Department of Electronics & Information Technology
A standard investment subsidy is available for startups at 30% of Fixed Capital Investment subject to a limit of Rs. 15 Lakhs for companies located in Thiruvananthapuram and Ernakulam districts. For companies located outside the districts of Thiruvananthapuram and Ernakulam, the applicable Standard Investment Subsidy will be 40% of Fixed Capital Investment subject to a limit of Rs. 25 Lakhs. Industries that qualify for SIS are IT Software Development, IT Services, IT Enabled Services (excluding IT training institutes that provide training to public at large), Hardware Manufacture.