Dedicated R&D Fund, Maharashtra — ₹30 Cr Grant for Manufacturers — Frequently Asked Questions
Answers to the questions founders most often ask about Dedicated R&D Fund, Maharashtra — ₹30 Cr Grant for Manufacturers — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much money can a manufacturing unit receive from this fund?
The support is the lower of two figures: 50% of your total R&D expenditure, or ₹30 crore. So a project with ₹80 crore of R&D spend would be eligible for ₹30 crore, while a project with ₹20 crore of spend would attract ₹10 crore.
Does the Dedicated R&D Fund take equity in my company?
No. This is a grant, which means it is non-dilutive — you do not hand over any shares or ownership stake in exchange for the money.
Who is eligible to apply?
Manufacturing units based in Maharashtra that are actively engaged in research and development. Along with the location and sector requirement, a unit must show that its R&D investment is at least 2% of its total annual turnover.
What is the minimum R&D investment I need to show?
Your R&D spending must be at least 2% of your total annual turnover. Meeting this threshold is part of the eligibility conditions, and you will need to demonstrate compliance when you apply.
Is there an application deadline?
No. The fund runs on a rolling basis, meaning applications are always open and you can apply at any point rather than waiting for a fixed window.
How is the grant money paid out?
The approved amount is released in 10 equal instalments. This staggered structure is designed to keep funds flowing steadily through the lifecycle of a long R&D project instead of arriving all at once.
Do I have to fund part of the R&D myself?
Yes. Since the grant covers a maximum of 50% of your R&D expenditure, your unit is expected to bear the remaining cost. In practice the scheme works as co-financing for the project rather than covering it entirely.
Which types of entities can apply?
The policy is framed around legally incorporated manufacturing enterprises. Private limited companies, LLPs, one person companies, partnerships and proprietorships are the typical applicants, as long as they meet the other eligibility conditions.
Is the fund restricted to particular manufacturing industries?
No specific industry is named. The scheme refers broadly to manufacturing units in Maharashtra, which suggests it is open across sectors within manufacturing.
What documents and information will I need for the application?
Expect to provide detailed documentation of your manufacturing unit — incorporation details and financial statements among them — plus a comprehensive R&D project proposal. That proposal should set out the R&D objectives, the methodology, the anticipated outcomes and a detailed breakdown of the associated expenditure. You will also need to demonstrate compliance with the 2% of annual turnover R&D threshold.
How and where do I apply?
Applications go through the official portal or the designated department under the Maharashtra Industries, Investment and Services Policy-2025. The state's industry portal, including the MAITRI login at https://maitri.maharashtra.gov.in/login, is where you submit, and further details on the application form and required annexures are available there or within the policy document itself.
Is DPIIT recognition required for Dedicated R&D Fund, Maharashtra — ₹30 Cr Grant for Manufacturers?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Dedicated R&D Fund, Maharashtra — ₹30 Cr Grant for Manufacturers, though having it can strengthen your application and unlock other benefits.
Who offers Dedicated R&D Fund, Maharashtra — ₹30 Cr Grant for Manufacturers?
Dedicated R&D Fund, Maharashtra — ₹30 Cr Grant for Manufacturers is offered by Directorate of Industries, Government of Maharashtra, a government body. It is provided as non-dilutive funding.
How do I apply for Dedicated R&D Fund, Maharashtra — ₹30 Cr Grant for Manufacturers?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
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