One Family One Enterprise Scheme

Industries & Commerce Department

The Government of Kerala approved the scheme 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 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.