Department of MSME, Government of Madhya Pradesh
Government of Madhya Pradesh
MP's nodal state department driving MSME growth and startup policy across Madhya Pradesh.
Programs by Department of MSME, Government of Madhya Pradesh
6 open now · 1 past
Patent Assistance
Reimbursement of patent filing costs up to ₹5 lakh for DPIIT-recognized MP startups.
Madhya Pradesh Startup Policy 2022: Investment-Linked Assistance
Government top-up for SEBI/RBI-recognized investments, up to ₹15 Lakh per instance, with women-led bonus.
- Eligibility criteria have been established to ensure the program targets innovative and compliant ventures:
- This ensures adherence to national startup definitions
- This requirement focuses on fostering local economic development and employment within the state
Madhya Pradesh Startup Policy 2022: Margin Money & Interest Subsidy Scheme
Provides margin money and interest subsidy for DPIIT-recognized startups in Madhya Pradesh.
- - The startup must be officially registered and operating within the geographical boundaries of Madhya Pradesh
- Documentary proof of such ownership will be necessary during the application process
Madhya Pradesh Startup Policy 2022: Sustenance Allowance for Startups
Monthly sustenance allowance of ₹10,000 for DPIIT-recognized startups in Madhya Pradesh.
- - The startup must hold a valid DPIIT recognition
- - Applicants must be registered in Madhya Pradesh and possess a valid MP GST registration
- - The startup must demonstrate active development of its product or service
Madhya Pradesh Startup Policy 2022: Lease Rental Assistance
Reimbursement of 50% lease rental for DPIIT-recognized startups in MP, up to 3 years.
- - **Madhya Pradesh Registration**: The startup must be formally registered and based in Madhya Pradesh
- This criterion ensures that the program directly benefits the state's local economy and entrepreneurial ecosystem
- This reinforces the state-centric nature of the support
MP Industrial Promotion Policy (2025) — Incentives
MP: 15%–40% capital subsidy + interest subsidy + electricity duty exemption for MSMEs in backward areas
- New and expanding manufacturing units (MSME / large / mega) in Madhya Pradesh
- Priority sectors: electronics, EV, food processing, textiles, pharma, defence
Madhya Pradesh State Innovation Challenge
Grant up to ₹1 Crore for DPIIT-recognized startups deploying high-impact solutions in Madhya Pradesh.
- Startups must be recognized by DPIIT
- The startup's idea or product should address a high-impact problem identified by the Government of Madhya Pradesh
- A working prototype or Proof of Concept (PoC) is strongly preferred for applicants
About Department of MSME, Government of Madhya Pradesh
Department of MSME, Government of Madhya Pradesh
The Department of MSME, Government of Madhya Pradesh is the state's nodal government body for the Madhya Pradesh Startup Policy 2022, operating via mpmsme.gov.in and startup.mp.gov.in. It provides financial assistance, infrastructure, and facilitation services to entrepreneurs and startups, with a special focus on tier-2 cities, tribal regions, and women-led enterprises.
MP Startup Policy 2022
A comprehensive state startup policy offering:
- Sustenance allowance: ₹10,000/month for 1 year
- Margin money assistance: Up to ₹12 lakh
- Interest subsidy: Up to 5–6% for 7 years
- Lease rental assistance: ₹5,000/month for 3 years
- Patent assistance: Up to ₹5 lakh
- Employment generation support: ₹5,000/employee/month for up to 25 employees
Mukhyamantri Udyam Kranti Yojana (MMUKY)
Launched April 2022: Collateral-free business loans of ₹1–50 lakh (manufacturing) and ₹1–25 lakh (services/trading) with a 3% per annum interest subsidy for youth aged 18–40.
State Innovation Challenge
Special grants up to ₹1 crore for selected startups solving high-impact socio-economic problems of the state, evaluated by a committee chaired by the Chief Secretary.
Incubator Support
Capital grants (up to ₹1 crore for new incubators), operational assistance (up to ₹10 lakh/year for 3 years), and special grants for Livelihood Business Incubators in tribal districts (up to ₹1 crore).
Track Record
Over 5,000 startups have been registered under the MP Startup Policy, generating 50,000+ employment opportunities.
Who Should Apply
DPIIT-recognised startups with MP-based GST registration, women entrepreneurs, SC/ST/OBC founders, youth self-employment seekers, and established MSMEs seeking expansion support — across manufacturing, agritech, food processing, IT, healthcare, and renewable energy.
Get in touch
Send a message to Department of MSME, Government of Madhya Pradesh — we'll forward it on your behalf.
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