Madhya Pradesh Startup Policy and Implementation Scheme, 2022 (Amended February 2024)
Operative Period – The policy is valid for a period of 5 years from 2022 until replaced by another policy.
Objectives – Development of Start-up ecosystem through positive interventions and other catalytic programs; to achieve 100% growth rate in start-ups registered and recognized in Startup India, Government of India; to achieve 200% growth rate in
start-ups in Agriculture and Food Sector registered and recognized with Startup India, Government of India; increase in the number of product-based start-ups
Assistance upto 15% upto INR 15 lakhs per startup to SEBI /RBI recognized financial institutions funding
Startups in Madhya Pradesh. Additional 20 % assistance to women entrepreneurs.
Lease Rental Assistance of 50% up to INR. 5000/-per month for 3 years.
Fixed electricity tariff of INR 5 per unit for 3 years from COD.
Electricity Duty Exemption for 3 years from COD
Employment Generation Assistance upto INR 5000 /month per employee for 3 years up to 25 employees. Assistance available upto 5 years from COD
Assistance upto INR 5 lakh on patent development
Training cost reimbursement of INR 13000/year per new employee for 3 years up to a maximum of 25 employees.
View/Download Full Policy
Madhya Pradesh Startup Policy and Implementation Scheme, 2022 [English]
Relevant Notifications/Amendments/Orders/Circulars
| Sno | Notifications/Amendments/Orders/Circulars | Date | Download |
| 1. | Startup Policy 2022 – Amendment 2 | 01/06/2023 | Download |
| 2. | Startup Policy 2022 Amendment 1 | 05/08/2022 | Download |
| 3. | Clarification on Madhya Pradesh Startup Policy and Implementation Scheme, 2022 | 25/07/2022 | Download |