Check Eligibility

Kerala

One Family One Enterprise Scheme

Enterprise
Entrepreneur
Family
Interest Subvention
Loan
MSME
OFOE
Details
Benefits
Eligibility
Application Process
Documents Required
Frequently Asked Questions
The Government of Kerala approved the scheme “One Family One Enterprise” to encourage entrepreneurial activity in every household and empower women's entrepreneurship. This scheme aims to set up at least one MSME unit including trade activity in each family. The MSMEs primarily rely on bank finance for their operations. Providing assistance in the early stage of the establishment of the enterprise will enhance the competency of the MSME unit. The scheme intends to provide interest subvention on Term loans and/or Working capital loans availed by MSME units from financial institutions viz. Nationalized Banks, Scheduled Banks, KSIDC, KFC, KSFE and Kerala Bank. The units engaged in manufacturing, service, and trading are eligible for the assistance. 50% of the beneficiaries under the scheme shall be women entrepreneurs.
Objectives:
The scheme envisages encouraging entrepreneurial activity in every household and promoting upcoming entrepreneurs in setting up enterprises through providing interest subvention for loan amounts up to ₹10 lakh (for fixed capital loan and/ or working capital loan) of the project cost.
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