Maharashtra MSME Revival Fund: Consultancy
By Directorate of Industries, Government of Maharashtra
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Quick Answer
A dedicated fund covering consultancy fees for revival planning, along with working capital support and interest subvention for sick or closed MSME units in Maharashtra.
- Funding amount
- Varies
- Funding type
- Subsidy
- Application deadline
- Rolling
- Location
- Maharashtra
- Registrations needed
- Udyam registration
About this subsidy
The 'Consultancy Fees Coverage for Revival Planning' is a key incentive under the broader Maharashtra Industries Investment and Services Policy 2025. This vital program is specifically designed to provide a lifeline to Micro, Small, and Medium Enterprises (MSMEs) in Maharashtra that are facing significant challenges, including those categorized as 'sick' or 'closed'. At its core, the initiative establishes a dedicated MSME Revival and Rehabilitation Fund, demonstrating the state government's commitment to fostering a resilient industrial ecosystem. This fund offers multi-faceted support to help distressed units not only survive but also strategically plan for a sustainable turnaround. By covering critical expenses such as consultancy fees for revival planning, it enables MSMEs to access expert guidance without an upfront financial burden. Beyond this, the program extends crucial financial assistance including working capital support to maintain operations, the deferment of loan repayments to alleviate immediate financial pressure, and interest subvention to reduce borrowing costs. This holistic approach ensures that MSMEs have the necessary resources and breathing room to implement effective recovery strategies, safeguard employment, and contribute to Maharashtra's economic stability and growth.
Eligibility
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Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Subsidy providers
Benefits & Funding
What You Get
The dedicated MSME Revival and Rehabilitation Fund under this policy offers a robust package of financial support. Beneficiaries will receive coverage for consultancy fees incurred for comprehensive revival planning, allowing them to engage experts for strategic guidance without additional financial strain. This is crucial for developing robust turnaround strategies. Furthermore, the fund provides essential working capital support, ensuring that sick or closed units have the liquidity needed to resume or sustain their operations during the recovery phase. To ease the financial burden, the program also facilitates deferment of existing loan repayments, offering a critical moratorium. Additionally, interest subvention is provided, which reduces the effective interest rate on existing or new loans, making debt more manageable. These combined benefits aim to significantly alleviate financial distress and empower MSMEs towards sustainable revival.
- Disbursement
- Reimbursement
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
The selection process for the MSME Revival and Rehabilitation Fund typically involves a thorough review of the submitted applications by a dedicated committee. This committee, comprising officials from the Department of Industries and possibly financial experts, will assess the eligibility of the MSME unit (i.e., its 'sick' or 'closed' status) and critically evaluate the viability and potential impact of the proposed revival plan. Key factors considered include the financial health of the unit, the feasibility of the consultancy-led turnaround strategy, and the overall economic contribution and employment generation potential post-revival. Additional due diligence may be conducted, and shortlisted applicants might be invited for further discussions or presentations to clarify aspects of their revival strategy and financial needs.
Application Process
- 1
Apply Online
Submit your application through the MAITRI portal for schemes under the Maharashtra Industries Investment and Services Policy 2025.
You - 2
- 3
How to apply
Four steps from draft to disbursement — one action each.
- 1
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 2
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 3
Submit on the official portal
Use the official application link and verify all details before final submission.
- 4
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Program templates & documents
Files the program publishes for applicants — download these and apply in the prescribed format.
Frequently Asked Questions
Who is eligible for this program?
This program is exclusively for Micro, Small, and Medium Enterprises (MSME) units that are classified as 'sick' or 'closed' and are located within the state of Maharashtra. The primary goal is to support businesses facing severe operational and financial distress towards recovery.
What specific types of financial support does the program offer?
The program provides comprehensive financial assistance, including direct coverage of consultancy fees for the development of a revival plan, crucial working capital support to stabilize operations, deferment of existing loan repayments to reduce immediate financial pressure, and interest subvention to lower the cost of borrowing for the MSME unit.
Is the working capital support provided as a loan or a grant?
While the program offers a mix of benefits, the coverage for consultancy fees and interest subvention are non-repayable forms of support (grants/subsidies). The nature of working capital support (grant or loan) may depend on specific terms within the broader policy, but the core benefits are designed to alleviate financial burdens without adding to the debt.
How do MSME units apply for this support, and what documents are needed?
Applications are typically submitted online via the MAITRI portal, which is the official platform for schemes under the Maharashtra Industries Investment and Services Policy 2025. Applicants will need to provide documentation proving their 'sick' or 'closed' status, a detailed revival plan, financial statements, and existing loan details, along with incorporation documents.
What is the typical duration of the support provided under this fund?
The policy document focuses on the types of support rather than a fixed duration for each benefit. The support, particularly for consultancy fees and working capital, is provided to facilitate the revival planning and initial implementation, with loan deferments and interest subvention active for periods specified in the individual agreements.
Are there any specific industry restrictions for eligible MSMEs?
No specific industry restrictions are mentioned. The program is open to all MSME units across various sectors in Maharashtra that meet the 'sick' or 'closed' criteria, emphasizing broad support for industrial revival across the state.
Sources
Data on this page is compiled from official program and provider references.
News
- 6,576 MSMEs identified for revival; Chief Secy orders time-bound actiongreaterkashmir.com · last month
Source: Google News aggregated
