Capital Investment Subsidy for Establishment of 500 or More Seater Convention Centre as Above cum Hotel under MICE
Madhya Pradesh Tourism Board · Central government
Madhya Pradesh funds 15% of capital investment, up to ₹10 crore, for large convention centres with 500+ seats plus hotels, to boost MICE tourism.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- ₹3,00,00,000 – ₹10,00,00,000
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Reimbursed after spend
About this scheme
The Department of Tourism, Government of Madhya Pradesh operates a capital investment subsidy for setting up convention centres with a seating capacity of 500 or more, along with an attached hotel, under the MICE segment. The scheme exists to expand Meetings, Incentives, Conferences and Exhibitions tourism within the state by supporting the creation of large convention facilities that are integrated with hotel infrastructure.
Financial support takes the form of a 15% subsidy on fixed capital investment, capped at ₹10 crore. Applicants are required to commit a minimum capital expenditure of ₹20 crore, subject to departmental approval.
The Madhya Pradesh Tourism Board administers the scheme, handling applications and disbursement. Its stated purposes include drawing private investment into tourism infrastructure, generating employment, and strengthening the state's standing as a host destination for national and international events.
Who can apply
- Eligible business forms
- Private limited company, Limited liability partnership, Sole proprietorship, Partnership firm
- Udyam registration
- Not specified
- MSME registration
- Not required
- DPIIT startup recognition
- Not required
- GST registration
- Not specified
- Where the business may be based
- Madhya Pradesh
- The applicant must set up a tourism project operating as a "Convention Centre cum Hotel under MICE". - Capital expenditure of at least ₹20,00,00,000/- must be incurred, as approved by the department. - The project must meet the criteria and standards prescribed by the Government of India for convention centres. - The main convention hall must seat 500 persons or more. - The application must be filed within one year of the date of commencement of operation.
How to apply
- **Registration Process:** - Go to the Madhya Pradesh Government's Invest Portal (sws.invest.mp.gov.in) and begin registration by selecting the "Vendor / Investor" category. - Provide the basic details: choose the relevant "Type of Organisation" (such as Public Limited Company, Private Limited, LLP, Proprietorship Firm, Partnership Firm, Cooperative, Trust, FPO, or Individual), then fill in the "Firm/Company Name" and "Authorized Person Name". - Supply a valid email ID and mobile number. The Application Number, User ID, password, and all significant communications will be sent to these. - Submit the basic registration form. A User ID and password will be dispatched to the registered mobile number. - Use the received User ID and password to log in to the portal. Before applying for the scheme, complete the full registration by updating your profile.
- **Application Process:** - Through the online single-window system, apply for and obtain all mandatory permissions within the prescribed time frames. - Finish constructing the project, ensuring the minimum capital expenditure of ₹20 crore is achieved. - Begin commercial operations and collect proof of operation. - File the capital subsidy application online within one year from the date commercial operations commence. Upload every required document, making sure each meets the specified format requirements (for example, JPG for photos). - The Tourism Department/Board will subsequently verify the application and documents, and process the subsidy claim.
How applications are assessed
The Tourism Department/Board assesses each application and its supporting documents against the scheme's eligibility conditions and guidelines. Among the points examined are the capital expenditure already incurred, whether the convention centre meets Government of India standards, and the seating capacity.
Once the verification is found satisfactory, the subsidy claim is taken forward for disbursement.
Frequently asked questions
What is the primary objective of this scheme?
The scheme promotes MICE (Meetings, Incentives, Conferences, and Exhibitions) tourism in Madhya Pradesh by supporting the development of large convention facilities alongside hotels.
What is the maximum subsidy available under this scheme?
Capital investment subsidy under this scheme cannot exceed ₹10,00,00,000 (₹10 crore).
What is the minimum capital expenditure required for eligibility?
To qualify for the subsidy, an applicant must have incurred capital expenditure of at least ₹20,00,00,000 (₹20 crore), as approved by the department.
Are there any conditions regarding the operation of the subsidized unit?
Yes — the unit has to remain in continuous operation for a minimum of three years from the date the subsidy is availed, with an annual self-declaration confirming this. Should it shut down before completing that period, between 50% and 80% of the subsidy becomes refundable.
What types of entities can apply for this scheme?
Eligibility extends to a range of entity types: public and private limited companies, LLPs, proprietorship and partnership firms, cooperatives, trusts, FPOs, and individuals.
How and when should I submit my application?
Register on the Madhya Pradesh Government's Invest Portal, obtain the required permissions, complete construction and begin commercial operations, then file the capital subsidy application online within one year of commencing operations.
Sectors
- Travel Tourism
- Tourism
- Hospitality
- Convention Center
- Mice
- Capital Subsidy
- Madhya Pradesh
- Infrastructure
Details last verified on 18 September 2026. Source: the issuer's published information.