Maharashtra Startup Grants & Funding
India's financial and entertainment hub — Mumbai and Pune lead in fintech, media-tech, and AI.
About Maharashtra Startup Grants
The Maharashtra state government supports startups through 13 active funding schemes covering seed grants, incubation support, marketing assistance, and tax benefits. Most schemes are open to startups registered in Maharashtra that are DPIIT-recognised or eligible for recognition. Below are all currently active programmes.
Maharashtra Innovation and Technological Development Fund (MITDF)
SEBI-registered Category I venture capital fund investing equity in early-stage Maharashtra startups and MSMEs, managed by IDBI Capital.
Maharashtra Incubator Support Grant
Grant of up to INR 5 crore over five years for shortlisted incubators in Maharashtra; startups benefit indirectly through incubator services.
TVARAN 3.0 - Maharashtra Tech Accelerator Project (T-MAP)
Accelerator for tech-led waste and water solutions working with urban local bodies in Maharashtra, part of Cisco's 40 communities initiative, with a shared pilot fund.
SINE Titanium (IIT Bombay deep-tech pre-incubation)
18-month programme to commercialise IIT Bombay faculty and researcher IP, with co-founder matching, incubation at SINE and early-stage capital.
Maharashtra Startup Week Government Work Orders
Each year 50 startups are chosen to receive direct government work orders to pilot innovations in departments.
Maharashtra Policy 2025: IPR Support for Startups
Reimburses costs of granted patents, designs, trademarks and copyrights for DPIIT-recognised startups in Maharashtra.
Maharashtra CM's Mega Fund for Entrepreneurship and Innovation (Maha-Fund)
Funding track under the Maharashtra Startup, Entrepreneurship and Innovation Policy 2025 offering loans via financial institutions plus training to selected youth entrepreneurs.
Maharashtra Ignition Grant (MIG)
Policy scheme to screen youth entrepreneurs through institutions and give selected ones technical support, mentoring and loan assistance, backed by a INR 500 crore corpus.
Maharashtra Policy 2025: Quality Testing and Certification Support
Reimburses testing and certification cost done at NABL, BIS or other government-recognised labs.
Maharashtra Policy 2025: Exhibition Support
One-time reimbursement of stall rental for notified national or international exhibitions.
SIDBI Seed Fund at SINE
Scale-up funding for startups incubated at SINE IIT Bombay. The page says applications are closed.
DST NIDHI Seed Support System at SINE
Seed support for prototype or MVP-stage startups through SINE IIT Bombay. The page states applications are closed.
Maharashtra Grand Challenge (Fisheries edition)
Innovation-in-governance challenge by MSInS; the current edition with the Fisheries Department seeks solutions for fish-pond automation, with a prize and a follow-on pilot grant.