Maharashtra Innovation and Technological Development Fund

maharashtra state innovation society

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Details

Amount

Upto: ₹10 crore

Provider

maharashtra state innovation society

Type

grant

Stage

early Stage

About this Opportunity

The Maharashtra Innovation and Technological Development Fund is a government initiative designed to create ecosystem for innovation and technological advancement within the state of Maharashtra. It aims to provide financial support and resources to startups, entrepreneurs, and researchers who are developing technologies and solutions that address critical societal and industrial challenges. It aims to invest in early stage Maharashtra incorporated startups and MSMEs with innovative and scalable business models, focusing on the development or improvement of products, processes, or services.

Eligibility

The Fund invests only in companies incorporated in Maharashtra under The Companies Act, 2013, with operations domiciled in Maharashtra. Eligible applicants must meet the criteria of startup as per the Startup India initiative and focus on impact-driven solutions in sectors like agriculture, healthcare, waste management, etc.