Madhya Pradesh MSME Grant: Rs 490 Cr to 950 Units

Avinash Mishra
By
Avinash Mishra
Avinash Mishra, Business Correspondent at StartupFeed
Business Correspondent
Avinash Mishra is a Business Correspondent at StartupFeed, covering quarterly earnings, banking and payments in India. He reports results from the country's largest listed companies alongside...
- Business Correspondent
The November 1, 2026, grant announcement also covers assistance for more than 100 startups under Madhya Pradesh Startup Policy 2025.

Published: November 1, 2026

StartupFeed Quick Take

  • Over Rs 490 crore reaches more than 950 Madhya Pradesh MSME units on November 1, 2026.
  • More than 100 startups get about Rs 1.5 crore under the Madhya Pradesh Startup Policy 2025.
  • The 950 units have invested over Rs 7,000 crore and support more than 17,000 jobs.

Madhya Pradesh will give more than Rs 490 crore to over 950 MSME units in Bhopal on November 1, 2026.

The money is a grant under the Madhya Pradesh MSME Development Policy. One click sends it out. It is the state’s biggest yet.

More than 100 startups will share about Rs 1.5 crore the same day. That grant comes under the Madhya Pradesh Startup Policy 2025.

MSME Minister Chaitanya Kumar Kashyap said the 950 units have invested over Rs 7,000 crore between them. They support more than 17,000 direct and indirect jobs.

Five entrepreneurs will get land allotment intent letters at the event. Four others will get loan cheques under the Mukhyamantri Udyam Kranti Yojana, a state loan scheme for new founders.

Madhya Pradesh paid Rs 1,300 crore in such grants in 2025-26. For 2026-27 the total is set to reach Rs 1,085 crore, including this round.

Madhya Pradesh now counts 2,081 startups recognised by the Government of India. It added 1,302 in 2026-27.

Madhya Pradesh MSME transfers in 2025-26

Each round below used a single-click transfer under the Madhya Pradesh MSME Development Policy. The November 1 round is the largest on both counts.

DateAmountMSME units
October 13, 2025Rs 197 crore700
March 30, 2026Rs 169.57 crore257
June 14, 2026Rs 360 crore900
November 1, 2026Rs 490 crore950

What this means for you: If you run an MSME or a startup in Madhya Pradesh with a claim pending under the 2025 policies, your payout may land this week. Check your application status on the state MSME portal and confirm your bank details are current.

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Avinash Mishra, Business Correspondent at StartupFeed
Business Correspondent
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Avinash Mishra is a Business Correspondent at StartupFeed, covering quarterly earnings, banking and payments in India. He reports results from the country's largest listed companies alongside UPI and MDR economics, RBI regulation, and capital flows into spacetech, defence manufacturing and semiconductors. He joined StartupFeed's editorial team in 2026 and writes a regular markets brief for founders and operators tracking the public-market side of India's economy
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