MV-PROTO is a grant from Maker Village for iP and product-based hardware startups in electronics system design and manufacturing with clear market or user validation. It provides Upfront cash of ₹5 lakhs (₹2.5 lakhs for virtual incubation); optional EIR (Entrepreneur-in-Residence) support of ₹30,000/month for first 6 months, for electronics system design and manufacturing (ESDM) · hardware · IoT. Applications are currently open.
Key facts
| Amount / benefit | Upfront cash of ₹5 lakhs (₹2.5 lakhs for virtual incubation); optional EIR (Entrepreneur-in-Residence) support of ₹30,000/month for first 6 months (Upfront cash of Rs 5 lakh (Rs 2.5 lakh for virtual incubation); option to apply for EIR support of Rs 30,000/month for first six months) |
|---|---|
| Provider | Maker Village |
| Where | Pan-India |
| Sector | electronics system design and manufacturing (ESDM) · hardware · IoT |
| Deadline | Applications open |
| Upfront Cash | ₹5 lakhs (₹2.5 lakhs for virtual incubation track) |
| Additional Support | Optional EIR support of ₹30,000/month for first 6 months |
| Infrastructure Access | 60,000 sqft facility with fabrication labs, 3D printing, SMT line, machining area |
| Focus | Product development and validation through technology demonstration |
What is MV-PROTO?
MV-PROTO is Maker Village's flagship incubation programme supporting IP and product-based ESDM (electronics system design and manufacturing) hardware startups through the product development and validation journey. The programme provides upfront cash funding combined with holistic incubation support including co-working infrastructure, mentorship from industry experts, access to fabrication facilities, and networking opportunities. Participants receive support from ideation through prototype development to technology/product validation.
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 system design and manufacturing (esdm) · hardware · iot. 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-PROTO?
IP and product-based hardware startups in electronics system design and manufacturing with clear market or user validation. Eligible applicants include direct applicants, MV-IDEA graduates, or any grant award winners. Registered entity required (per Companies Act 2013). Must demonstrate high growth potential with social or strategic impact. Strong potential for collaboration with IIITMK faculty.
How much does MV-PROTO give, and in what form?
Upfront cash of ₹5 lakhs (₹2.5 lakhs for virtual incubation); optional EIR (Entrepreneur-in-Residence) support of ₹30,000/month for first 6 months, as upfront cash of Rs 5 lakh (Rs 2.5 lakh for virtual incubation); option to apply for EIR support of Rs 30,000/month for first six months.
MV-PROTO provides upfront cash of ₹5 lakhs (or ₹2.5 lakhs for virtual incubation) to support product development and validation. The programme offers holistic incubation support including dedicated office space, computing and communication facilities, access to electronics and instrumentation labs, metal machining equipment, industrial 3D printing, and an industrial SMT line. Startups receive mentorship from experienced consultants and industry leaders, business planning support, focused training courses on product development and validation, IT infrastructure support, and networking connections. Optional EIR (Entrepreneur-in-Residence) monthly support of ₹30,000 is available for the first 6 months.
How to apply for MV-PROTO
- Prepare your startup profile highlighting product development stage and market validation
- Submit your application through Maker Village's official application form — CapEasy prepares the submission and shares the current link with clients
- Contact Maker Village at makervillage@iiitmk.ac.in for application clarifications
- Await evaluation and selection decision from Maker Village committee
- Upon selection, sign incubation agreement and commence support
Frequently asked questions
What type of hardware startups are eligible?
IP and product-based hardware startups in electronics system design and manufacturing (ESDM) are eligible. Startups must demonstrate clear market or user validation and high growth potential. Service-based or software-only startups are not eligible.
What infrastructure is available at Maker Village?
Maker Village provides a 60,000 sqft facility with electronics and instrumentation labs, metal machining area, industrial 3D printing equipment, an industrial SMT (Surface Mount Technology) line, co-working spaces, conference rooms, and computing facilities.
How long is the incubation period?
While not explicitly stated, the programme supports startups through product development and validation phases. The optional EIR support is available for 6 months, after which startups can transition to MV-COMMERCE for commercialisation.
Is mentorship provided?
Yes. Startups receive mentorship from experienced consultants, industry leaders, and subject matter experts. There is also emphasis on collaboration with IIITMK faculty for product development guidance.
Related programmes
Browse similar grant programmes. CapEasy handles this under Fundraising advisory.
Source and verification
Official programme page: makervillage.in. 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.