MADHYA PRADESH MSME DEVELOPMENT POLICY 2025
Dear-Businessman/Investors,
In Series of KIP: Business and Subsidy Update, today we are going to share with you an informative series i.e., “Patent/ IPR & Energy Audit incentives” under MADHYA PRADESH MSME DEVELOPMENT POLICY 2025.
Objective:
The MP MSME Development Policy 2025 aims to empower micro, small, and medium enterprises by enhancing access to finance, technology, infrastructure, and markets. It focuses on generating employment, promoting balanced regional growth, simplifying regulatory processes, improving competitiveness, and encouraging sustainability through green practices. The policy is designed to make Madhya Pradesh a dynamic hub for inclusive industrial development.
Quantum of Assistance:
The MADHYA PRADESH MSME Development Policy 2025 provides Patent/ IPR & Energy Audit incentives to support new and expanding enterprises. The quantum is assistance is as under:
1) Patents/IPR Reimbursement: Reimbursement of 100% of expenditure incurred for patent/IPR registration to MSME units during the effective period of the policy, subject to a maximum of 10 lakh/patent. The entity will be eligible for reimbursement for more than one patent but the assistance for each patent will not exceed 10 lakh.
2) Financial Assistance for Energy Audit : To promote energy efficiencies in MSME units investing up to a maximum of 10 crores in plant and machinery, Enterprises get reimburse 50% of the cost of conducting energy audit, subject to a maximum of 50,000 and 25% of the cost maximum 5 Lakhs for adoption of equipment and machinery, during the effective policy period.
Eligible Entities:
Under this scheme incentives can avail by an entity/organisation such as Proprietary, Partnership, Pvt. Ltd. Company, Public Ltd., LLP (Limited Liability Partnership) and Co-operative society etc.
Fixed Capital Investment:
Fixed Capital Investment” refer to investment in plant & machinery and building.
Commencement and Applicability:
This policy shall come into effect on 24 th February, 2025 and will remain in force until amended or replaced by a new policy as determined by the Government of Madhya Pradesh.
Reach Us
Call Us : 8683898080
E-mail Us : sales@kipfinancial.com
KIP Financial Consultancy Pvt. Ltd.
DSB – 38, Red Square Market, Hisar – 125001 (HR)
Leave a Comment