Madhya Pradesh State Innovation Challenge

About this scheme

The Madhya Pradesh State Innovation Challenge serves as a critical funding opportunity designed to propel startups that are developing innovative products and solutions to address high-impact, state-priority problems. This initiative is spearheaded by the Department of MSME, Government of Madhya Pradesh, a key governmental body committed to stimulating industrial growth, nurturing micro, small, and medium enterprises, and fostering an entrepreneurial ecosystem throughout the state. The department's mandate includes creating a supportive framework for businesses to innovate, scale, and contribute significantly to regional economic development, making it an authoritative provider for such a challenge. Their commitment extends to identifying and backing groundbreaking solutions that can bring about transformative change across various sectors vital to the state's progress, such as sustainable agriculture, public health, education technology, and smart governance.

Eligible startups can secure a significant grant of up to Rs. 1,00,00,000 (Rs. 1 Crore). This substantial financial assistance is structured for maximum impact and accountability, being disbursed not as a single payment but in distinct phases. Each subsequent phase of funding is intrinsically tied to the successful achievement of pre-defined milestones. This phased approach ensures that funded projects maintain continuous progress, demonstrate verifiable outcomes, and remain aligned with their proposed objectives, thereby optimizing the return on investment for the state and providing structured support for the startups.

The grant funding is specifically designated to facilitate the deployment, scaling, and thorough field validation of the selected innovative solutions directly within the geographical confines of Madhya Pradesh. This targeted approach guarantees that the investments directly translate into tangible benefits for the state by addressing its specific challenges and contributing to its strategic developmental priorities. The program aims to accelerate the transition of promising prototypes into impactful, scalable realities that align with the strategic developmental priorities of the Government of Madhya Pradesh, ultimately enhancing public service delivery, economic competitiveness, and quality of life for its citizens.

Who can apply

• Startups must be recognized by DPIIT.
• The startup's idea or product should address a high-impact problem identified by the Government of Madhya Pradesh.
• A working prototype or Proof of Concept (PoC) is strongly preferred for applicants.
• While open to startups both within and outside Madhya Pradesh, the proposed solution must be deployed within Madhya Pradesh.

Eligible entity types: Private Limited, LLP, Partnership

Benefits & funding

• 1 Crore, disbursed in phases contingent on milestone achievement.
• Supports deployment, scaling, and field validation of high-impact solutions within Madhya Pradesh, accelerating prototypes into impactful, scalable realities.

Frequently asked questions