Punyashlok Ahilyadevi Holkar Women Startup Scheme — Frequently Asked Questions
Answers to the questions founders most often ask about Punyashlok Ahilyadevi Holkar Women Startup Scheme — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding does the Punyashlok Ahilyadevi Holkar Women Startup Scheme offer?
The scheme provides a grant of ₹1 lakh to ₹25 lakh per startup. The funding is non-dilutive, so you retain full ownership of your business.
What is the application deadline?
Applications must be submitted by 15th February 2026. We recommend applying well before the deadline to ensure your application is complete.
Who can apply for this grant?
Women-founded/led startups that are DPIIT-recognized and registered in Maharashtra. Women founders must hold more than 51% equity in the company. The startup must have been operational for over one year, have an annual revenue between ₹10 lakh and ₹1 crore, and be registered with the MCA before 20th November 2024.
Which industries or sectors are eligible?
The scheme does not restrict specific sectors; it is open to all innovative startups demonstrating potential for scalable growth. Any sector aligned with innovation and inclusive entrepreneurship can apply.
Does the program take equity in my startup?
No. This is a grant scheme – the funding is non-dilutive, meaning you do not give up any equity or stake in your company.
Are startups from outside Maharashtra eligible?
No, the startup must be registered and based in the state of Maharashtra to qualify for this scheme.
Can a startup that has already received a grant from another department of the Government of Maharashtra apply?
No. The eligibility criteria clearly state that the women-led startup must not have availed any other financial grant from the Government of Maharashtra.
What documents are required to apply?
You will need to provide company and founder details, incorporation certificate, DPIIT recognition proof, shareholding pattern, and revenue details. Specific supporting documents may be requested during the process.
How do I apply?
Applications are submitted through the official Maharashtra State Innovation Society portal: https://msins.accubate.app/ext/form/2415/1/apply. Complete the online form with all required information and documents.
Is DPIIT recognition required for Punyashlok Ahilyadevi Holkar Women Startup Scheme?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Punyashlok Ahilyadevi Holkar Women Startup Scheme, though having it can strengthen your application and unlock other benefits.
Who offers Punyashlok Ahilyadevi Holkar Women Startup Scheme?
Punyashlok Ahilyadevi Holkar Women Startup Scheme is offered by Maharashtra State Innovation Society (MSInS), a government body. It is provided as non-dilutive funding.
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