MP Capital Subsidy: Sea Plane, Amphibian Vehicle & Aero Sports — ₹10 Cr

The Tourism Department of the Government of Madhya Pradesh offers a capital investment subsidy to promoters who build sea plane operations, amphibian tourist vehicle services, aero sports facilities, or aero sports training centres and academies in the state. The incentive sits within the state's Tourism Policy 2025 and is designed to draw high-capital adventure tourism ventures into Madhya Pradesh while also strengthening travel connectivity.

The focus is deliberately narrow. Instead of routine hospitality projects, this scheme backs equipment-heavy, infrastructure-intensive ventures that a single promoter would find hard to finance alone. The department covers a share of the approved fixed capital investment, which brings down the upfront cost of setting up these specialised operations.

Financial support is paired with regulatory facilitation. Promoters are expected to obtain their mandatory permissions through the state's online single-window system, and the department verifies the project along with the capital expenditure actually incurred before any subsidy is released.

Applications run round the year, so there is no fixed submission window to wait for. The project itself, however, has to be established and made operational within the operative tenure of the Tourism Policy 2025, and the subsidy claim must reach the department within one year of commercial operations beginning.

• Capital subsidy worth 25% of approved fixed capital investment
• Capped at ₹10 crore, with support ranging from ₹25 lakh to ₹10 crore
• Minimum capital expenditure of ₹1 crore required to qualify
• Covers sea planes, amphibian tourist vehicles, aero sports and training academies
• Sea plane and amphibian projects get 40% at launch plus 20% annually for three years
• Open round the year under Madhya Pradesh's Tourism Policy 2025

The scheme is open to promoters setting up a tourism project in one of four defined categories: sea plane operations, amphibian tourist vehicle services, aero sports facilities, or an aero sports training centre or academy.

Key conditions to meet:

• A minimum capital expenditure of ₹1 crore on fixed assets, as approved by the department, must be incurred.
• The unit must be established and operationalised within the operative tenure of the Tourism Policy 2025.
• The unit has to be registered with the Tourism Department before benefits can be claimed.
• A range of applicant types are accepted — Public Limited Company, Private Limited Company, LLP, Proprietorship Firm, Partnership Firm, Cooperative, Trust, FPO, or an Individual.
• After the subsidy is received, an annual self-declaration of continuous operation must be filed by April 15 each year for a minimum of three years.
• If the unit shuts down within one to three years, 50% to 80% of the subsidy has to be refunded to the department.

MP Capital Subsidy: Sea Plane, Amphibian Vehicle & Aero Sports — ₹10 Cr is open to startups at any stage. It is open to startups registered anywhere in India.

MP Capital Subsidy: Sea Plane, Amphibian Vehicle & Aero Sports — ₹10 Cr 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.

Recipients receive a capital investment subsidy of 25% on their approved fixed capital investment, subject to a ceiling of ₹10,00,00,000 (₹10 crore). Overall support under the scheme therefore ranges from ₹25 lakh to ₹10 crore, depending on the size of the approved investment.

How and when the money is released depends on the project category:

• Sea plane and amphibian tourist vehicle projects: the subsidy is released in phases — 40% at the start of operations, followed by 20% every year for the next three years.
• Aero sports and aero sports training centre/academy projects: the subsidy is provided one year after operations commence.

A useful flexibility: investment made up to three years before the unit begins operations can be counted while working out the subsidy.

The scheme also provides regulatory assistance, with mandatory permissions required to be obtained through the online single-window system.

MP Capital Subsidy: Sea Plane, Amphibian Vehicle & Aero Sports — ₹10 Cr 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.

Applications are reviewed and processed by the Tourism Department/Board. There is no competitive shortlisting round — the appraisal is a verification exercise carried out against the scheme guidelines.

The department checks three things in particular:

• Whether the applicant and the proposed tourism project meet the eligibility conditions.
• Whether the capital expenditure claimed matches what was actually incurred.
• Whether every submitted document complies with the requirements set out in the Tourism Policy 2025.

Once these verifications are complete and found satisfactory, the subsidy claim is taken forward for disbursement.

Before you apply to MP Capital Subsidy: Sea Plane, Amphibian Vehicle & Aero Sports — ₹10 Cr, 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.

MP Capital Subsidy: Sea Plane, Amphibian Vehicle & Aero Sports — ₹10 Cr is best suited for startups in India seeking non-dilutive funding of ₹25L – ₹10Cr. If that describes your startup, review the eligibility criteria above before applying.