All schemes
Grant Maharashtra Skill Development

Maharashtra Startup Policy

Up to Rs. 25 lakh grant + procurement preference

Maximum benefit
₹25 L
Typical processing
60-120 days from application to grant
Apply on official portal

About this scheme

Maharashtra State Innovation Society administers the Maharashtra Startup Policy. Provides seed funding, procurement preference in government tenders, incubation support, and stamp duty exemption for startups recognised by the policy.

What you get

  • Seed grant up to Rs. 25 lakh
  • Grand Challenge winners get up to Rs. 50 lakh
  • Procurement preference in MH government tenders
  • Stamp duty exemption on incorporation + leases
  • Free incubation at MSInS-empanelled incubators
  • Direct CM-level visibility for breakout startups

Who qualifies

DPIIT-recognised startups headquartered in Maharashtra. Incorporated as Pvt Ltd / LLP / OPC. Less than 7 years old. Working on technology/innovation/scalable business model.

Industries (NIC divisions)
PublishingIT / softwareResearch & developmentOther professional
Business types
Private LimitedLLPsOne Person Companies
States
MH

How to apply

  1. 1Get DPIIT recognition via Startup India
  2. 2Register on msins.in
  3. 3Submit MH operations proof (lease, employee count)
  4. 4Apply for relevant grants/challenges
  5. 5Pitch to MSInS evaluation committee
  6. 6Quarterly review + milestone-based disbursement

Key terms and conditions

  • Grant in 3 tranches based on milestones
  • Annual progress and audit
  • 3-year MH HQ commitment
  • Equity-free funding (grants only)

What disqualifies you

  • Startups outside MH excluded
  • Non-DPIIT recognised excluded
  • Service-only without innovation excluded

Documents typically required

  • DPIIT recognition
  • Incorporation < 7 years
  • MH-based operations

The content above is compiled from public information published by the scheme authority. Eligibility, benefits, and procedures are subject to change. Confirm details directly with the official portal before applying. BharatSeal does not process scheme applications.