Meghalaya Industrial and Investment Promotion Policy 2024 (MIIPP 2024) — State Capital Investment Incentive is a grant from Commerce & Industries Department / Meghalaya Investment Promotion Authority, Government of Meghalaya for new manufacturing units with at least ₹1 crore of plant and machinery (service units ₹50 lakh. It provides Up to ₹10 Cr. The current deadline is 31 March 2027.
Key facts
| Amount / benefit | Up to ₹10 Cr |
|---|---|
| Provider | Commerce & Industries Department / Meghalaya Investment Promotion Authority, Government of Meghalaya |
| Where | Meghalaya |
| Stage | Early Revenue, Growth, Scale |
| Deadline | 31 March 2027 |
What is Meghalaya Industrial and Investment Promotion Policy 2024?
Meghalaya Industrial and Investment Promotion Policy 2024 (MIIPP 2024) — State Capital Investment Incentive — 30% of plant and machinery cost (manufacturing) or building and durable assets (services), up to ₹10 crore for priority-sector MSMEs or ₹8 crore for others — New manufacturing units with at least ₹1 crore of plant and machinery (service units ₹50 lakh; micro units ₹50 lakh) in Meghalaya that register on the Unified Investment Portal before the cut-off. It is run by Commerce & Industries Department / Meghalaya Investment Promotion Authority, Government of Meghalaya.
This is equity funding — the investor (often through a fund) takes a stake in your company in exchange for capital, rather than lending or granting money. You give up some ownership; you don’t repay it like a loan. The amount and form of support that actually apply to you depend on the programme’s rules and how your application is assessed — they are not fixed for every applicant.
Like most government programmes, it has its own eligibility conditions, documentation and application window, and these terms are revised from time to time. Because of that, it is worth confirming the current eligibility, amount and deadline on the official programme page before you invest time in applying.
Who is eligible for Meghalaya Industrial and Investment Promotion Policy 2024?
New manufacturing units with at least ₹1 crore of plant and machinery (service units ₹50 lakh; micro units ₹50 lakh) in Meghalaya that register on the Unified Investment Portal before the cut-off. Not for: Units making products on the negative list..
How much does Meghalaya Industrial and Investment Promotion Policy 2024 give, and in what form?
Up to ₹10 Cr.
Frequently asked questions
What kind of support is this?
This is equity funding — the investor (often through a fund) takes a stake in your company in exchange for capital, rather than lending or granting money. You give up some ownership; you don’t repay it like a loan.
Who runs this programme?
Meghalaya Industrial and Investment Promotion Policy 2024 (MIIPP 2024) — State Capital Investment Incentive is offered by Commerce & Industries Department / Meghalaya Investment Promotion Authority, Government of Meghalaya. Eligibility and approval rest with them; the criteria and amounts are set by the programme.
Is there a deadline to apply?
The programme lists a deadline of 2027-03-31. Government timelines can change, so confirm the current date on the official programme page before you apply.
How do I know if I’m eligible?
Read “Who can apply” above for the programme’s own criteria. If you’d like a quick read on your specific case, our free 2-minute eligibility check maps your stage, sector and revenue to what you can realistically claim.
Related programmes
Browse similar grant programmes. See all meghalaya startup and msme schemes. CapEasy handles this under Fundraising advisory.
Source and verification
No official page is linked for this programme yet. Verification date pending. Government programmes change — confirm current eligibility, amounts and deadlines on the official programme page before you apply. CapEasy is a private consultancy and is not affiliated with any government authority.