Government of Madhya Pradesh
Department of Micro, Small & Medium Enterprises
(Directorate of Industries, M.P.)

Recent Initiatives for Startups/Entrepreneurs in Madhya Pradesh:

Area Parameter Details Reference
Startup Policy 1. Notifying a startup policy MP Incubation and Startup Policy 2016’ has been notified on 01/10/2016 Govt. Order
Simplification and Handholding

2. Ease of registration as a Startup

3. Ease of recognition as a Startup

4. Ease of compliances under various laws

5. Facilitation for setting up of incubators

6. Dedicated Startup Cell/Helpline

7. Dedicated Portal/Mobile Application

• MP Incubation & Startup Policy 2016’ has been formulated with the clear mission to align itself with the ‘Startup India’ flagship initiative of the Government of India.

• Therefore in order to simplify and unified the process of registration &recognition as Startup,  a Startup can get it registered and recognized as ‘Startup’ which shall also be  considered under the purview of ‘MP Incubation & Startup Policy 2016’

• MP Incubation & Startup Policy 2016 has provisioned to offer incentives in addition to the incentives provided by Govt. of India. Therefore Startups shall be allowed to self-certify compliance with labour and environment laws as provisioned in ‘Startup India Action Plan’

• For facilitation to setup Incubators & Startups, a dedicated ‘Startup-Incubator’ cell has been established in ‘Directorate of Industries’, Bhopal.

Nodal Officer: Shri V. C. Dubey
Address: Room no-410, 4th Floor, Directorate of Industries, VindhyachalBhavan, Bhopal
Email: sicell.msme@mp.gov.in, ic-mp@nic.in
Dedicated Helpline no: 0755-2677961

• As one stop information portal for Startups/Incubators to understand all initiatives/programs is available on Department of MSME, Govt. of MP website.

 

 

Startup Registration/recognition

 

 

Startup Action Plan (Refer Page 6)

 

DO Letter

 

 

 

MSME Website

Funding support 8. Initiatives to increase access to funds for Startups and formulating a credit guarantee scheme

Access Fund:

• Govt. of MP has established Madhya Pradesh MSME Fund with mandate to manage venture capital fund in the state of Madhya Pradesh. With the Initial target size of   100 Cr fund, this MP MSME fund shall be investing in the equity of startups, SMEs with emerging potential.

• In this regards in FY 15-16, Govt. of MP has made budget provision of INR 20 Cr.

• GoMP has also mandated to establish a dedicated company ‘MP Venture Finance Limited’ to provide access to venture capital funds to startups in MP. Which has also been given In-principle approval from SEBI.

Credit Guarantee Scheme:

• Objective: To provide credit guarantee facility through banks and provision of Interest subsidy etc. to support young business startups/entrepreneurs in MP.

• MukhyamantriYuvaUdhamiYojana: Recently on 09/06/2016,Dept. of MSME, GoMP has increased the interest subsidy limit for women entrepreneurs at 6% for 7 years within this scheme.

• MukhyamantriSwarojgarYojana: In order further strengthen the fiscal support to entrepreneurs, on 29/08/2016 Dept. of MSME, GoMP has increased the min financial support limit.
    Previous limit : from 20,000 to 10lakhs
    Extended limit: from 50,000 to 10 lakhs

 

Govt. Order

 

Govt. Order

 

 

SEBI Approval Letter

 

 

 

 

Govt. Order

 

 

Govt Order

Industry-Academia partnership 9. Partnerships with Industry & Educational institutes to set up incubators and support for vocational training institutes

Partnership with United Nations Development Programs (UNDP):

• Govt. of MP & United Nations Development Programs (UNDP) has signed a memorandum to cooperate in implementation of a program “Building an institutional structure to provide marketing support and capacity building for Entrepreneurs under the “MukhyamantriYuvaUdyamiYojna” in Madhya Pradesh through providing relevant, context specific training and hand-holding support to 5000 entrepreneurs to build their capabilities in relevant areas of entrepreneurship development.
 Further this programme has been collaborated with IIM Indore to design and conduct focused training modules for entrepreneurs.  

 Leather Incubation Centre, Dewas:

• A dedicated incubator centre is being established in Dewas, MP which shall be equipped with the plug and play facilitates, training and skill development programs.  A sum of INR 90.20 Lakhs from Govt. of India while a sum of INR 44.80 Lakhs have been sanctioned for this project.

 MP AKVN Incubation Centre, Indore:

• In order to provide Incubation facility to Micro, small and medium scale entrepreneurs, 35 seats on plug & play basis have been reserved for them in Crystal IT Park, Indore.

 

Detailed UNDP Project Report
Fest/Events 10. Organizing Startup Fests/Events

CII-YI Dream Startup Challenge 2016-17

MSME Convention 2016

Swarojgar Sammelan 2016 Bhopal

 
Support for Intellectual Property 11.Intellectual Property (IP) Support Centres

1. Patent Information Center (MPCOST)

Contact Person & Details:

Dr. N.K. Choubey

Senior Principal Scientist and In-charge of Patent Information Center

Contact Number: 0755-2671605, Fax: 0755-2671600

E-Mail: dpicmpcst97@gmail.com, nkchoubey@mpcost.nic.in

2. Devi Ahilya Vishwavidyalaya

Contact Person & Details:

Devi Ahilya Vishwavidyalaya, RNT Marg, Indore

Dr. Archana Ranka

Associate Professor

Contact Number: 9893043140

E-Mail: archanaranka9@gmail.com

3. Indian Institute Of Science Education And Research, Bhopal (IISERB)

Contact Person & Details:

Intellectual Property Right and Incubation Center (IPRIC)

Dr. Vineet K Sharma

Co-coordinator, Intellectual Property Rights and Incubation Cell

Contact Number: 8120254321

E-Mail: vineetks@iiserb.ac.in

4. Indian Institute of Technology Indore

Contact Person & Details:

Reasearch & Developement section

Kumar Gaurav

Administrative Officer (R&D)

Contact Number: 8128997227

E-Mail: aornd@iiti.a.cin

5. Maulana Azad National Institute of Technology, Bhopal

Contact Person & Details:

MANIT Rolta Incubation Centre(MRIC)

Dr. Vinita Mohindra

Professor

Contact Number: 9425008518, 0755-4051492

E-Mail: vinitamohindra@gmail@com

6. Doctor Harisingh Gour Vishwavidyalaya, Sagar

Contact Person & Details:

Prof. S. K. Jain

Head of The Department

Contact Number: 9425172184, 07582-264796

E-Mail: vcsagaruniversity@gmail.com, rptmzu@rediffmail.com

7. SPACE ENTREPRENEURSHIP CENTRE

Contact Person & Details:

S.PACE Bhopal (Patent Registration, Trademark, Copyrights)

Dhananjay Kothari

CFO & Chartered Accountant

Contact Number: 9893575952

E-Mail: dhananjay.kothari@gmail.com

Patent Info Letter

MPCOST Letter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dr.HariSingh Gour Letter

Support for Innovation 12.Innovation Society

Madhya Pradesh Council of. Science and Technology (MPCOST)

Contact Person & Details:

Dr. Navin Chandra

Director General,Madhya Pradesh Council of. Science and Technology, Vigyan Bhawan, Bhopal

Contact Number: 0755-2671800, Fax: 0755-2671600

E-Mail: dg@mpcost.nic.in

MPCOST Letter
Support for Mentorship 13. Mentor Network

1. Indian Institute of Management, Indore(IIM)

2. Indian Institute of Forest Management, Bhopal(IIFM)

3. Indian Institute of Technology, Indore(IIT)

4. ABV-Indian Institute of Information Technology & Management, Gwalior

5. Indian Institute of Science Education and Research, Bhopal (IISERB)

6. Devi Ahilya Vishwavidyalaya, Indore

7. JNKVV JABALPUR

8. Maulana Azad National Institute of Technology, Bhopal

9. Madhav Institute of technology & Science , Gwalior

10. Rajiv Gandhi Proudyogiki Vishwavidyalaya, Bhopal

11. Swan Angel Network , Indore

12. SRIJAN, MPAKVN INDORE, Indore

13. AIC - Aartech Solonics Pvt Ltd, Raisen

14. VASPL Initiatives Pvt Ltd, Bhopal

15. Doctor Harisingh Gour Vishwavidyalaya, Sagar

List of Mentorship

JNKVV Letter

MANIT Letter

Harisingh_Gour Letter

Facilitation for Incubation 14. Incubation Network

1. Indian Institute of Management, Indore(IIM)

2. Indian Institute of Forest Management, Bhopal(IIFM)

3. Indian Institute of Technology, Indore(IIT)

4. ABV-Indian Institute of Information Technology & Management, Gwalior

5. Indian Institute Of Science Education And Research, Bhopal (IISERB)

6. Devi Ahilya Vishwavidyalaya, Indore

7. JNKVV JABALPUR

8. Maulana Azad National Institute of Technology, Bhopal

9. Startup space, Bhopal

10. Swan Angel Network, Indore

11. MPAKVN INDORE LTD, Indore

12. AIC - Aartech Solonics Pvt Ltd, Indore

13. VASPL Initiatives Pvt Ltd, Bhopal

14. SPACE ENTREPRENEURSHIP CENTRE, Bhopal

15. Madhya Pradseh Laghu Udyog Nigam, Dewas

16. M.P. State Bamboo Mission, Satna

List of Incubation Facility Center

MPAKVN Letter

Aartech Letter

 

VASPL Letter

SPACE Letter

MPLUN Letter

Bamboo Mission Letter

 

Partnership Support 15. Partnership for assistance like Professional Services, Corporate Social Responsibility (CSR) funds, Software/Hardware Tools and Other lab equipment, Knowledge exchange, Technology Transfer, Market linkages etc.

1. Confederation of Indian Industry, Madhya Pradesh(CII)

2. Indian Institute of Management, Indore

3. Indian Institute of Technology, Indore

4. Indian Institute of Forest Management, Bhopal

5. ABV-Indian Institute of Information Technology & Management, Gwalior

6. Indian Institute Of Science Education And Research, Bhopal (IISERB)

7. Devi Ahilya Vishwavidyalaya, Indore

8. JNKVV JABALPUR

9. Maulana Azad National Institute of Technology, Bhopal

10. Madhav Institute of technology & Science , Gwalior

11. Rajiv Gandhi Proudyogiki Vishwavidyalaya, Bhopal

12. Startup space, Bhopal

13. Swan Angel Network, Indore

14. SRIJAN

15. AIC - Aartech Solonics Pvt Ltd, Indore

16. VASPL Initiatives Pvt Ltd, Bhopal

17. Doctor Harisingh Gour Vishwavidyalaya, Sagar

18. SPACE ENTREPRENEURSHIP CENTRE, Bhopal

List of Partnership

CII Letter

Support for Entrepreneur 16. Entrepreneurship Development Cell

1. Indian Institute of Management, Indore(IIM)

2. Indian Institute of Forest Management, Bhopal(IIFM)

3. Indian Institute of Technology, Indore(IIT)

4. ABV-Indian Institute of Information Technology & Management, Gwalior

5. Devi Ahilya Vishwavidyalaya, Indore

6. Indian Institute Of Science Education And Research, Bhopal (IISERB)

7. Maulana Azad National Institute of Technology, Bhopal

8. Madhav Institute of technology & Science , Gwalior

9. Rajiv Gandhi Proudyogiki Vishwavidyalaya , Bhopal

10. Doctor Harisingh Gour Vishwavidyalaya, Sagar

11. SPACE ENTREPRENEURSHIP CENTRE, Bhopal

List of Entrepreneurship Development Cell