The Maharashtra government has launched a powerful new strategy—“Startup, Entrepreneurship, and Innovation Policy 2025”—to build the state into India’s leading startup hub over the next five years. The goal: foster entrepreneurship, innovation, and inclusive growth across the region.
Key Features of the Policy
1. Big Targets for Startups and Entrepreneurs
- 1.25 lakh entrepreneurs to be supported.
- 50,000 startups formally recognized by 2030.
2. Rs 500 Crore “Maha-Fund”
- A dedicated fund to support 25,000 selected early-stage entrepreneurs.
- Entrepreneurs will receive loans of ₹5–10 lakh at just 3% interest, chosen through a three-stage selection process from an applicant pool of five lakh youths (including graduates and ITI pass-outs).
3. Infrastructure: Innovation City & Incubators
- A 300-acre Maharashtra Innovation City near Navi Mumbai Airport to unite startups, corporates, academia, and government. It will include labs, AI sandboxes, co-working zones, and event spaces
- Micro-incubators in ITIs, polytechnics, and colleges.
- Regional Innovation Hubs across all administrative divisions.
4. Financial & Regulatory Support
- Startups may get pilot orders of up to ₹25 lakh from government departments.
- Reimbursements offered for:
- Domestic patents: up to ₹5 lakh.
- International patents: up to ₹20 lakh.
- Product certifications and participation in exhibitions
5. Ease of Doing Business
- Incentives include stamp duty waivers on first property deals (100%) and second deals (50%) for startups and incubators
- 0.5% of the annual budget from each department will go toward innovation and entrepreneurship.
6. Governance and Funding Pipeline
- A governance structure led by the Chief Minister, administered by the Maharashtra State Innovation Society (MSInS)
- A Rs 200 crore venture fund with IDBI Capital for deeptech, agritech, women-led and social startups.
- A ₹100 crore fund with SIDBI using a public-private capital model.
Why This Policy Matters
- Boosts opportunity: Financial aid and incubation make entrepreneurship accessible to youth, women, rural innovators, and tech startups.
- Builds infrastructure: By uniting industry, academia, and government under one ecosystem, the state fosters collaboration and innovation.
- Covers all levels: From idea to market execution, the policy supports startups at each step.
- Encourages innovation-friendly governance: Departments are mandated to fund and promote innovative efforts.
Quick Summary Table
| Feature | What It Offers |
|---|---|
| Entrepreneur Support | ₹5–10L loans @ 3% interest, total ₹500 Cr Maha-Fund |
| Infrastructure | 300-acre Innovation City + micro-incubators and innovation hubs |
| Financial Help | Patent grants, pilot orders, certification, and exhibition aid |
| Ease of Business | Stamp duty waivers and simplified compliance |
| Governance & Capital | MSInS-led administration, ₹200 Cr & ₹100 Cr venture funds |
Final Thoughts
This policy reflects Maharashtra’s aim to become a trillion-dollar economy and a global innovation hub. By combining financial support, infrastructure, and regulatory ease, the state is building a nurturing ecosystem for startups of all types.
If you’d like, I can also add a list of important dates, application details, or an FAQ for entrepreneurs wanting to benefit from this policy.
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Last Updated on: Saturday, September 6, 2025 4:49 pm by BUSINESS SAGA TEAM | Published by: BUSINESS SAGA TEAM on Saturday, September 6, 2025 4:49 pm | News Categories: Business Saga News
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