One Family One Enterprise Scheme (OFOE)

The Government of Kerala's 'One Family One Enterprise' scheme is designed to encourage entrepreneurial activity and support women by ensuring that every family establishes at least one MSME unit, including those in trade. Given that MSMEs depend heavily on bank financing, the scheme offers early-stage support to improve their competitive position.

Interest subvention is provided on Term Loans and/or Working Capital Loans obtained by MSME units from financial institutions, including Nationalized Banks, Scheduled Banks, KSIDC, KFC, KSFE, and Kerala Bank. The scheme covers units involved in manufacturing, service, and trading activities. A stated goal is that 50% of beneficiaries will be women entrepreneurs, which supports inclusive economic development in the state.

Assistance applies to loan amounts up to ₹10 lakh for fixed capital and/or working capital, over a five-year period, which eases the financial load on new enterprises.

1. Go to the official website of the Directorate of Industries & Commerce, Government of Kerala, at https://schemes.industry.kerala.gov.in/public/index.php/schemes. 2. Under the Online Services section, choose the 'One Family One Enterprise' scheme and click 'Apply Now'. 3. New users should select the 'Registration' option, provide the necessary details, and then log in. Existing users may log in directly. 4. Once logged in, fill out the application form with all required information. 5. Submit the completed form online. 6. The Assistant District Industries Officer (recommending authority) will review the application and forward it to the General Manager, District Industries Centre (sanctioning authority). 7. The sanctioning authority will process complete, error-free applications within 15 days. 8. Eligible interest subvention will be credited to the unit's bank account either half-yearly or yearly, depending on the claim.

The Assistant District Industries Officer (ADIO) at the Taluk Industries Office performs the initial screening of applications and acts as the recommending authority. After assessing eligibility, the ADIO forwards the application with a recommendation to the General Manager (GM) of the District Industries Centre, who serves as the sanctioning authority. The GM must dispose of completed, defect-free applications within 15 days of receipt, and the decision is communicated to the applicant directly or electronically. Disbursement of assistance occurs through the financing institution once the applicant signs a legal agreement with the sanctioning authority.