Startup Grants & Funding for Travel & Tourism Startups

NSIC's Raw Material Assistance Scheme provides repayable credit support to Micro, Small and Medium Enterprises (MSMEs) for procuring indigenous and imported raw materials, helping them overcome working-capital constraints.

A term loan scheme by PIPDIC, Puducherry, offering financial assistance up to "₹10 crore" for new and existing Micro, Small, or Medium enterprises for fixed asset acquisition and business expansion.

Karnataka State Financial Corporation offers an interest subsidy on business loans up to ₹10 crore for SC/ST entrepreneurs to establish or expand micro/small enterprises, reducing the effective interest rate to 4%.

Madhya Pradesh government offers a capital investment subsidy of 15% (up to ₹10 crore) for establishing large convention centers with 500+ seating capacity combined with hotels to promote MICE tourism.

A scheme under the Maharashtra Industries Investment and Services Policy 2025, offering up to 20% reimbursement of R&D and technology transfer costs, with a maximum of ₹10 crore, for units promoting import substitution.

A capital investment subsidy of up to ₹10 crore by the Government of Madhya Pradesh to promote adventure tourism by incentivizing the establishment of sea plane, amphibian tourist vehicle, and aero sports facilities.

A scheme by the Government of Uttar Pradesh offering 25% reimbursement of R&D expenditure, up to ₹10 Crore, for standalone R&D units with a minimum capital investment of ₹20 Crore.

Capital subsidy of 30% on cost of plant & machinery or physical assets, with a maximum limit of ₹10 crore, for Small and Medium Enterprises in Nagaland under the NTIIP 2025.

An incentive from the Andhra Pradesh government for FPOs/SHGs/Federations/Co-operatives/Societies, Micro, Small, Medium, and Large units to support technology upgradation, expansion, or modernization.

A subsidy from the Government of Odisha providing 25% of investment in green plant & machinery and technical civil works for industrial units, up to "10 crore.

A fixed capital investment grant for new Micro, Small, and Medium Enterprises (MSMEs) in Chhattisgarh's services sector, offering 35-45% of FCI up to ₹8 crore.

Capital subsidy of up to ₹10 crore for new and existing industries in Odisha adopting Zero Liquid Discharge for waste water recovery.

Financial incentive for new and expanding manufacturing or service units in Jammu & Kashmir, offering up to 50% of capital investment with a maximum of ₹7.5 crore.

Provides grant-in-aid of up to 50% of the capital cost, capped at ₹5 crore, for units setting up Quality, Testing, and Certification Laboratories in Maharashtra.

Provides matching assistance of 50% up to ₹5 crore for startups that have raised funds from recognized national/international bodies or missions, with operations in Uttar Pradesh.

A grant scheme under Andhra Pradesh's MEDP 4.0 policy, providing up to ₹5 Crore for Micro, Small, and Medium Enterprises to support technology upgradation, expansion, diversification, and modernization.

A state incentive program providing 50% reimbursement of employer's EPF contribution for 5 years, up to ₹5 crore, for industrial units creating significant direct jobs in Maharashtra.

Offers a 50% subsidy, capped at ₹5 crore, for standalone R&D projects in Maharashtra to cover costs of obtaining national or international certifications.

Receive an investment subsidy of 75% on State taxes for a period of 10 years, capped annually at ₹5 crore, under the Rajasthan Investment Promotion Scheme 2024.

Provides 75% exemption and 25% reimbursement on stamp duty for eligible startups in Rajasthan, capped annually at INR 5 crores under RIPS 2024.

Provides a 5.5% interest subvention on working capital loans for new and expanding business units in Jammu & Kashmir, with a maximum benefit of ₹5 crore over five years.

Women-led startups in Rajasthan can claim an additional 25% reimbursement of State tax for the first two years of operations, capped annually at ₹5 crore.