– Monthly assistance of up to 10 thousand rupees will be available for 12 months

Bhopal, 24 September (Read News). Chetanya Kumar Kashyap, Minister of Micro, Small and Medium Enterprises of Madhya Pradesh, has appealed to apply to provide incentives from Startups to Rs 10,000 monthly from startups under the Madhya Pradesh Startup Policy and Implementation Scheme. DPIIT recognized startups are eligible to take advantage of this scheme.

Minister Kashyap said in a statement on Wednesday that the Madhya Pradesh Startup Policy and Implementation Scheme has been implemented from 2025 February under the leadership of Chief Minister Dr. Mohan Yadav. The purpose of this scheme that encourages innovation is to help and encourage it. The Entrepreneur in Residence Assistance Program has been implemented under the scheme. Its purpose is to encourage students and professionals to adopt entrepreneurship as a career option. Under the scheme, after 24 February 2025, the assistance amount of up to Rs 10,000 per month will be available to DPIIT -recognized startups for a maximum of 12 months. This benefit can be taken in a period of 2 years from the date of recognition of the recognition of the startup.

MSME Minister Kashyap described this scheme as an incentive to the youth for the inspiration of economic support and innovation. Industry Commissioner Dilip Kumar said that the eligible startups are being contacted through Madhya Pradesh Startup Center and publicity is being done in all the districts. To take advantage of the scheme, startups will have to login online by logging on to startup.mp.gov.in. In addition to the above assistance in the policy, various incentives like lease rental assistance, employment generation assistance, help on investment and electricity tariff are included. Currently 6000 recognized startups of DPIIT are working in Madhya Pradesh.

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