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Startup Incubation Hub to Boost MSME Growth in MP

1 min read
Startup Incubation Hub to Boost MSME Growth in MPSaralnama

Madhya Pradesh will establish a mega incubation center to promote startups. The state now has over 6,000 startups, with 47% run by women. MP created an online portal and helpline for startups, offering financial aid and information on government schemes. The state also provides ₹10,000 monthly funding for new startups under the EIR program. In the past three years, MSME manufacturing units in MP have grown to 426,230, with 67,332 units registered in 2022-23 alone. Satellite centers will be set up across the state to support this growth. (Updated 23 Oct 2025, 04:32 IST; source: link)

Key Points

  • Madhya Pradesh will establish a mega incubation center to promote startups
  • The state now has over 6,000 startups, with 47% run by women
  • MP created an online portal and helpline for startups, offering financial aid and information on government schemes