1. Prime Minister’s Employment Generation Programme (PMEGP)
Objective: To generate self-employment opportunities through micro-enterprises in the non-farm sector.
Eligibility: Entrepreneurs, self-help groups, cooperatives, and individuals.
Financial Assistance: Subsidized loans with a margin money subsidy of 15-35% based on location and category.
Implementing Agency: Khadi and Village Industries Commission (KVIC).
2. Prime Minister Formalisation of Micro Food Processing Enterprises (PMFME)
Objective: To support unorganized micro-food processing enterprises for better productivity, branding, and marketing.
Eligibility: Individual entrepreneurs, SHGs, cooperatives, and FPOs.
Financial Assistance: Credit-linked capital subsidy up to 35% of the project cost (maximum ₹10 lakh).
Implementing Agency: Ministry of Food Processing Industries (MoFPI).
3. One Family One Entrepreneur (OFOE)
Objective: To encourage at least one member of a family to become an entrepreneur.
Eligibility: Families with no existing entrepreneur in the household.
Financial Assistance: Subsidized loans, mentorship, and skill development programs.
Implementing Agency: State government initiatives (varies by state).
4. Mukhyamantri Margadarshi Grant (MMG)
Objective: To provide financial aid and mentorship to budding entrepreneurs and startups.
Eligibility: Startups, small businesses, and young entrepreneurs.
Financial Assistance: Grants, seed funding, and interest-free loans.
Implementing Agency: State government and startup promotion boards.
5. Kerala Financial Corporation (KFC) Schemes
Objective: To provide financial support to small and medium enterprises (SMEs) in Kerala.
Eligibility: MSMEs, startups, women entrepreneurs, and self-employed individuals.
Financial Assistance: Various loan schemes, working capital support, and project financing.
Implementing Agency: Kerala Financial Corporation (KFC).
6. Ente Gramam
Objective: To promote sustainable rural development through entrepreneurship, employment, and infrastructure support.
Eligibility: Rural entrepreneurs, SHGs, and cooperative societies.
Financial Assistance: Grants, loans, and training support for rural enterprises.
Implementing Agency: Kerala Government.
7. Entrepreneurship Support Scheme (ESS)
Objective: To support new entrepreneurs by providing financial assistance for business setup.
Eligibility: Entrepreneurs, startups, and MSMEs in various sectors.
Financial Assistance: Subsidy of up to 30% on project cost and loan support.
Implementing Agency: Directorate of Industries & Commerce, Government of Kerala.