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Startup India Seed Fund Scheme

Seed Fund money in Maharashtra

DPIIT approved Rs 90.0 crore to 21 incubators here, which is 11.9% of the national pot of Rs 755.3 crore. Rs 56.2 crore of it has actually been disbursed.

Approved

Rs 90.0cr

Disbursed

Rs 56.2cr

62% of approved

Incubators

21

Share of the national pot

90

of 755 (12%)

crore approved, against the whole scheme

Rs 56.2 cr disbursed Rs 33.8 cr approved and not yet drawn

The ledger

Every approved incubator in Maharashtra, 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.

Science and Technology Park Pune
Rs 10.0 cr
IIMN Foundation for Entrepreneurship Development (InFED) Nagpur
Rs 10.0 cr
COEP'S BHAU INSTITUTE OF INNOVATION ENTREPRENEURSHIP AND LEADERSHIP Pune
Rs 7.0 cr
AIC-NMIMS Incubation Centre Mumbai
Rs 5.0 cr
Sardar Patel Technology Business Incubator Mumbai Suburban
Rs 5.0 cr
Entrepreneurship Development Center (Venture Center) Pune
Rs 5.0 cr
BIL-Ryerson Technology Startup Incubator Foundation (BRTSIF) Mumbai
Rs 5.0 cr
JITO Incubation & Innovation Foundation Mumbai Suburban
Rs 4.0 cr
AIC IISER PUNE SEED FOUNDATION (AIC-SEED) Pune
Rs 4.0 cr
Rs 4.0 cr
SPPU Research Park Foundation Pune
Rs 3.0 cr
Research Innovation Incubation Design Laboratory Foundation (Riidl) Mumbai
Rs 3.0 cr
Veermata Jijabai Technological Institute – Technology Business Incubator Mumbai
Rs 3.0 cr
Ideas to Impacts Hub Pune
Rs 3.0 cr
MIT Technology Business Incubator Pune
Rs 3.0 cr
MOTION Centre of Entrepreneurship (CoE) Pune
Rs 3.0 cr
SANDIP TBI Nashik
Rs 2.0 cr
KBCNMU Centre for Innovation, Incubation and Linkages Jalgaon
Rs 1.0 cr

The register this money sits in

Maharashtra has 74,439 companies on the Startup India register across 134 district labels, of which 40,110 carry DPIIT recognition. That works out at Rs 12,090 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 Maharashtra

A note on the source's own arithmetic

The scheme reports Rs 63.5 crore as disbursed to startups in Maharashtra, which is more than the Rs 56.2 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