This initiative is designed to bolster the startup ecosystem within the state by providing financial backing to promising ventures. The Department of MSME, recognizing the role of startups in driving innovation and economic development, supports micro, small, and medium enterprises (MSMEs) across the region. This policy aligns with Madhya Pradesh's economic development goals, aiming to position the state as a hub for startup innovation. Under this policy, eligible startups can receive a government top-up amounting to 15% of the investment secured from a SEBI (Securities and Exchange Board of India) or RBI (Reserve Bank of India) recognized institutional investor or angel network. This direct financial assistance is capped at ₹15,00,000 per instance of funding, ensuring targeted support while encouraging private sector participation. The program is structured to provide backing across four distinct funding stages, offering a financial runway with a total potential support reaching up to ₹60,00,000, underscoring the state's commitment to long-term startup success. The financial assistance provided through this investment top-up offers flexibility, allowing startups to utilize the augmented capital for general operational and growth-related expenses. This complements and amplifies the capital raised from private investors, enabling startups to allocate resources efficiently towards product development, market expansion, and talent acquisition. A key aspect of this policy is its inclusivity, particularly through an incentive for women-led startups. These enterprises receive an additional 20% bonus on top of the standard assistance for each funding instance. This provision is aimed at promoting, empowering, and integrating women entrepreneurs into Madhya Pradesh's startup ecosystem, fostering a more diverse and equitable entrepreneurial landscape.