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 11 startup funding programmes on startupfunds. Browse every opportunity below, with eligibility, amounts and how to apply.
Department of MSME, Government of Madhya Pradesh runs 11 startup funding programs listed on startupfunds, spanning grant, debt / loan and subsidy funding ₹50,000 – ₹20Cr. 11 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.
A Madhya Pradesh government credit scheme for Scheduled Caste families below the poverty line, offering loans up to ₹50,000 with ₹15,000 margin money, interest subsidy, a 6-month moratorium and 5-year repayment.
Madhya Pradesh's flagship self-employment loan scheme, offering bank loans of ₹50,000 to ₹10,00,000 along with margin money, interest subsidy, loan guarantee cover and training.
A Government of Madhya Pradesh debt scheme offering young, first-time entrepreneurs term loans of ₹10 lakh to ₹2 crore, margin money support and a multi-year interest subsidy to set up new industries in the state.
A Madhya Pradesh government loan scheme for farmer's children aged 18-45, offering ₹50,000 to ₹10 lakh along with capital cost and interest subsidies.
MP Industrial Promotion Policy (2025) — Incentives: 15%–40% capital subsidy + interest subsidy + electricity duty exemption for MSMEs in backward areas of Madhya Pradesh.
Reimbursement of patent filing costs up to ₹5 lakh for DPIIT-recognized MP startups.
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.
DPIIT-recognized startups in MP get 50% lease rent reimbursement up to ₹5,000/month for 3 years.
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.