What is the primary objective of this scheme?

The scheme aims to promote MICE (Meetings, Incentives, Conferences, and Exhibitions) tourism by encouraging the creation of large-scale convention infrastructure combined with hotels in Madhya Pradesh.

What is the maximum subsidy available under this scheme?

The maximum capital investment subsidy is capped at ₹10,00,00,000/- (₹10 crore).

What is the minimum capital expenditure required for eligibility?

Applicants must incur a minimum capital expenditure of ₹20,00,00,000/- (₹20 crore), as approved by the department, to be eligible for the subsidy.

Are there any conditions regarding the operation of the subsidized unit?

Yes, the unit must operate continuously for at least three years from the date of availing the subsidy. A self-declaration regarding continuous operation must be submitted annually. If the unit closes prematurely, a portion of the subsidy (50-80%) must be refunded.

What types of entities can apply for this scheme?

The scheme is open to various organization types including Public Limited Company, Private Limited, LLP, Proprietorship Firm, Partnership Firm, Cooperative, Trust, FPO, and Individuals.

How and when should I submit my application?

The application process involves online registration on the Madhya Pradesh Government's Invest Portal, securing mandatory permissions, completing construction and commencement of commercial operations, and then submitting the capital subsidy application online within one year from the date of commencement of operation.

Capital Investment Subsidy for Establishment of 500 or More Seater Convention Centre as Above cum Hotel under MICE – Up to ₹10 Cr

क्या मैं यह ग्रांट जीत सकता/सकती हूँ — और क्यों?

आपके स्टार्टअप की प्रोफ़ाइल के आधार पर पांच-आयामी विश्लेषण — इस ग्रांट में आप कहाँ जीतते हैं और कहाँ पीछे रह जाते हैं, ताकि आवेदन करने से पहले आपको पता हो।

आवेदन प्रक्रिया

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Register on Invest Portal
Applicant registers as a 'Vendor / Investor' on the Madhya Pradesh Government's Invest Portal, providing basic entity and contact information.
आप
2
3
4

आवेदन कैसे करें

ड्राफ़्ट से वितरण तक चार चरण — हर चरण में एक कार्रवाई।

1
आधिकारिक पोर्टल पर जमा करें
आधिकारिक आवेदन लिंक का उपयोग करें और अंतिम रूप से जमा करने से पहले सभी विवरण सत्यापित करें।
2
फ़ॉलो अप करें
जमा करने के 5–7 दिन बाद प्राप्ति की पुष्टि और समीक्षा समयरेखा के बारे में पूछने के लिए संपर्क करें।

The "Capital Investment Subsidy for Establishment of 500 or More Seater Convention Centre as Above cum Hotel under MICE" scheme, launched by the Department of Tourism, Government of Madhya Pradesh, aims to significantly boost MICE (Meetings, Incentives, Conferences, and Exhibitions) tourism in the state. This initiative is designed to encourage and support the development of high-quality, large-scale convention infrastructure seamlessly integrated with hotel facilities. By offering substantial financial incentives, the scheme seeks to attract private investment into critical tourism infrastructure, enhancing Madhya Pradesh's appeal as a premier destination for national and international events. The program provides a capital investment subsidy of 15% on the fixed capital investment, with a maximum ceiling of ₹10 crore. To qualify, applicants must undertake a minimum capital expenditure of ₹20 crore, as approved by the department. The scheme is efficiently implemented by the Madhya Pradesh Tourism Board, ensuring streamlined application and disbursement processes. This strategic subsidy is vital for fostering economic growth, creating employment opportunities, and elevating the state's position in the global tourism landscape.

Beneficiaries of this scheme receive a significant capital subsidy of 15% on their fixed capital investment for establishing a MICE Convention Centre cum Hotel. The maximum subsidy amount is capped at ₹10,00,00,000/- (₹10 crore), providing substantial financial support for large-scale projects. This subsidy aims to offset a considerable portion of the initial investment, making such ambitious tourism infrastructure projects more viable. Furthermore, the scheme outlines clear conditions for continuous operation, with provisions for partial repayment of the subsidy if the unit ceases operations within three years, ensuring accountability and long-term commitment to the state's tourism goals.

Capital Investment Subsidy for Establishment of 500 or More Seater Convention Centre as Above cum Hotel under MICE

Capital Investment Subsidy for Establishment of 500 or More Seater Convention Centre as Above cum Hotel under MICE

Subsidy providers

क्या मैं यह ग्रांट जीत सकता/सकती हूँ — और क्यों?

आवेदन प्रक्रिया

आवेदन कैसे करें

Grants closing soon

Competitions closing soon

Equity closing soon

Debt programs

Subsidies

अक्सर पूछे जाने वाले प्रश्न

इस सब्सिडी के बारे में

पात्रता

समयसीमा और प्रक्रिया

लाभ और फंडिंग

Grants closing soon

Competitions closing soon

Equity closing soon

Debt programs

Subsidies

स्टार्टअप सॉफ़्टवेयर क्रेडिट्स

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