Larger capital subsidy for MSMEs chosen to grow to ₹100 crore turnover
Kerala MSME Scale Up Mission (Mission 1000)
A state mission, whose selection criteria were approved by G.O.(Rt) No.955/2023/ID of 18 September 2023, to take 1,000 MSMEs to an average turnover of ₹100 crore within four years. Units are ranked by a scoring process on investment, turnover, profit, capacity use, exports, jobs, loan record, the promoters' CIBIL score and certifications, and a State Level Approval Committee selects them; the Directorate of Industries page lists 88 units selected on 21 December 2023 and still carries an apply link. We could not confirm that new units can still be selected, because the guidelines on the mission portal gave 30 May 2023 as the last date and we found no dated notice of a current round on the Directorate's pages, on the portal or in the state's Revised Budget speech of 19 June 2026.
Kerala MSMEs with Udyam registration that have run for at least three years
- Capital investment subsidy of 40%, with a limit of ₹2 crore
- Interest subvention on working capital loans of 50% of the interest rate, limited to ₹50 lakh, for 4 years from the approval of the project report
- Help with the project report for scaling up, up to ₹1 lakh per unit
- An officer of the Industries Department assigned to guide each selected unit
- Priority in other schemes of the Industries Department
- Registered in Kerala with Udyam
- Running for at least three years as of 31 March 2023
- Manufacturing or service activity (trade is not eligible)
- Selection among the top-ranked units by the State Level Approval Committee
Through the apply link on the Directorate of Industries and Commerce site (industry.kerala.gov.in), which leads to the Mission 1000 portal, or through the District Industries Centre. Ask the Centre first whether a selection round is open.