Startup Grants & Funding for Electronics & Hardware Startups

Capital subsidy of up to ₹4 crore from the Uttar Pradesh government for new MSMEs, on fixed capital investment in plant, machinery, equipment and related buildings.

This incentive scheme offers 1-1.5% of incremental turnover to Export Oriented Units for 5 years, capped at 10% of Fixed Capital Investment, with MSMEs receiving up to ₹1 crore annually.

Tripura reimburses 30% or 40% of fixed capital for industrial units, with ceilings of Rs. 100 lakhs, Rs.125 lakhs, or Rs. 200 lakhs by size and sector.

Existing units in Jammu & Kashmir get a 5% interest subvention on working capital loans for up to 5 years, with a maximum benefit of ₹1 crore.

Puducherry pays 25% of your building investment, up to ₹1 crore, if you build for IT or biotechnology industries.

R&D centres, GCCs and test labs in Rajasthan get a 25% subsidy, up to INR 1 crore, on the cost of setting up environmental projects under RIPS 2024.

RIPS 2024 pays 50% of a services enterprise's in-house R&D IP costs — patents, copyright, trademarks and GI registration — up to INR 1 crore.

Medium and large units in Meghalaya get 50% off captive power sets — up to Rs 50 lakhs conventional, Rs 1 crore renewable.

MSMEs in Rajasthan recover 50% of the cost of environmental projects, up to a ceiling of INR 1 crore, under the RIPS 2024 green incentives.

A financial assistance scheme by PIPDIC, Puducherry, offering loans up to ₹90 lakh to well-performing Small Scale Industrial (SSI) units for purchasing equipment, modernization, or expansion.

Financial assistance of up to ₹75 lakh for Micro, Small, and Medium Enterprises in Uttar Pradesh to adopt Zero Liquid Discharge waste recycling solutions.

Goa Government scheme to reimburse up to 50% of fresher salaries (up to ₹10,000/month) or up to 25% of local workforce salaries (up to ₹25 lakh/year) for up to 3 years.

Financial support for DPIIT-recognized Startups and MSMEs for prototyping, PoC, validation, and pilot deployment of telecom and ICT solutions, offering up to ₹50 lakh as equity-free grant-in-aid.

Provides financial assistance up to ₹15 Lakhs (extendable to ₹50 Lakhs) to startups in Uttar Pradesh for prototype development, market research, and MVP launch.

SINE IIT Bombay's Titanium program transforms deep-tech IP from IIT Bombay professors/researchers into startups by matching them with co-founders, mentors, and providing early-stage capital.

PIPDIC offers short-term financial assistance as loans ranging from ₹5 lakh to ₹50 lakh to existing Medium and Small Scale Industry units in Puducherry.

Provides soft loans at 6% interest for tiny, micro, and small units/enterprises in Nagaland towards technology upgradation and expansion.

A scheme by MeitY and DoT to reimburse up to 75% of telecom equipment testing and certification charges for DPIIT-recognized Start-ups and MSME-registered Micro & Small Enterprises, capped at ₹50 lakh.

Funding for manufacturing projects (up to ₹50 lakh) and service or retail projects (up to ₹25 lakh), plus a 5% interest subsidy on loans, for Scheduled Caste applicants in Madhya Pradesh.

Assistance for industrial units in Puducherry covering 50% of total rent, literature, and display material expenses for participation in international trade fairs, up to a maximum of ₹5 lakh.

A scheme by the Gujarat Government offering financial assistance up to ₹50 lakh to MSMEs for technology acquisition, covering up to 65% of the cost.

Provides interest subsidy on term loans for Micro, Small, and Medium Enterprises (MSMEs) in Chhattisgarh, with benefits ranging from 40-55% for 5-8 years, capped at ₹15-50 Lakh annually.