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Soft Loan Scheme for Women Entrepreneurs

The scheme “Soft Loan Scheme for Women Entrepreneurs” was started under Kerala Startup Mission to support women startups with a soft loan of an amount limited to ₹15 Lakhs as working capital for implementing works & projects received from Govt. departments and Public Sector Undertaking in Kerala.

Ministry / Department
Information Technology Department
Level
State
Benefit type
cash
Last verified: Recently

Soft Loan Scheme for Women Entrepreneurs क्या है?

The scheme “Soft Loan Scheme for Women Entrepreneurs” was started under Kerala Startup Mission to support women startups with a soft loan of an amount limited to ₹15 Lakhs as working capital for implementing works & projects received from Govt. departments and Public Sector Undertaking in Kerala.

लाभ
1. Soft Loan against Purchase order will be given to Women Entrepreneurs at the rate of 6% per annum on simple interest. 1. 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. 1. The repayment period of the loan is 1 year or completion of the project with full settlement whichever is earlier. 1. 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.
स्तर
State — Kerala
मंत्रालय / विभाग
Information Technology Department
लाभ का प्रकार
cash
मुख्य पात्रता
1. The Startup should be approved by DPIIT and have the Unique ID issued by the Kerala Startup Mission. 2. The women co-founder should have a majority stake in the startup. 3. The Startup should be registered in Kerala. 4. The client shall be a Government Department or Public Sector Undertaking **No
अंतिम सत्यापन
Recently

Benefits

1. Soft Loan against Purchase order will be given to Women Entrepreneurs at the rate of 6% per annum on simple interest. 1. 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. 1. The repayment period of the loan is 1 year or completion of the project with full settlement whichever is earlier. 1. 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.

Eligibility

1. The Startup should be approved by DPIIT and have the Unique ID issued by the Kerala Startup Mission. 2. The women co-founder should have a majority stake in the startup. 3. The Startup should be registered in Kerala. 4. The client shall be a Government Department or Public Sector Undertaking **NoArea: KeralaBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Online application — step 1

      Step 01: The application form can be submitted online through the Official website of the Kerala Startup Mission, Government of Kerala. The applicant needs to visit the official website . Step 02: On the home page, click on ‘Women’ and then click on “Soft Loan” Scheme. Step 03: Now, click on the ‘Apply’ button and fill out the application form completely. Step 04: After filling out the application form and click on the ‘Submit’ button.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

    Open Official Website