Mukhya Mantri Swavlamban Yojana (MMSY), Himachal Pradesh

Open all year Department of Industries, Government of Himachal Pradesh Himachal Pradesh

Subsidy

25% investment subsidy, 30% for women, on up to ₹40 lakh. Plus 5% interest subsidy for 3 years.

What it funds: Capital and interest subsidy for young Himachali founders starting an enterprise
Who can apply: Bonafide Himachali aged 18 to 45
New manufacturing, service or trade enterprise
Project cost up to ₹60 lakh
Bank loan for the project
When you can apply: Open all year
How to apply: Apply online on the MMSY portal. The District Level Committee approves, then a bank lends.
Best for: Idea, Early revenue stage
Run by: State governments

Emergent Ventures IndiaAmount set per project Open all year
Export Promotion Mission: Interest Subvention on Export Credit2.75% interest subvention, up to ₹50 lakh a year Open all year
Export Promotion Mission: TRACE Testing and Certification ReimbursementUp to 95% of costs for micro and small firms. 80% for medium firms. Up to ₹50 lakh a year. Open all year
FID Innovative Project FundingAmount set per project Open all year
GAIL Pankh Start-up Investment RoundEquity investment. GAIL stake kept below 20%. No cap published. Opens 1 Nov 2026
GitHub for Startups$10,000 in GitHub credits for 12 months Open all year