MSInS Seed Fund Scheme
The Maharashtra State Innovation Society (MSInS) Equity Funding Scheme supports innovative and high-growth startups by providing equity investment of up to ₹5 Crore. The programme helps startups accelerate product development, expand into new markets, strengthen operations, and achieve long-term business growth while partnering with the Government of Maharashtra.
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₹5 Crore
Max Seed Funding
MSInS
Implementing Body
Pitch-Based
Final Selection Round
Maharashtra
Eligible Region
What is the MSInS Seed Fund Scheme?
The MSInS Seed Fund Scheme is an initiative by the Maharashtra State Innovation Society (MSInS), under the Government of Maharashtra, aimed at catalyzing innovation and supporting the growth of early-stage startups in the state. The scheme offers funding of up to ₹10 lakh to eligible startups, intended for use across product development, market validation, business development, and team building, helping founders convert promising ideas into scalable ventures.
Key Benefits
Equity Investment
Up to ₹5 Crore
Receive substantial growth capital through a Government-backed equity investment.
Business Scaling
High Growth
Expand operations, launch new products, and enter new markets with institutional funding.
Government Support
Strategic Partnership
Gain credibility and long-term support through investment from the Government of Maharashtra.
Investor Readiness
Future Fundraising
Strengthen your business for future funding from venture capitalists and institutional investors.
Who Can Apply?
Check whether your business qualifies before starting the application process.
Legally Recognized Entity (or Registered as a Company Within 3 Months of Incubation)
Eligibility requirement for application approval.
Startup Operating in or Incubated Within Maharashtra
Eligibility requirement for application approval.
Innovative Product, Service, or Business Model
Eligibility requirement for application approval.
Startup in Idea, Prototype, or Early Growth Stage
Eligibility requirement for application approval.
Willingness to Undergo Expert Evaluation and Pitch Presentation
Eligibility requirement for application approval.
Compliance with MSInS-Prescribed Eligibility Norms
Eligibility requirement for application approval.
Not Sure About Your Eligibility?
Our experts will review your profile and suggest the best government schemes based on your business stage and industry.
📞 Free Eligibility AssessmentApplication Process
We handle everything from eligibility assessment to final approval.
Eligibility Assessment
Evaluate whether your startup meets the investment and eligibility requirements.
Document Preparation
Prepare the pitch deck, business plan, financial statements, projections, and due diligence documents.
Application Submission
Submit the application along with the required documents under the MSInS investment programme.
Evaluation & Due Diligence
Present the startup before the evaluation committee and undergo technical, commercial, financial, and legal due diligence.
Investment Approval
Upon successful evaluation, the investment terms are finalized, equity agreements are executed, and funds are released.
Required Documents
Certificate of Incorporation (Or Proof of Registration Timeline)
PAN Card of the Company
Founders' PAN & Aadhaar
Business Plan
Pitch Deck
Product/Service Details
Financial Projections
Bank Account Details
Proof of Incubation (If Applicable)
GST Registration (If Applicable)
Why Choose LegalNova?
Expert Guidance
High Approval Rate
Fast Processing
End-to-End Support
Quick Benefits
- Up to ₹5 Crore Funding
- Expert Evaluation
- Pitch-Based Selection
Ready to Apply?
Get professional assistance from Legal Nova and maximize your chances of approval.