Prime Minister's Employment Generation Programme (PMEGP)
Credit-linked subsidy scheme from Ministry of MSME for establishing new micro-enterprises in manufacturing or services, with funding up to ₹50 lakh via banks.
Ministry of MSME is a government body with 13 startup funding programmes on startupfunds. Browse every opportunity below, with eligibility, amounts and how to apply.
Ministry of MSME runs 13 startup funding programs listed on startupfunds, spanning subsidy, debt / loan and grant funding ₹10L – ₹15Cr. 11 are accepting applications right now.
The Ministry of MSME is a central government ministry, operating various schemes to support micro and small enterprises throughout India. Its official website is https://msme.gov.in/.
This government body offers different forms of assistance, including subsidised loans, margin money, and incubation support. These initiatives are designed to aid businesses across the country.
Among the schemes managed by the Ministry are PMEGP and ASPIRE, which are part of its broader efforts to empower the MSME sector.
Filters that match Ministry of MSME's programs — tap one to see every grant in that category.
Credit-linked subsidy scheme from Ministry of MSME for establishing new micro-enterprises in manufacturing or services, with funding up to ₹50 lakh via banks.
40% subsidy up to ₹10 lakh for coir processing units + free spinning wheels for women artisans
15% capital subsidy on technology upgradation for MSME plant & machinery
25% upfront capital subsidy up to ₹25L for SC/ST-owned MSEs on technology upgradation, operated via NSIC National SC-ST Hub.
Subordinate debt with 90% CGTMSE guarantee for stressed/NPA-classified MSMEs
Collateral-free credit guarantee up to ₹2 crore for micro & small enterprises
50%–80% subsidy on LEAN manufacturing implementation for MSMEs
15%–35% margin-money subsidy for new micro-enterprises via KVIC
Government-subsidised quality certification for MSMEs — 50%–80% subsidy on ZED certification costs
National MSME innovation hackathon on frontier tech — renewable energy, Industry 4.0/5.0, robotics, automotive & more. Up to ₹15 lakh + incubation per approved idea. Open to Indian citizens 18+; apply 27 Jun–14 Jul 2026.
Grant for manufacturing MSMEs to access design expertise, with support of up to ₹40L for projects like new product development. Government covers a majority of costs with no equity taken.
Recently closed — many run again, so they're worth tracking for the next cohort.
Ministry of MSME's hackathon offering up to ₹15L grant and incubation for innovative ideas addressing national challenges.
Seed funding for iDEX-referred defence startups incubating at SIIC IIT Kanpur, offering ₹10L–₹15Cr via equity/equity-like instruments.
What founders ask about funding from Ministry of MSME.
Compare Ministry of MSME's programs against the wider funding landscape.