government of Kerala Kerala

Subsidy

Interest above 4% is refunded, up to 6% a year. Loans up to ₹10 lakh, for 5 years.

What it funds: Interest relief on loans up to ₹10 lakh for new Kerala enterprises
Who can apply: New Kerala MSME started on or after 1 Apr 2022
Manufacturing, service or trading, with Udyam registration
Bank term or working capital loan, not an NPA
No other government grant, except PMFME
When you can apply: Open all year
How to apply: Claim on the OFOE portal of the Industries Department.
Best for: Idea, Prototype, Early revenue stage
Run by: State governments

KFC Startup Kerala Loan Scheme (Kerala Financial Corporation)Loans by stage: ₹25 lakh productisation, ₹50 lakh commercialisation, ₹2 crore scale-up. Interest from 6.6%. Open all year
KSIDC Scale Up Funding for StartupsUp to ₹1 crore at 7%, max 70% of project cost Open all year
KSIDC WE Funding (Women Entrepreneur Funding)Up to ₹50 lakh at 7.5% interest. Covers up to 80% of project cost. Open all year
KSUM BCDD Grant for Backward Class FoundersUp to ₹10 lakh: idea grant up to ₹3 lakh plus productisation grant up to ₹7 lakh Open now
KSUM Idea Grant (Kerala)Up to ₹3 lakh Open all year
KSUM International and National Exposure Programme (Kerala)Up to ₹2 lakh per event, ₹5 lakh over three years Open all year
KSUM AgriNext Agri-Tech Startup Grant (KERA Project)₹25 lakh grant for selected startups. KSUM states the figure as a headline only. Open all year