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Startup India Seed Fund Scheme

Seed Fund money in Madhya Pradesh

DPIIT approved Rs 23.0 crore to 6 incubators here, which is 3.0% of the national pot of Rs 755.3 crore. Rs 15.7 crore of it has actually been disbursed.

Approved

Rs 23.0cr

Disbursed

Rs 15.7cr

68% of approved

Incubators

6

Share of the national pot

23

of 755 (3%)

crore approved, against the whole scheme

Rs 15.7 cr disbursed Rs 7.3 cr approved and not yet drawn

The ledger

Every approved incubator in Madhya Pradesh, largest allocation first. Track length is the approved amount against the largest allocation in the state; the filled portion is what has actually been disbursed. An incubator's name is a link only where we hold a published record for it.

Rs 5.0 cr
IITI ADVANCED CENTRE FOR ENTREPRENEURSHIP (ACE) FOUNDATION Indore
Rs 5.0 cr
Rs 5.0 cr
Jabalpur Smart city Incubation Centre Jabalpur
Rs 3.0 cr
Rs 3.0 cr

The register this money sits in

Madhya Pradesh has 16,258 companies on the Startup India register across 98 district labels, of which 7,932 carry DPIIT recognition. That works out at Rs 14,147 of approved Seed Fund money per registered company, though the scheme funds incubators rather than the register at large, and only a small number of companies ever receive any of it.

Startups in Madhya Pradesh

A note on the source's own arithmetic

The scheme reports Rs 17.5 crore as disbursed to startups in Madhya Pradesh, which is more than the Rs 15.7 crore it reports as disbursed to the incubators in the first place. The first and second application blocks overlap in the government's data, so the two figures are not directly comparable. We publish the inconsistency rather than quietly averaging it away, and we treat the approved figure as the reliable one.

Registration is not an operating signal. A large share of registered startups are dormant, and we have no way to tell you which. How we counted.

Seed Fund in other states