Capital Investment Subsidy, MP — 15% Up to ₹5 Cr for Film Studios

The Capital Investment Subsidy Scheme is a Madhya Pradesh government incentive built to pull large, capital-hungry visitor attractions into the state. The Tourism Department runs it and the Madhya Pradesh Tourism Board implements it, and it is aimed at a defined set of projects: film studios, film-making units, museums, aquariums and theme parks.

The mechanism is simple. Once the department approves a project's fixed capital investment, the state pays 15% of that approved amount as a subsidy, subject to a ceiling of ₹5 crore. Because a project must commit at least ₹1 crore in capital expenditure to qualify, payouts in practice start around ₹15 lakh and can run up to the full ₹5 crore.

That design targets a real problem. Studios, museums, aquariums and theme parks need heavy spending on land, buildings and equipment long before they earn anything. By funding a slice of the capex, the scheme reduces the equity a promoter has to sink upfront and makes these projects easier to get off the ground in Madhya Pradesh.

Applications are accepted on a rolling basis rather than against a fixed deadline. They are filed through the state's online single-window system, the same place where a project's mandatory permissions are applied for and tracked.

• Subsidy of 15% on approved fixed capital investment, capped at ₹5 crore
• Minimum approved capital expenditure of ₹1 crore to qualify
• For film studios, film-making units, museums, aquariums and theme parks in Madhya Pradesh
• No equity taken — the subsidy is non-dilutive
• Subsidy application due within one year of starting operations
• Rolling applications via the state's online single-window portal

Who can apply

• Any legally recognised applicant — a public or private limited company, partnership firm, proprietary concern, cooperative society, trust, FPO or an individual.
• The project must be a new one in a supported category: film studio, film-making facility, museum, aquarium or theme park.
• It must fall within the Tourism Department's definition of a "tourism project".
• Approved capital expenditure must be at least ₹1,00,00,000 (₹1 crore).
• The subsidy claim has to be submitted online within one year of the date the project starts operating.
• The same project must not have drawn a capital subsidy or investment promotion assistance under any other category of this policy.

Conditions to keep meeting

• The unit must stay in operation for three years from the date the subsidy is availed. Close earlier and the subsidy is refunded proportionally.
• Investment made prior to three years from the date of commencement of operation has to be maintained for the subsidy to be calculated.

Capital Investment Subsidy, MP — 15% Up to ₹5 Cr for Film Studios is open to startups at any stage. It is open to startups registered anywhere in India.

Capital Investment Subsidy, MP — 15% Up to ₹5 Cr for Film Studios accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.

The main benefit is a capital investment subsidy equal to 15% of your approved fixed capital investment, capped at ₹5,00,00,000 (₹5 crore). To unlock it, the project must show department-approved capital expenditure of at least ₹1,00,00,000 (₹1 crore) — which means the smallest possible payout works out to roughly ₹15 lakh and the largest is the full ₹5 crore.

The money is paid against fixed capital you have actually invested and got approved, and it is meant to offset part of the upfront build-out cost of large tourism infrastructure — the land development, buildings and equipment needed to establish a film studio, film-making facility, museum, aquarium or theme park in Madhya Pradesh.

Beyond the cash, the scheme routes applicants through the state's online single-window system. The permissions a project needs in order to get off the ground are applied for and tracked on the same portal used for the subsidy claim, which cuts down on running between departments.

Because this is a subsidy rather than an investment, the funding is non-dilutive — no equity or ownership stake is given up in return.

Capital Investment Subsidy, MP — 15% Up to ₹5 Cr for Film Studios is offered by Tourism Department, Government of Madhya Pradesh, a government body. As a government-backed subsidy, it is publicly funded and open to eligible startups across India.

There is no competition, pitch round or jury shortlisting here. Assessment is compliance-based: the Tourism Department and the Madhya Pradesh Tourism Board check whether your project and your claim satisfy the scheme's conditions.

The evaluation rests on a few things — whether the project fits the supported categories and the department's definition of a tourism project, whether approved capital expenditure crosses the ₹1 crore threshold, whether the claim was filed within one year of operations starting, and whether the same project has already taken a capital subsidy or investment promotion assistance under another category of the policy.

The practical sequence is: register on the state's online single-window portal as a Vendor/Investor, complete your profile after the first login, obtain the mandatory permissions through the same system and build the project to the required capital outlay, then file the capital subsidy application online within a year of commencing operations with all required documents uploaded in the specified formats. From there the department or Board verifies the application and documents and processes the claim.

Before you apply to Capital Investment Subsidy, MP — 15% Up to ₹5 Cr for Film Studios, keep the following documents ready:

• A pitch deck or short business plan describing the problem, product and traction
• Company registration documents and PAN
• Founder identification (PAN / Aadhaar) and brief profiles
• Recent financial statements or projections
• Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.

Capital Investment Subsidy, MP — 15% Up to ₹5 Cr for Film Studios is best suited for startups in India seeking non-dilutive funding of ₹15L – ₹5Cr. If that describes your startup, review the eligibility criteria above before applying.