MV-IDEA is a grant from Maker Village for mV-Yentrepreneur/Young Entrepreneur Pre-Incubation participants, idea-challenge winners, or direct applicants with a hardware/deep-tech…. It provides Weekly stipend of Rs 500 during the program plus additional grant support (amount unspecified), for electronics hardware / ESDM · IoT and embedded systems · Automation · AI/ML. Applications are open on a rolling basis. Last verified against the official page on 2 November 2026.
Key facts
| Amount / benefit | Weekly stipend of Rs 500 during the program plus additional grant support (amount unspecified) (Weekly stipend of Rs 500 during the program plus additional grant support (amount unspecified)) |
|---|---|
| Provider | Maker Village |
| Where | Pan-India |
| Stage | Idea |
| Sector | Electronics hardware / ESDM · IoT and embedded systems · Automation · AI/ML |
| Deadline | Rolling intake; no deadline published |
What is MV-IDEA?
MV-IDEA — Weekly stipend of Rs 500 during the program plus additional grant support (amount unspecified) — MV-Yentrepreneur/Young Entrepreneur Pre-Incubation participants, idea-challenge winners, or direct applicants with a hardware/deep-tech idea to be developed into a prototype and business model. It is run by Maker Village.
A grant is financial support you don’t repay — awarded against eligibility and, usually, agreed milestones or utilisation of funds. 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.
It is aimed at businesses in electronics hardware / esdm · iot and embedded systems · automation · ai/ml. 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 MV-IDEA?
MV-Yentrepreneur/Young Entrepreneur Pre-Incubation participants, idea-challenge winners, or direct applicants with a hardware/deep-tech idea to be developed into a prototype and business model.
How much does MV-IDEA give, and in what form?
Weekly stipend of Rs 500 during the program plus additional grant support (amount unspecified), as weekly stipend of Rs 500 during the program plus additional grant support (amount unspecified).
Related programmes
Browse similar grant programmes. CapEasy handles this under Fundraising advisory.
Source and verification
No official page is linked for this programme yet. Last verified 2 November 2026. 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.