The "scale-up fund" provided by the Kerala State Industries Development Corporation (KSIDC) for successful start-ups is set to be doubled from Rs 50 lakh to Rs 1 crore. This announcement was made in the "Scale Up Conclave" held in Thiruvananthapuram by the Minister for Industries.
The Scaleup Conclave was organised by the Department of Industries, KSIDC, and KSUM to provide space for airing the concerns of the start-ups in scaling up their operations and staying in the state.
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