Thiruvananthapuram: The state government has announced a slew of attractive incentives, including pre-incubation, marketing and product exposure support, to further strengthen woman entrepreneurship in the start-up ecosystem. Currently, woman-led firms account for 13% of the start-ups in Kerala.
The government has issued a notification endorsing the proposals submitted by the Kerala Startup Mission (KSUM) in this regard. The proposals, to be implemented under the ‘Youth Entrepreneurship Development Programme’, was submitted by KSUM CEO Saji Gopinath, said a statement issued here on Saturday.
As per the initiative, free pre-incubation support, including mentorship and technical help, will be extended to woman-led startups for a period of three months. Two cohorts of 10 start-ups exclusively for women shall be taken as part of this scheme.
KSUM will bear the registration cost and travel expenses of women founders who have a valid start-up product to exhibit in national and international exhibitions. This can be availed four times in the start-up life cycle, subject to review of the start-up.
KSUM will also endorse marketing activities for up to Rs 5 lakh per start-up per year for two years. The moratorium on the seed funding support scheme of the KSUM will be extended to two years from one year. tnn



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