Madhya Pradesh State Innovation Challenge
Grant up to ₹1 Crore for DPIIT-recognized startups deploying high-impact solutions in Madhya Pradesh.
Department of MSME, Government of Madhya Pradesh is a government body with 7 startup funding programmes on startupfunds. Browse every opportunity below, with eligibility, amounts and how to apply.
Department of MSME, Government of Madhya Pradesh runs 7 startup funding programs listed on startupfunds, spanning grant and subsidy funding up to ₹1Cr. 7 are accepting applications right now.
The Department of MSME, Government of Madhya Pradesh is a government body responsible for administering the Madhya Pradesh Startup Policy. This department offers various forms of assistance to startups within the state.
Its support mechanisms include financial aid, patent assistance, incubation grants, and lease rental subsidies. These initiatives are designed to benefit over 5,000 registered startups.
The department operates specific programs under the Madhya Pradesh Startup Policy 2022. These include:
Filters that match Department of MSME, Government of Madhya Pradesh's programs — tap one to see every grant in that category.
Grant up to ₹1 Crore for DPIIT-recognized startups deploying high-impact solutions in Madhya Pradesh.
MP Industrial Promotion Policy (2025) — Incentives: 15%–40% capital subsidy + interest subsidy + electricity duty exemption for MSMEs in backward areas of Madhya Pradesh.
DPIIT-recognized startups in MP get 50% lease rent reimbursement up to ₹5,000/month for 3 years.
Provides margin money and interest subsidy for DPIIT-recognized startups in Madhya Pradesh.
Government top-up for SEBI/RBI-recognized investments, up to ₹15 Lakh per instance, with women-led bonus.
Reimbursement of patent filing costs up to ₹5 lakh for DPIIT-recognized MP startups.
Monthly ₹10,000 sustenance allowance for DPIIT-recognized startups in Madhya Pradesh, disbursed via incubators.
What founders ask about funding from Department of MSME, Government of Madhya Pradesh.
Compare Department of MSME, Government of Madhya Pradesh's programs against the wider funding landscape.