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What is MP Startup Policy 2022?

MP Special20213M#Mains2021#quick-fact#mppsc-mains-en

MP Startup Policy & Implementation Scheme 2022:

  • Launch: Launched by PM Narendra Modi in May 2022 alongside dedicated MP Startup Portal and incubation support.
  • Incentives: Up to ₹15 lakh seed funding, 15% lease rent subsidy, assistance for patents filing, and procurement preference in government tenders.
  • Special Provision: Extra financial incentives for women-led startups (20% additional grant).

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