The Maharashtra Government has introduced a range of schemes and funding opportunities to support startups and small businesses.
With the Maharashtra Government Schemes, entrepreneurs have access to essential financial assistance, mentorship, and networking opportunities to fuel their growth and innovation.
These initiatives are designed to foster entrepreneurship, job creation, and economic development in various sectors such as AgriTech, renewable energy, and healthcare.
If you are looking for how to raise funds for a startup in India, navigating the maharashtra government schemes list is a vital step toward securing the capital your venture needs.
What are Maharashtra Government Schemes?
Maharashtra Government Schemes are state-backed financial instruments—including grants, equity, and loans—aimed at supporting the startup funding India ecosystem.
These programs are specifically tailored to help businesses registered in Maharashtra scale their operations and achieve market readiness.
Whether you need a maharashtra government loan for business expansion or an equity-based maharashtra startup scheme, the state provides a diverse range of options.
Maharashtra Government Schemes List
Below is a detailed look at the most impactful programs currently available for entrepreneurs in the state.
1. Agri-Sure Fund: Empowering AgriTech Startups in Maharashtra
The Agri-Sure Fund is an initiative designed to empower Agritech startups that focus on innovative solutions in the agriculture sector. This fund provides financial support and mentorship to help startups bridge the gap between their ideas and commercialization.
Eligibility Criteria:
- Maharashtra-based startups in the Agritech sector.
- Startups with a Minimum Viable Product (MVP) or prototype.
- Eligible businesses include Private Limited Companies, LLPs, and Not-for-Profit organizations.
Benefits:
- Up to ₹1 Crore in funding support (equity, debt, or grant based on project evaluation).
- Mentorship and networking opportunities with industry experts.
- Strategic support to scale your operations via agri-business grants.
Are you an Agritech startup in Maharashtra?
2. Startup Agro Fund: Supporting Sustainable Agriculture Ventures
The Startup Agro Fund is another key initiative aimed at supporting for-profit entities promoting sustainable agriculture and agroecological business models.
Eligibility Criteria:
- For-profit entities engaged in sustainable agriculture.
- Operational for at least 2 years.
- Based in focus states including Maharashtra.
- Self-contribution of 30% of the total project cost.
Focus Areas:
- Agroecological production systems and biodiversity enhancement.
- Regenerative and climate-resilient agriculture (similar to the RKVY RAFTAAR scheme).
Benefits:
- Grant funding ranging from ₹20 Lakhs to ₹1 Crore.
- Strategic support to scale agroecological solutions.
Are you developing sustainable agriculture solutions?
3. Venture Fund (MH): Equity Funding for Maharashtra Startups
The Venture Fund (MH) is a collaborative initiative between IDBI Capital, Maharashtra State Innovation Society, and the Department of Skills, Employment, Entrepreneurship, and Innovation.
Eligibility Criteria:
- DPIIT-registered Private Limited Companies.
- Startups operating in priority sectors like healthcare, cybersecurity, and clean energy.
- Early-stage startups with demonstrated growth potential.
Benefits:
- Equity-based investment of up to ₹5 Crore.
- Access to professional MSME growth advisory sessions.
- Networking with venture tech funding experts.
Is your startup ready to scale?
4. Cluster Development Program (CDP): Equity Investments for Scaling
The Cluster Development Program (CDP) is a scheme initiated by SIDBI, in collaboration with Indian VCs. It is designed to support startups within specific industrial clusters with equity-based investments.
Eligibility Criteria:
- Private Limited (preferably) or LLP.
- MVP or early-stage revenue growth.
- Based in Maharashtra or Delhi.
Benefits:
- Equity-based investment from ₹25 Lakhs to ₹50 Crores.
- Support through a startup accelerator scheme model.
- Private equity investment to ensure value creation.
Ready to scale with equity funding?
Documents Required for Maharashtra Government Schemes
To successfully apply for any maharashtra startup scheme, you must ensure your business registration and documentation are in order.
| Document | Details |
|---|---|
| Company Certificate | Incorporation Certificate for Pvt Ltd or LLP. |
| Pitch Deck | Outlining business model, traction, and problem-solution fit. |
| Financial Statements | Audited balance sheets, ITR, and revenue projections. |
| Business Plan | Comprehensive roadmap with a clear growth strategy. |
| DPIIT Recognition | Startup India Recognition Certificate. |
| Compliance | GST registration and MSME certification. |
Is There a Deadline for Applying to Maharashtra Government Schemes?
Most Maharashtra Government Schemes are generally open for applications on a rolling basis. However, certain funds like the Horizon Fund (see Horizon Fund Scheme) or specific grant rounds may have fixed allocation periods. Always check with a specialized startup india registration consultant for the latest updates.
Conclusion: Why Apply for Maharashtra Government Schemes?
Maharashtra is the startup capital of India, and the maharashtra government schemes list reflects that leadership. From equity investments of up to ₹50 Crore in the Cluster Development Program to non-dilutive grants in AgriTech, the state offers a powerful safety net for innovators.
Whether you need a maharashtra government loan for business or expert mentorship, these schemes provide the resources to turn your prototype into a market-leading entity. To learn more about how government grants work or for professional assistance, read the truth about Enego services.