Dedicated R&D Fund for Services, Maharashtra
By Directorate of Industries, Government of Maharashtra
Check your eligibility
Sign up and we'll tell you whether your startup qualifies for this grant.
Quick Answer
This fund provides financial assistance of up to ₹10 crore or 50% of eligible R&D costs to DSIR-recognised Mega and Ultra-Mega service units in Maharashtra, disbursed in 10 instalments.
- Funding amount
- Up to ₹1Cr
- Funding type
- Grant
- Application deadline
- Rolling
- Location
- Maharashtra
About this grant
The Dedicated R&D Fund, a key component of the Maharashtra Industries, Investment and Services Policy-2025, is designed to significantly bolster research and development activities within the state's vibrant manufacturing sector. This initiative provides crucial financial backing to eligible manufacturing units, actively encouraging them to innovate, develop cutting-edge products, and enhance existing processes for improved efficiency and competitiveness. By supporting substantial R&D expenditures, the fund aims to elevate the technological prowess and global standing of Maharashtra-based industries. This strategic investment in R&D is vital for fostering a robust culture of innovation and driving sustainable economic growth, aligning directly with the state's broader vision for industrial advancement and technological leadership. The program is specifically structured to mitigate the financial risks associated with pioneering research and development, thereby making it more accessible and feasible for manufacturing units across Maharashtra to invest in advanced technologies, sustainable practices, and market-disrupting innovations.
Eligibility
See if you're eligible
Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Grant providers
Benefits & Funding
- Amount
- Up to ₹1Cr
- Fund type
- Grant
- Equity
- Equity-free
- Repayment
- Non-repayable
What You Get
Eligible manufacturing units can receive substantial financial support, covering up to ₹30 crore or 50% of their total R&D expenditure, whichever amount is lower. This grant is disbursed in 10 equal installments, providing a steady flow of funds to sustain long-term research projects. The funding helps manufacturing units offset the costs of R&D, enabling them to invest in advanced equipment, skilled personnel, and innovative processes. The program is structured to support significant research endeavors, with a minimum R&D investment threshold of 2% of the unit's total annual turnover, ensuring that the support is directed towards units with a genuine commitment to innovation.
- Disbursement
- Tranched
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
Submit on the official portal
Use the official application link and verify all details before final submission.
- 3
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Program templates & documents
Files the program publishes for applicants — download these and apply in the prescribed format.
Frequently Asked Questions
What is the primary purpose of the Dedicated R&D Fund?
The fund's primary purpose is to provide financial support to eligible manufacturing units in Maharashtra for their research and development expenditures, encouraging innovation and enhancing industrial competitiveness.
What is the maximum financial assistance available?
Eligible manufacturing units can receive up to ₹30 crore or 50% of their total R&D expenditure, whichever amount is lower.
How is the grant disbursed to the manufacturing units?
The grant amount is disbursed in 10 equal installments, ensuring sustained financial support throughout the R&D project lifecycle.
Are there any minimum investment requirements for R&D?
Yes, manufacturing units must demonstrate a minimum R&D investment threshold of 2% of their total annual turnover to be eligible for this financial support.
What types of entities are considered 'eligible manufacturing units'?
Generally, any legally incorporated manufacturing enterprise operating in Maharashtra, such as Private Limited Companies, LLPs, OPCs, Partnerships, and Proprietorships, would be considered eligible, provided they meet other criteria.
Is this fund specific to any particular industry within manufacturing?
The policy text refers broadly to "manufacturing units," implying it is open to all sectors within the manufacturing industry in Maharashtra.
Do I need to provide matching funds for the R&D expenditure?
Yes, as the fund covers up to 50% of the total R&D expenditure, the manufacturing unit is expected to cover the remaining 50%, effectively requiring co-financing.
Sources
Data on this page is compiled from official program and provider references.
News
- ASSOCHAM MahaChem 2026: Maharashtra to unveil dedicated chemical sector policy by October-end; plans 5,000-acre chemical parks, ₹1,000-crore innovation fundcityairnews.com · last month
Source: Google News aggregated
