Maharashtra Package Scheme of Incentives (PSI) 2019
Government of Maharashtra
Maharashtra refunds SGST, subsidises interest, and waives stamp duty for new manufacturing MSMEs.
- Deadline
- Rolling
Central government · Mumbai, Maharashtra
Maharashtra's Startup Policy funds startups via seed funding and incubation infrastructure across the state.
The Government of Maharashtra administers a state-level startup ecosystem through its Maharashtra State Innovation and Startup Policy. This framework supports entrepreneurship via seed funding, mentorship, incubation, and regulatory simplification. The Directorate of Industries acts as the nodal agency, coordinating with institutions across the state to deliver programmes for founders at different stages of growth.
Mumbai, India's financial capital, and Pune's technology corridor anchor the state's startup activity. The government offers financial assistance for prototyping, marketing, and intellectual property filing. It has also formed partnerships with academic institutions and private incubators to extend support beyond metropolitan areas into emerging startup hubs.
Startups registered in Maharashtra, spanning fintech, healthtech, agritech, and manufacturing, are eligible. Programmes cater to first-time founders, women entrepreneurs, and social enterprises seeking non-dilutive funding and incubation support.
Government of Maharashtra
Maharashtra refunds SGST, subsidises interest, and waives stamp duty for new manufacturing MSMEs.
Details last verified on 18 April 2026. Source: the issuer's published information.