MP Investment Assistance Grant
Madhya Pradesh’s startup policy reimburses a published percentage of external institutional investment received by state startups, as a matching-style grant.
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Madhya Pradesh’s Startup Policy publishes investment assistance of 15% of funds received from SEBI/RBI-recognised financial institutions, capped at ₹15 lakh per investment stage for up to four stages (higher percentages/caps for women/SC/ST founders in the amended booklet). It is a matching-style government grant contingent on raising external capital, not an open ideation cheque. Founders should claim via startup.mp.gov.in after confirming current circulars; the state’s larger AIF seed corpus is out of scope here because it is not a fixed per-startup founder ticket.
It is a matching-style government grant contingent on raising external capital, not an open ideation cheque.
Notes
Ticket researched: assistance at 15% of investment received from SEBI/RBI-recognised FI, maximum ₹15 lakh per stage for up to four stages (MP Startup Policy 2022 amended booklet). Women/SC/ST higher %/caps also published.
Investment criteria
MP startups that have received qualifying institutional investment; claim via state startup policy process.
Data confidence: Verified – MP Startup Policy PDF
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