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

The scheme pays 25% of your approved fixed capital investment, with the payout capped at ₹10,00,00,000 (₹10 crore). Because a minimum investment of ₹1 crore is required, support under the scheme ranges from ₹25 lakh to ₹10 crore overall. The exact figure is calculated on the capital expenditure the department approves.

No. The scheme runs on a rolling basis and applications are accepted throughout the year. Two timing conditions do matter, though: your project must be established and operational within the operative tenure of the Tourism Policy 2025, and your subsidy application has to be submitted online within one year from the date commercial operations begin.

Four project categories are covered — sea plane operations, amphibian tourist vehicle services, aero sports facilities, and aero sports training centres or academies. A venture falling outside these adventure tourism categories would not be eligible, even if it is otherwise a tourism project in Madhya Pradesh.

Your project must involve a minimum capital expenditure of ₹1 crore on fixed assets, as approved by the department. Helpfully, capital investment made up to three years before the unit starts operating can also be considered when the subsidy is calculated, which gives promoters room to plan and execute in stages.

The scheme is not restricted to companies. Public Limited Companies, Private Limited Companies, LLPs, Proprietorship Firms, Partnership Firms, Cooperatives, Trusts, FPOs and even individual applicants can apply. You will also need to be registered with the Tourism Department to claim the benefit.

No. This is a capital investment subsidy, not an equity investment, so you do not hand over any stake or shares in your venture. It is a non-dilutive incentive — the department simply reimburses a portion of the capital you have already committed and spent.

The disbursement pattern depends on your project type. Sea plane and amphibian tourist vehicle projects receive 40% of the subsidy at the start of operations and then 20% each year for the following three years. Aero sports facilities and aero sports training centres or academies receive their subsidy one year after operations begin.

You must file an annual self-declaration confirming continuous operation by April 15 every year, and this applies for at least three years after the subsidy is granted. If the unit closes within one to three years, a portion of the subsidy — between 50% and 80% — has to be refunded to the department.

Start on the Madhya Pradesh Government's Invest Portal by registering as a "Vendor / Investor". You fill in basic details, pick your organisation type, enter your firm and authorised person names, and provide a valid email ID and mobile number. A User ID and password are sent to your registered mobile number; log in and complete your profile. Then secure all mandatory permissions through the online single-window system, complete construction so the ₹1 crore minimum capital expenditure is met, begin commercial operations, and submit the capital subsidy application online within one year of commencement, uploading documents in the specified formats.

Yes. Registration with the Tourism Department is a condition for qualifying for the benefits under this scheme, along with meeting the capital expenditure threshold and the operational timeline set by the Tourism Policy 2025.

No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for MP Capital Subsidy: Sea Plane, Amphibian Vehicle & Aero Sports — ₹10 Cr, though having it can strengthen your application and unlock other benefits.

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 is offered by Tourism Department, Government of Madhya Pradesh, a government body. It is provided as non-dilutive funding.