Punyashlok Ahilyadevi Holkar Women Startup Scheme
by Maharashtra State Innovation Society (MSInS)
The Punyashlok Ahilyadevi Holkar Women Startup Scheme is a flagship initiative by the Maharashtra State Innovation Society aimed at empowering women-led startups across the state of Maharashtra. The scheme provides early to growth-stage financial assistance to innovative startups founded and led by women entrepreneurs. Through direct grant support, the program seeks to strengthen inclusive entrepreneurship, promote innovation-led businesses, and help women founders scale their ventures
About this scheme
The Punyashlok Ahilyadevi Holkar Women Startup Scheme is a flagship initiative by the Maharashtra State Innovation Society aimed at empowering women-led startups across the state of Maharashtra.
The scheme provides early to growth-stage financial assistance to innovative startups founded and led by women entrepreneurs. Through direct grant support, the program seeks to strengthen inclusive entrepreneurship, promote innovation-led businesses, and help women founders scale their ventures sustainably.
By supporting eligible startups with non-dilutive funding, the scheme enables founders to strengthen product development, expand operations, and move their ideas to the next stage of growth while contributing to Maharashtra's innovation ecosystem.
Who can apply
- The startup must be DPIIT-recognized and registered in the state of Maharashtra
- Women founders must hold more than 51% equity stake in the company
- The startup must have been operational for more than one year
- The startup should have been registered with MCA before 20th November 2024
- The annual revenue of the startup must be between INR 10 lakhs and INR 1 crore
- The women-led startup must not have availed any other financial grant from the Government of Maharashtra
- The startup should demonstrate innovation and potential for scalable growth
Ready to apply? Get the official link
Applications are submitted directly with Maharashtra State Innovation Society (MSInS), in your own name. Share a few details and we will point you to the official application portal and help you prepare a complete submission.
Here is the official application link
Apply in your own name with Maharashtra State Innovation Society (MSInS). Want a second pair of eyes before you submit? An IncorpX advisor can help you prepare.
Open the official applicationFrequently asked questions
How much funding does Punyashlok Ahilyadevi Holkar Women Startup Scheme provide?
Punyashlok Ahilyadevi Holkar Women Startup Scheme provides rs. 1 lakh to Rs. 25 lakh. The exact amount sanctioned depends on the proposal and the evaluation by the program authority.
Is Punyashlok Ahilyadevi Holkar Women Startup Scheme currently accepting applications?
Closed on Feb 15, 2026. Always confirm the current window with the program authority before preparing your application.
Does Punyashlok Ahilyadevi Holkar Women Startup Scheme take equity?
No. This program is listed as equity-free, which means the funding does not dilute your shareholding. Review the official terms for any debt or convertible components.
IncorpX is a private platform operated by a private company. It is not a government department, agency or official portal, and it is not affiliated with, endorsed by, or acting on behalf of any government body or of any organisation, incubator, accelerator, investor or partner listed in this directory. All program names, logos and trademarks are the property of their respective owners and are used for identification only.
This directory is compiled from publicly available official sources and is provided for general information only. It does not constitute legal, financial, tax or professional advice. Funding amounts, eligibility criteria, required documents, deadlines and availability are determined by each program authority and change with every cycle, so the details shown here may be incomplete or out of date. Always confirm the current terms on the official program source before you apply or take any decision.
IncorpX charges no fee for the information in this directory and does not collect, process, lodge or submit any application on your behalf. Applications are made by you, in your own name, directly with the respective program authority. IncorpX provides assistance only for application preparation and for related registrations such as company incorporation, DPIIT recognition, MSME (Udyam) and GST. Eligibility, approval, disbursement and selection rest solely with the respective program authority, and IncorpX makes no representation or guarantee as to any outcome.
Closing soon
View allPerks & credits
View allZoho Partner Benefits
Free Zoho Account + Exclusive Discounts
Open AI for Startups
$2,500–$5,000+ in API Credits
Claude API credits
