MAGIC Seed Fund Support Scheme
By Marathwada Accelerator for Growth & Incubation Council (MAGIC)
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Quick Answer
Seed fund for Maharashtra startups from PoC to commercialization.
- Funding amount
- Varies
- Funding type
- Grant
- Application deadline
- —
- Location
- Maharashtra
Results & next round
Applications for this round are closed. The organiser has not published a selection list that we can verify yet.
Selections for this programme are announced by Marathwada Accelerator for Growth & Incubation Council (MAGIC). Official links are listed under Sources below.
We update this page when results are published, and when the next round opens.
About this grant
The MAGIC Seed Fund Support Scheme is an early-stage financial assistance initiative offered by the Marathwada Accelerator for Growth & Incubation Council (MAGIC), with support from the Maharashtra State Innovation Society. The scheme is designed to strengthen the startup ecosystem in Maharashtra by enabling innovators and early-stage ventures to move from concept validation to commercialization.
The program provides structured seed funding support to startups across critical innovation milestones including proof of concept validation, prototype development, product trials, market entry, and commercialization activities. By addressing the capital gap at the early stages of venture development, the scheme helps founders de-risk their innovation journey and accelerate product readiness for market deployment.
Through this initiative, startups gain access to institutional backing and ecosystem support that enhances credibility and growth potential. The scheme is positioned to catalyze breakthrough ideas into scalable, impact-driven ventures by ensuring that financial constraints do not hinder early experimentation and validation. It aims to promote entrepreneurship, foster innovation-led economic growth, and encourage the development of high-potential startups within Maharashtra.
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
Provider
Marathwada Accelerator for Growth & Incubation Council (MAGIC)Chhatrapati Sambhajinagar · Maharashtra · India
MAGIC — Marathwada Accelerator for Growth & Incubation Council — is a sector-agnostic startup incubator and SME accelerator in Chhatrapati Sambhajinagar (Aurangabad), Maharashtra. It was established in 2018 and is promoted by the Chamber of Marathwada Industries & Agriculture…
Learn moreBenefits & Funding
- Fund type
- Grant
What You Get
Structured seed funding for proof of concept, prototype development, product trials, market entry, and commercialization activities. Provides institutional backing and ecosystem support, enhancing credibility and growth potential, de-risking innovation, and accelerating product readiness.
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.
Sources
Data on this page is compiled from official program and provider references.
