Question

What are the mandatory requirements for an innovator to receive the 'Idea Grant'?

• A. Company incorporation and DIPP registration
• B. Based in Kerala and KSUM unique ID
• C. Company incorporation and KSUM unique ID
• D. Active MCA status and CIBIL score above 750

Answer 1

Answer:

C. Company incorporation and KSUM unique ID

Eligibility Criteria

• For Idea Grant, an innovator should be based in and out of Kerala. Company incorporation and KSUM unique ID are mandatory for the fund disbursement process.

• For all other grants, the Startup should be completed Company Incorporation process and KSUM unique ID Certification