The Madhya Pradesh Startup Policy 2022 is a state-level initiative by the Department of MSME, Government of Madhya Pradesh, designed to support startups.
The Madhya Pradesh Startup Policy 2022 is a state-level scheme from the Government of Madhya Pradesh. It is administered by the Department of MSME and aims to foster the startup ecosystem within the state.
This policy provides various forms of support for startups, including investment-linked assistance, margin money and interest subsidies, lease rental aid, sustenance allowances, and patent assistance.
Specific programs operating under this policy include:
Provides margin money and interest subsidy for DPIIT-recognized startups in Madhya Pradesh.
DPIIT-recognized startups in MP get 50% lease rent reimbursement up to ₹5,000/month for 3 years.
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.
Government top-up for SEBI/RBI-recognized investments, up to ₹15 Lakh per instance, with women-led bonus.
Compare this scheme's programs against the wider funding landscape.