State GovernmentVerified
Technology Transfer & Commercialization Support Scheme
The Government of Kerala has launched the scheme “Technology Transfer & Commercialization Support Scheme” through Kerala Startup Mission to support startups that have purchased or sourced Technology licenses from any Government research Institution in India.
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About This Scheme
The Government of Kerala has launched the scheme “Technology Transfer & Commercialization Support Scheme” through Kerala Startup Mission to support startups that have purchased or sourced Technology Licenses from any Government research Institution in India and are working on it to develop as a commercializable product. > Women Entrepreneurs: 1. Women entrepreneurs are defined as women or a group of women who initiate, organize, and operate a business enterprise. 1. A women's enterprise should have at least 51% of shares with women founders in the case of service enterprises. 1. In the case of women enterprises who have received equity funding, majority shares should be maintained with women founders/founders.
Benefits
₹10.0 L
1. This scheme intends to support Technology License/Transfer Startups by providing funding support of a maximum of ₹10 Lakhs in the form of reimbursement for the startups, who have paid to the Research Institution.
1. The support is limited to 90% of the technology fee to be paid to the Research entity.
Eligibility
Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.
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Required Documents
- ✦Original hard copy of Invoice & Receipt with authorized seal and signature from the research organization.
- ✦Original Bank Statement showing the amount transferred (Verified by the Bank Manager).
- ✦Technology Transfer Agreement with a research organization.
- ✦Residence Proof details of the director(s)/ applicant(s).
- ✦Company incorporation documents (Incorporation Certificates, MoA, AoA, DIN nos).
- ✦Undertaking that the startup has not so far claimed and will not claim any sort of reimbursement costs from any other organizations/ govt. bodies and if found, they will pay twice the amount to KSUM, which is reimbursed through the Technology support scheme.
- ✦Cancelled Cheque of the company and Bank details (Branch name, IFSC Code).
- ✦Any other document as demanded by the recommending/sanctioning authority.
✦ Required ◦ Optional
How to Apply
OOnline
Quick Info
- Level
- State Government
- Max benefit
- ₹10.0 L