Madhya Pradesh Wants Youth to Fulfil Dreams, Let’s Start Up
Are you aged 18–25? Do you want to work on your ideas that will prepare you for success and wellbeing? Do terms like passion, professional growth, personal growth, entrepreneurship and creativity trigger your mind every day?
Then, what are you waiting for? Let’s just Start Up.
A new breed of entrepreneurs in Madhya Pradesh have wildly mushroomed, showing how ideas can be incubated anywhere with the help of technology. Right from e-commerce, utility services, organic farming, ready to eat meals, city transportation, fresh veggies, laundry services, these startups have brought everything to people’s doorsteps. A majority of 600+ startups in Madhya Pradesh have emerged.
Top startups in Madhya Pradesh are Wittyfeed (internet media company), Bag2Bag (online hotels), RackBank (datacenter), MaalGaadi (intra-city transportation), My Sanika (cancer care society), Oye24 (online food delivery), TukTuk (autorickshaw) and many others.
Chief Minister Shivraj Singh Chouhan said that Madhya Pradesh will be made a hub of start-up companies with the assistance of young entrepreneurs. Government will promote innovative ideas and efforts through venture capital fund.
MORE POWER TO YOUNG PEOPLE BY THE GOVERNMENT
- Mukhyamantri Yuva Swarozgar Yojana
Mukhyamantri Yuva Swarozgar Yojana (MMYSY), started on August 1, 2014 is a financial assistance scheme help people get loans from banks to setup their own small business. The main objective of the scheme is to promote entrepreneurship in Madhya Pradesh without the need for collateral security.
- Mukhyamantri Yuva Udyami Yojana
Mukhyamantri Yuva Udyami Yojana, launched on August 1, 2014 in Madhya Pradesh, the scheme is aimed to provide financial support to all categories of people for setting up manufacturing or service industry.
- Centre for Entrepreneurship Development Madhya Pradesh
The centre widely known as CEDMAP has achieved enormous success in the field of entrepreneurship development activities for upliftment of society in the state of Madhya Pradesh (MP) and Chhattisgarh (CG).
MP Incubation and Start Up Policy
The Madhya Pradesh government has launched a policy to provide an operational fund support up to Rs 5 lakh to incubation centers to meet their recurring expenses.
- Madhya Pradesh government has created a Rs 100 crore venture fund for budding entrepreneurs with innovative ideas for setting up industries. Check https://mpmsme.gov.in/website/startup for further details
- To know how to startup in India, check https://www.startupindia.gov.in/
- To register for a startup in India, log in to https://startupindia.gov.in/registration.php
- Read about successful startups in Madhya Pradesh at https://startupsuccessstories.in/category/indian-startups/startups-in-madhya-pradesh/
