Bhopal: Madhya Pradesh Chief Minister Dr. Mohan Yadav will distribute financial assistance worth over ₹490 crore to 950 Micro, Small and Medium Enterprises (MSMEs) and approximately ₹1.50 crore to more than 100 startups through a single-click transfer on Sunday, November 1, 2026.
The programme will be organised at the Chief Minister’s residence in Bhopal as part of an entrepreneurship conference. During the event, the Chief Minister will also hand over land allotment intent letters to entrepreneurs and distribute loan cheques to beneficiaries of the Mukhyamantri Udyam Kranti Yojana.
The programme will be chaired by Madhya Pradesh Micro, Small and Medium Enterprises Minister Chaitanya Kumar Kashyap.
₹490 Crore Incentives for 950 MSME Units
According to Minister Chaitanya Kumar Kashyap, the 950 MSME units receiving incentives have collectively invested more than ₹7,000 crore and are providing direct and indirect employment to over 17,000 people.
Under the Madhya Pradesh MSME Development Policy, more than 950 MSME units from different districts of the state will receive grants exceeding ₹490 crore through a single-click distribution system.
The financial assistance is intended to encourage industrial investment, support existing businesses and promote employment generation across the state.
Over 100 Startups to Receive ₹1.50 Crore Assistance
Under the Madhya Pradesh Startup Policy 2025, more than 100 startups will receive financial assistance of approximately ₹1.50 crore. The assistance will be approved and distributed through a single-click system.
Other key activities planned during the programme include:
- Land allotment: Five entrepreneurs will receive intent letters for land allotment.
- Business loans: Four entrepreneurs will receive loan cheques under the Mukhyamantri Udyam Kranti Yojana.
- Entrepreneur interaction: The Chief Minister will interact with representatives of four industry associations, entrepreneurs and startup founders.
- Beneficiary experiences: Some entrepreneurs and startup beneficiaries will share their experiences and discuss the support received from the state government.
Madhya Pradesh Strengthens MSME and Startup Ecosystem
Minister Kashyap said the state government has taken several steps to strengthen the MSME sector and create a supportive startup ecosystem.
The department is providing industrial land to MSMEs at concessional rates through a transparent online allotment process. Eligible established industries are also receiving investment incentives through a centralised system, with grants transferred directly through a single-click mechanism.
The Mukhyamantri Udyam Kranti Yojana provides aspiring entrepreneurs who lack sufficient capital with access to bank loans without collateral at concessional interest rates.
The state government is also encouraging innovation and supporting startups at different stages of their development to strengthen the overall startup ecosystem.
₹2,385 Crore Incentives Distributed Under Investment-Friendly Policies
The state government has introduced new investment-friendly policies to accelerate industrialisation and encourage business growth in Madhya Pradesh.
According to the MSME Minister, the government has focused on ensuring the timely distribution of incentives to MSME units. During the financial year 2025-26, grants worth ₹1,300 crore were distributed.
For the financial year 2026-27, the total grant distribution is expected to reach ₹1,085 crore, including the assistance scheduled to be distributed at the November 1 programme.
The government stated that a total of ₹2,385 crore in incentives has been distributed across these two financial years, reflecting its efforts to support industrial development and investment in the state.
Madhya Pradesh Has 2,081 Government-Recognised Startups
Madhya Pradesh has received recognition from the Government of India for 2,081 startups, according to Minister Kashyap.
During the financial year 2026-27, a total of 1,302 startups have been registered in the state.
The government is continuing to promote entrepreneurship through financial assistance, business support, access to industrial land and initiatives aimed at improving the startup ecosystem.
The November 1 entrepreneurship conference will provide financial assistance and other facilities to MSMEs and startups, reinforcing the state’s focus on investment, innovation, employment generation and business development.
