What you get
- Soft Loan against Purchase order will be given to Women Entrepreneurs at the rate of 6% per annum on simple interest. | - The amount of the loan is limited to 80% of the Purchase order and disbursement is as an advance against the milestone payment agreed by the client. | - The repayment period of the loan is 1 year or completion of the project with full settlement whichever is earlier. | - The maximum amount of loan outstanding will be ₹15 lakhs. | Note: The Startup shall ensure the proper delivery of the product service specified in the purchase order and the disbursement from the second installment will be based on the satisfactory completion of a milestone as certified by the client.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the “Soft Loan Scheme for Women Entrepreneurs” scheme?
Under the scheme, the support will be provided to women startups with a soft loan of an amount limited to [?]15 Lakhs as working capital for implementing works and projects received from the Govt. departments and the Public Sector Undertakings in Kerala.
What does “Women Entrepreneurs” mean?
Women entrepreneurs are defined as women or a group of women who initiate, organize, and operate a business enterprise.
Which is the implementing department of this scheme?
Kerala Startup Mission, Government of Kerala
Which type of enterprise/startup is eligible to get the benefits of the scheme?
The women's enterprise/startup is eligible to get the benefits of the scheme. The women co-founder should have a majority stake in the startup.
Is it necessary for a startup to be approved by DPIIT?
Yes, the Startup should be approved by DPIIT and have the Unique ID issued by the Kerala Startup Mission.
Is it necessary for a startup to be registered in Kerala?
Yes, the Startup should be registered in Kerala.
What is the benefit of the scheme?
Under the scheme, a soft loan of an amount limited to [?]15 Lakhs as working capital for implementing works and projects will be given to women startups.
What is the rate of interest on the loan?
Soft Loan against Purchase order will be given to Women Entrepreneurs at the rate of 6% per annum on simple interest.
What is the repayment period of the loan?
The repayment period of the loan is 1 year or completion of the project with full settlement whichever is earlier.
Which type of works and projects are eligible for the loan under the scheme?
The works and projects which are received from the Govt. departments and the Public Sector Undertakings in Kerala are eligible for the loan.
How can an applicant unit apply under the scheme?
The application form can be submitted online through the Official website of the Kerala Startup Mission, Government of Kerala. https://forms.zohopublic.com/keralastartupmission/form/ClientDetails5/formperma/pHEDe4UlSNQ5cXpPFZ5licNJjnqgSQEg42JA9s-OW-Q