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Maharashtra Govt’s New Scheme: ₹500 Cr MahaFund for Startups

The Maharashtra government has unveiled its Startup Policy 2025, with a bold move to launch the ₹500 crore Chief Minister MahaFund. This new policy aims to empower 1.25 lakh entrepreneurs and support 50,000 startups over the next five years. Whether you're a student, MSME, or early-stage founder, this government funding scheme for startups in Maharashtra could be your launchpad.

What Is Maharashtra’s Startup Policy 2025?

The Maharashtra government has rolled out the Startup Policy 2025 to create a strong, supportive ecosystem for entrepreneurs, students, and small businesses. This policy aims to boost innovation, generate employment, and make Maharashtra a national leader in the startup space. It brings new opportunities under the Chief Minister MahaFund scheme, specially created to support early-stage founders.

Key Targets: 1.25 Lakh Entrepreneurs, 50,000 Startups

The state has set a clear vision: support 1.25 lakh new entrepreneurs and create an environment where 50,000 startups can grow and thrive by 2030. Whether you are just starting out or scaling, this policy ensures that help is available at every stage of your startup funding journey.

What Is the Chief Minister MahaFund?

The star feature of the policy is the ₹500 Cr Chief Minister MahaFund for startups and MSMEs. Here's what you need to know:

  • Funding between ₹5-10 lakh per startup
  • Open for youth, women, ITI graduates, and rural entrepreneurs
  • Low interest rate loans with government support

This is a major step toward government funding for startups and MSMEs that need a push to begin or scale their ventures.

Maharashtra Innovation City: Where and What’s Coming?

A 300-acre Innovation City near Navi Mumbai will become a startup hub, hosting AI labs, FinTech centers, co-working spaces, and global startup exchanges. This will be a hotspot for startup growth stories and R&D.

How Students, Women & Rural Youth Will Benefit

Special focus is on:

  • Women-led startups
  • Rural youth and ITI/politechnic students
  • Transgender and differently-abled entrepreneurs

With training, incubation, and funding, these groups will have stronger access to startup policy benefits in India.

Financial and Technical Support for Startups

Support includes:

  • ₹5 lakh for Indian patents; ₹20 lakh for international
  • ₹2-5 lakh for exhibitions (domestic/international)
  • Government-backed pilot projects through Startup Week

These tools help turn pre-seed and seed funding in India into scalable, long-term businesses.

Who Will Implement the Policy? (MSInSand Departments)

The Maharashtra State Innovation Society (MSInS) will oversee implementation. Departments will allocate 0.5% of their budgets to innovation. A governing body led by the Chief Minister of Maharashtra will guide the process, as per the latest Maharashtra government news.

Other Major Initiatives Under the Policy

Other highlights include:

  • Digital mentorship platforms
  • Startup registration portals with unique IDs
  • International exposure and investor connect
  • CSR-supported social impact accelerators

These make it easier to turn stories of founders raising capital into real-world success.

What This Means for Founders and India’s Startup Ecosystem

This policy creates a complete support system for Indian founders. It doesn’t just offer money it creates mentorship, infrastructure, exposure, and opportunities. It aims to multiply startup success stories in India over the next five years.

How StartupFlora Helps Startups & MSMEs Access the CM MahaFund

At StartupFlora, we specialize in helping startups and MSMEs secure funding under government schemes like the Chief Minister MahaFund for startups and MSMEs. From preparing documents to pitching to government panels, we support you through every step. We turn your idea into a live project backed by funding.

Join the funding stories for startups that made it, with StartupFlora by your side.

FAQ

Q1. What are the benefits of the Maharashtra Startup Policy 2025?
A: The policy supports startups with funding, mentorship, incubation, patent subsidies, exhibition support, and infrastructure. Its aim is to create 50,000 startups and empower 1.25 lakh entrepreneurs across Maharashtra.

Q2. What is the Chief Minister MahaFund for startups?
A: The Chief Minister MahaFund is a ₹500 crore government scheme that offers startup loans between ₹5–10 lakh to eligible founders, especially youth, women, and rural entrepreneurs. It’s a major initiative to boost early-stage businesses.

Q3. Who can apply for the Startup Loan under MahaFund 2025?
A: Graduates, ITI and polytechnic students, women entrepreneurs, and rural youth in Maharashtra can apply for the Startup Loan Maharashtra 2025 under the MahaFund scheme.

Q4. How does this policy help India’s startup ecosystem?
A: It adds to the startup policy benefits in India by making government funding more accessible, encouraging innovation at the grassroots level, and offering structured support from idea to execution.

Q5. How can I apply for the MahaFund startup loan?
A: Eligible applicants can register through the official government portal (to be launched soon) or take help from advisory platforms like StartupFlora, which offer end-to-end support in documentation, mentoring, and application filing.