Startup Grants & Funding for Textiles & Leather Startups

Investment subsidy for new and expanding textile MSMEs and large units in Andhra Pradesh, with special incentives for women and marginalized founders.

Surge offers up to $5M in seed capital, full-stack support, and access to a global network for audacious early-stage founders.

Provides a 40% subsidy on total project costs, up to ₹30 crore, for entities setting up Mini Textile Complexes in Maharashtra.

EU deep-tech scaleup funding: grant up to ₹26.25 crore plus up to ₹105 crore optional equity. Non-EU startups eligible by relocating to the EU.

Capital subsidy of 25% to 40% of eligible machinery cost, capped between ₹10 crore and ₹25 crore, for spinning mills and power loom units in Maharashtra.

Credit guarantee cover up to Rs 20 crore that lets banks, NBFCs and AIFs lend to DPIIT-recognised startups without collateral. You receive a loan and repay it. CGSS is not a grant.

Government of Madhya Pradesh scheme giving loans up to ₹2 crore, margin money assistance and interest subsidies to young residents setting up new industries.

Bihar reimburses textile and leather units up to 10% interest (12% for micro and small) for 5 years, capped at ₹20 crore.

An accelerator VC that gives seed funding and hands-on support to early-stage startups in India, from idea stage to angel stage, across sectors.

A Central Government scheme offering financial assistance through debt/convertible instruments or equity investment to promote entrepreneurship among Scheduled Caste entrepreneurs in manufacturing, services, and allied sectors.

The Goa Land/Built-Up Area Rebate Scheme provides a one-time rebate for IT units in Goa to purchase land for office space (up to ₹1.5 crore) or built-up office space (up to ₹1 crore).

A power tariff subsidy under the Gujarat Textile Policy to reduce electricity costs for eligible labour-intensive industrial units in Gujarat, offering ₹1/unit with a cap of ₹15 crore/year.

Eligible Rajasthan enterprises recover 50% of the cost of environmental projects, up to INR 12.5 crore, under the RIPS 2024 green incentives.

Tiered financial assistance of INR 2 crore to INR 10 crore for youth-led companies in Uttar Pradesh that open 50 to 500 retail chain outlets, with an extra subsidy for outlets abroad.

Rajasthan reimburses 50% of an eligible enterprise's environmental project cost, up to INR 12.5 crore.

Repayable credit from NSIC for MSMEs to buy indigenous and imported raw materials, paid directly to suppliers, up to ₹20 crore at group level.

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%.

Eligible textile enterprises in West Bengal can receive a power subsidy of up to ₹2 crore per annum for 5 years on electricity consumption to reduce operational costs and boost growth.

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.

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

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.